FM 697 Sherman, TX 75090

Listing agent Jordan Cortez License #0494942 Show Phone

Listing office Vanguard Real Estsate Advisors Dallas, TX Show Phone

Listing date Apr 29, 2026

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MLS# 20976730 Listing URL

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Investment Insights

Based on property information with market context.

Vanguard Real Estate Advisors has been exclusively retained by ownership to present a development opportunity in Sherman, Texas: a 27.74+/- acre tract along FM 697. The site is located within the Sherman ETJ and is not currently zoned, creating flexibility for a range of potential uses.

The property sits less than a mile east of State Highway 11 and approximately 2.5 miles east of U.S. Highway 75, providing convenient access to major roadways in the area. It is positioned to benefit from ongoing residential and commercial growth in Grayson County.

Because the tract is unzoned and located in the Sherman ETJ, it may be well suited for investors evaluating multiple development scenarios, including single-family or manufactured housing, as well as community-oriented uses such as self-storage or an RV park. This offering provides a straightforward platform for qualified buyers seeking land with adaptable end-market options in an active growth area.

Key Highlights

• 27.74+- acre site along FM 697 in the Sherman ETJ with public water available
• Less than 1 mile east of State Highway 11 and about 2.5 miles east of U.S. Highway 75
• Site is not currently zoned, allowing a variety of potential uses such as single family and manufactured housing

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FAQs

What type of property is this?

Residential land & home lot - Unzoned acreage in the Sherman ETJ offers flexible development options in a growing Grayson County corridor.

Where is this residential land & home lot located?

The property is located at FM 697 Sherman, TX.

What is the asking price?

The asking price for this property is $1,165,080.

What are key features of this property?

This property features: 27.74+- acre site along FM 697 in the Sherman ETJ with public water available; Less than 1 mile east of State Highway 11 and about 2.5 miles east of U.S. Highway 75; Site is not currently zoned, allowing a variety of potential uses such as single family and manufactured housing