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    1530 Texoma Pkwy Sherman, TX 75090

    For Sale
    $1,295,000

    Unimproved Land - Sherman, TX

    Type:Unimproved Land
    Lot size:
    3.00 Acres
    Days on Market:
    112
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 1530 Texoma Pkwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    157394
    Lot size
    3.00 Acres

    Building Details

    Architectural style
    Other

    Z-Properties (940) 566-7005

    Listing agent Cole Frazier (940) 566-7005

    Listing date Aug 18, 2025

    MLS# 20922633 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

    Sherman, TX Land For Sale

    This property consists of approximately 3 acres situated in Sherman, TX. The location is central, surrounded by both residential and commercial properties. It offers convenient access and visibility to the main thoroughfares that run through Sherman. Currently zoned for multi-family use (MF30), the City of Sherman has indicated a willingness to consider rezoning for commercial purposes, subject to the standard zoning application process. The property is located approximately 5 miles from the Texas Instruments and GlobalWafers expansions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.60978
    Latitude
    33.65238

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    FAQs

    What type of property is this?
    Land - Centrally located land in Sherman, TX, with multi-family zoning.
    Where is this land located?
    The property is located at 1530 Texoma Pkwy Sherman, TX.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Sherman, TX.; - 3+ acres of land.; - Zoned multi-family (MF30) with potential for commercial rezoning.
    (940) 566-7005
    Request Owner's contact information
    1530 Texoma Pkwy 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
    1530 Texoma Pkwy Sherman, TX 75090
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