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    Tbd Fm-697 Sherman, TX 75090

    For Sale
    $605,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    11.00 Acres
    Days on Market:
    276
    Last Refresh:
    Dec 14 at 8:06 am

    Property Features for Tbd Fm-697

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    125563
    Lot size
    11.00 Acres

    Building Details

    Architectural style
    Other

    United Real Estate - Dallas (972) 372-0590 [email protected]

    Listing agent Edwin Karuga Gakuo (972) 372-0590 License #0701046

    Listing date Mar 14, 2025

    MLS# 20870966 Listing URL

    Copyright © 2025 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

    11 Acres of Texas Countryside

    This 11-acre property offers a blend of rural tranquility and modern accessibility. The land, suitable for a custom ranch home, luxury estate, or housing development, features mature trees that provide natural privacy and scenic views. Located in an established subdivision with ongoing development, the property is subject to building restrictions that prohibit mobile homes and RVs. Situated minutes from shopping centers, restaurants, and entertainment in Sherman, and approximately 30 minutes from McKinney, the location combines country living with urban conveniences. This property is a foundation for a family retreat or development project.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.51328
    Latitude
    33.59795

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    FAQs

    What type of property is this?
    Land - 11 acres in Sherman, TX, perfect for custom home or development.
    Where is this land located?
    The property is located at Tbd Fm-697 Sherman, TX.
    What is the asking price?
    The asking price for this property is $605,000.
    What are key features of this property?
    This property features: - 11-acre property offering a blend of rural tranquility and urban convenience.; - Prime location: Minutes from Sherman and a short drive to McKinney.; - Suitable for custom home, estate, or housing development.
    (972) 372-0590
    Request Owner's contact information
    Tbd Fm-697 Sherman, TX 75090
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    Sherman, TX 75090
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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

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    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
    Tbd Fm-697 Sherman, TX 75090
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