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40 Acres Development Opportunity
For Sale
$1,950,000

4800 N Fm-1417, Sherman, TX 75092

40 acres suitable for development within Sherman city limits.

Property SizeContact for details
Days on Market336

Property Features for 4800 N Fm-1417

General Information

Standard status Active
Property subtype Land
Listing Agency: Collin County Realty, Inc.
Listed By: Charlotte Tittle · License #0428778
Source: Susiethompson
Added: Nov 27, 2025 Changed: Oct 25 Last Checked: Oct 28 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Collin County Realty, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 40-acre property features road frontage on FM 1417 along the east side and Shadow Trail on the west side. Located within the city limits of Sherman, Texas, the land is currently used for agricultural purposes. City water is accessible across FM 1417, enhancing its development potential. Future land use maps designate the property fronting FM 1417 for multi-family development, while the remaining area is intended for single-family residences, according to planning documents.

Key Highlights

  • 40 acres of land suitable for development.
  • Road frontage on two sides: FM 1417 and Shadow Trail.
  • Located within Sherman city limits.

Property Analytics

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Suggested Use

Top Pick Building Supply Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Real Estate Agency

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

43
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 - 40 acres suitable for development within Sherman city limits.
Where is this land located?
The property is located at 4800 N Fm-1417 Sherman, TX.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 40 acres of land suitable for development.; Road frontage on two sides: FM 1417 and Shadow Trail.; Located within Sherman city limits.
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