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    Gant Rd Sherman, TX 75090

    Sponsored
    For Sale
    $2,285,600

    57 Acres, Sherman, TX - Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 57.14-acre property in Grayson County, Texas, presents a compelling investment opportunity near Sherman. Located on Gant Rd, with a convenient 75090 zip code, this expansive land boasts 3,236 feet of road frontage on two sides, making subdivision exceptionally feasible. Currently enjoying agricultural exemption, this unzoned property is strategically positioned outside city limits and extraterritorial jurisdiction (ETJ), offering flexibility for future development. Its proximity to the burgeoning Texas Instruments and Globitech chip plants in the rapidly expanding Sherman area makes it an ideal site for future residential or rural acreage tracts. The property's APN is 231357. The asking price is $2,285,600. This substantial acreage offers significant potential for investors seeking to capitalize on the region's growth. The property's size and location provide ample opportunity for various development scenarios, catering to a wide range of investment strategies. Its accessibility and road frontage further enhance its appeal and development potential. This is a rare opportunity to acquire a large parcel of land in a high-growth area with significant upside potential.

    Property Features for 0 Gant Rd

    General Information

    Property type
    Farms
    Lot Size
    2,489,018 SF

    HighLights

    • $2,285,600 asking price for 57.14 acres of land.
    • Agricultural, Farm, and Residential uses permitted.
    • Located in Grayson County, Texas, near Sherman, TX (75090), with 3,236 feet of road frontage.
    • Unzoned property, currently under agricultural exemption.
    • Excellent investment opportunity near new Texas Instruments and Globitech chip plants, ideal for future residential subdivision.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.52863790335
    Latitude
    33.504499602067

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    FAQs

    What type of property is this?
    Farm - 57 Acres, Sherman, TX - Investment Opportunity
    Where is this farm located?
    The property is located at Gant Rd Sherman, TX.
    What is the asking price?
    The asking price for this property is $2,285,600.
    What are key features of this property?
    This property features: $2,285,600 asking price for 57.14 acres of land.; Agricultural, Farm, and Residential uses permitted.; Located in Grayson County, Texas, near Sherman, TX (75090), with 3,236 feet of road frontage.
    Request Owner's contact information
    Gant Rd 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Gant Rd Sherman, TX 75090
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