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Cleared Commercial Land
For Sale
$499,000

153 Raccoon Drive, Sherman, TX 75092

Land, Sherman, TX

Property SizeContact for details
Lot Size14.25 Acres
Days on Market59

Property Features for 153 Raccoon Drive

General Information

Property type Land
Property subtype Other
Zoning description ETJ Sherman / Grayson County
Subdivision J Emery Surv Abs #1432
Lot features Acreage, Cleared, Greenbelt
Elementary school S And S
Middle school S And S
High school S And S
Elementary school district S and S Cons ISD
Middle school district S and S Cons ISD
High school district S and S Cons ISD
Directions From US Hwy 75, head west on Hwy 82. Turn right (north) onto Raccoon Drive. The property is located just west of Texoma RV Park (37 Raccoon Dr). Look for signage on-site.
Standard status Active
APN 119465
Lot size 14.25 Acres

Taxes and HOA fees

Tax Description G-0563 HARSHBARGER AARON A-G0563, ACRES 12.5
Tax Annual Amount 7
Legal Description G-0563 HARSHBARGER AARON A-G0563, ACRES 12.5

Utilities

Water source Well
Listing Agency: Regal, REALTORS
Listed By: Rich Johnson
Added: Jul 28 Changed: Aug 22 Last Checked: Sep 24 at 6:06PM
MLS# 21314649

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.

This 14.248-acre commercial land tract is fully cleared and provides approximately 190 feet of frontage along Highway 82. The property is within the Sherman ETJ, where zoning is not currently in place. A recently renewed AG exemption is in place, and publicly available FEMA mapping places the tract outside the flood plain.

The site is less than 4 miles from the proposed Grayson County Tollway extension, with access to Sherman, Whitesboro, Denison, Lake Texoma, and other North Texas growth corridors. An existing water meter is identified through Two Way Special Utility District, and electric service is available through Grayson Collin Electric Cooperative. Potential applications identified for the property include RV and boat storage, industrial outdoor storage, contractor or equipment yards, outdoor laydown space, flex warehouse development, manufactured housing, and tiny home development, subject to applicable requirements and buyer verification.

Key Highlights

  • 14.248‑acre tract with approximately 190 feet of Highway 82 frontage
  • Fully cleared property within the Sherman ETJ
  • Less than 4 miles from the proposed Grayson County Tollway extension

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Auto Repair Shop Building Supply Storage Facility Coworking & Hybrid Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Land - Highway-facing tract within the Sherman ETJ with access to electric service and a renewed agricultural exemption.
Where is this land located?
The property is located at 153 Raccoon Drive Sherman, TX.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 14.248‑acre tract with approximately 190 feet of Highway 82 frontage; Fully cleared property within the Sherman ETJ; Less than 4 miles from the proposed Grayson County Tollway extension
More about this property
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