OB Groner Sherman, TX 75092

Listing agent Jordan Cortez License #0494942 Show Phone

Listing office Vanguard Real Estsate Advisors Dallas, TX Show Phone

Listing date Mar 9, 2026

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MLS# 21188451 Listing URL

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Investment Insights

Based on property information with market context.

Vanguard Real Estate Advisors presents the opportunity to purchase Greenway, a 220-acre master planned community. The site is zoned under the Greenway planned development, supporting a mix of commercial, single-family, townhomes, and multifamily uses. The current concept plan contemplates 808 residential lots, 773 multifamily units, and 16.4 acres of retail space, providing a defined framework for a higher-density community buildout.

Greenway is located along OB Groner Road in Sherman, TX. The property is approximately 2 miles west of US Highway 75 and is less than a 10-minute drive to the new GlobiTech and Texas Instruments facilities, positioning the development for strong local demand drivers.

This offering is well suited for developers and investors seeking a large site with entitlements tied to a detailed concept plan. The combination of substantial residential density and an identified retail acreage supports mixed-use development strategies, allowing an operator to plan complementary commercial services within the overall community.

Key Highlights

• 220‑acre master planned community site in Sherman, TX along OB Groner Road
• Greenway planned development zoning allows a mix of commercial, single‑family, townhomes, and multifamily uses
• Concept plan includes 808 residential lots and 773 multifamily units

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FAQs

What type of property is this?

Residential land & home lot - A 220-acre master planned site with planned-development zoning for mixed-use residential and commercial components.

Where is this residential land & home lot located?

The property is located at OB Groner Sherman, TX.

What is the asking price?

The asking price for this property is $19,950,000.

What are key features of this property?

This property features: 220‑acre master planned community site in Sherman, TX along OB Groner Road; Greenway planned development zoning allows a mix of commercial, single‑family, townhomes, and multifamily uses; Concept plan includes 808 residential lots and 773 multifamily units