Ag-Exempt Farmland with Highway
11086 State Highway 56 Sherman, TX 75090
11086 State Highway 56, Sherman, TX, 75090
$10,738,700
For Sale
$10,738,700
LAND - Sherman, TX
Lot Size107.39 Acres
Days on Market82
Property Features for 11086 State Highway 56
General Information
- Property type
- Land
- Property subtype
- Other
- Standard status
- Active
- APN
- 122241
- Lot size
- 107.39 Acres
Taxes and HOA fees
- Tax Description
- G-0061 BURLESON AARON A-G0061, ACRES 107.39
Listing agency
Berkshire HathawayHS PenFed TX
(214) 257-1111
Listed by
Zexi Su · License #0791424
(866) 225-5778
Added: May 1 Updated: Jun 6 at 12:06AM Checked: Jul 21 at 5:06PM
MLS# 20749819
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.
Offered for sale is a rare ag-exempt tract totaling approximately 107.4 acres. The property features an estimated 1,500 feet of highway frontage and presents an open, utility-friendly land configuration for buyers considering development or a long-term hold strategy. Its overall acreage scale makes it practical for investors looking to secure a meaningful land position.
The site sits just outside Sherman city limits with strong access and visibility from State Highway 56. It is less than a mile from the city, and within about a 10-minute drive to Austin College and Sherman Town Center. In addition, ongoing industrial corridor development in South Sherman may support future demand for well-located acreage.
This property is likely to attract buyers who want ag-exempt status alongside major frontage and room to plan ahead. Whether your goal is to hold for appreciation or evaluate future development scenarios, the combination of size, road exposure, and proximity to growing Sherman commercial activity offers a compelling foundation for an investment-minded strategy.
The site sits just outside Sherman city limits with strong access and visibility from State Highway 56. It is less than a mile from the city, and within about a 10-minute drive to Austin College and Sherman Town Center. In addition, ongoing industrial corridor development in South Sherman may support future demand for well-located acreage.
This property is likely to attract buyers who want ag-exempt status alongside major frontage and room to plan ahead. Whether your goal is to hold for appreciation or evaluate future development scenarios, the combination of size, road exposure, and proximity to growing Sherman commercial activity offers a compelling foundation for an investment-minded strategy.
Key Highlights
- 107‑acre ag exempt property with ~1,500 ft frontage on Highway 56
- Located just outside Sherman city limits, less than 1 mile from city limits
- Less than a 10‑minute drive to Austin College and Sherman Town Center
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Agricultural land / Farmland
Similar For Sale Nearby
FAQs
What type of property is this?
Agricultural land / Farmland - Large ag-exempt acreage with substantial highway frontage, well suited for long-term investment or future development planning.
Where is this agricultural land / farmland located?
The property is located at 11086 State Highway 56 Sherman, TX.
What is the asking price?
The asking price for this property is $10,738,700.
What are key features of this property?
This property features: 107‑acre ag exempt property with ~1,500 ft frontage on Highway 56; Located just outside Sherman city limits, less than 1 mile from city limits; Less than a 10‑minute drive to Austin College and Sherman Town Center
