Master-Planned Development
For Sale
$19,950,000
OB Groner, Sherman, TX 75092
LAND - Sherman, TX
Property SizeContact for details
Lot Size220.04 Acres
Days on Market170
Property Features for OB Groner
General Information
Property type
Land
Property subtype
Other
Zoning description
Planned Development
Lot features
Acreage, City Lot
Elementary school
Fairview
Middle school
Piner
High school
Sherman
Elementary school district
Sherman ISD
Middle school district
Sherman ISD
High school district
Sherman ISD
Directions
The property is located on the north side of OB Groner Road, approximately a quarter mile west of Heritage Parkway (FM1417).
Standard status
Active
APN
125114
Lot size
220.04 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Vanguard Real Estsate Advisors
(214) 556-1951
Listed By:
Jordan Cortez · License #0494942
(214) 556-1951
Added: Mar 9
Changed: Aug 1
Last Checked: Aug 25 at 2:06PM
MLS# 21188451
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 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.
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
Property Analytics
Property Profile
Current Use
Lease Details
773
Residential units
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 75092, TX
27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
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 - 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
