Multi-Use Development Land
For Sale
$1,165,080
FM 697, Sherman, TX 75090
LAND - Sherman, TX
Property SizeContact for details
Lot Size27.74 Acres
Days on Market119
Property Features for FM 697
General Information
Property type
Land
Property subtype
Other
Zoning description
No known zoning restrictions.
Lot features
Acreage
Elementary school
Wakefield
Middle school
Sherman
High school
Sherman
Elementary school district
Sherman ISD
Middle school district
Sherman ISD
High school district
Sherman ISD
Directions
Available via FM 697
Standard status
Active
APN
219799
Lot size
27.74 Acres
Utilities
Water source
Public
Listing Agency:
Vanguard Real Estsate Advisors
(214) 556-1951
Listed By:
Jordan Cortez · License #0494942
(214) 556-1951
Added: Apr 29
Changed: Aug 1
Last Checked: Aug 25 at 2:06PM
MLS# 20976730
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.
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.
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
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
Explore this area
Business Placement
Demographics for 75090, TX
25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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
