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    E Canyon Grove Rd Sherman, TX 75092

    Sponsored
    For Sale
    $2,250,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    18.56 Acres
    Days on Market:
    133
    Last Refresh:
    Jan 9 at 1:06 pm

    Property Features for E Canyon Grove Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    118649
    Lot size
    18.56 Acres

    Building Details

    Architectural style
    Other

    MainStreet Venture Partners, L (903) 821-9055

    Listing agent Ryan Clevenger (903) 821-9055 License #0781303

    Listing date Aug 30, 2025

    MLS# 21046661 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Development Land in Sherman, TX

    This is an 18.56-acre development opportunity for sale, strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. The property consists of two parcels of 17.662 acres and 0.895 acres. It is situated in the Hwy 75 & 82 corridor, the most active retail and growth hub in the region. The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, potentially providing tax advantages for investors. Across the street is Sherman Town Center, featuring Target, Hobby Lobby, Home Depot, and Sam’s Club. The site is in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses. With visibility, utility access, and flexible zoning potential, the site is positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing commercial and residential expansion, fueled by new employment growth and infrastructure investment.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.61708373
    Latitude
    33.67542107

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    FAQs

    What type of property is this?
    Land - 18.56-acre development opportunity in a high-growth area.
    Where is this land located?
    The property is located at E Canyon Grove Rd Sherman, TX.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - ±18.56-acre development opportunity in rapidly growing Sherman, Texas.; - Located in the Hwy 75 & 82 retail corridor, adjacent to Walmart.; - Designated Opportunity Zone, offering potential tax advantages.
    (903) 821-9055
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    E Canyon Grove Rd Sherman, TX 75092
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