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Commercial Land Adjacent to AmeriState Bank
For Sale
$1,227,500

N Masters Street, Sherman, TX 75090

LAND - Sherman, TX

Lot Size2.82 Acres
Days on Market67

Property Features for N Masters Street

General Information

Property type Land
Property subtype Other
Zoning description Commercial, business
Subdivision Ameristate Central Plaza Rep
Lot features Acreage, City Lot
Elementary school Perrin
Middle school Piner
High school Sherman
Elementary school district Sherman ISD
Middle school district Sherman ISD
High school district Sherman ISD
Directions Use GPS
Standard status Active
APN 265719
Lot size 2.82 Acres

Taxes and HOA fees

Tax Description AMERISTATE CENTRAL PLAZA REPLT LT 1 & 2 BLK 1
Tax Annual Amount 9144
Legal Description AMERISTATE CENTRAL PLAZA REPLT LT 1 & 2 BLK 1

Utilities

Sewer type Public Sewer
Water source Public
Listing Agency: Keller Williams Realty DPR
Listed By: Stacey Davidson · License #183892
Added: May 29 Changed: Aug 1 Last Checked: Aug 3 at 2:06AM
MLS# 21251800

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 commercial land parcel offers 2.817 acres for a range of development concepts, with the site positioned directly beside AmeriState Bank. The property is described as suitable for uses such as a retail center, professional office building, medical office, or mixed commercial development, subject to the noted development requirements.

Architectural designs are subject to seller approval. Financial institutions and residential housing are not permitted; office buildings and strip centers are welcome. Utilities are available with public water and public sewer connected to the site. The property address is N Masters Street, Sherman, TX 75090 in Grayson County.

The lot’s size and public utility access make it a practical option for tenants and developers evaluating a ground-up or tailored commercial site plan in a growing Sherman corridor.

Key Highlights

  • 2.817‑acre commercial land parcel on N Masters Street in Sherman
  • Positioned directly beside AmeriState Bank
  • Public water service available

Property Analytics

Current Use

Commercial land

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby

Demographics for 75090, TX

25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial lot with public water and public sewer, positioned directly beside AmeriState Bank on N Masters Street.
Where is this commercial land located?
The property is located at N Masters Street Sherman, TX.
What is the asking price?
The asking price for this property is $1,227,500.
What are key features of this property?
This property features: 2.817‑acre commercial land parcel on N Masters Street in Sherman; Positioned directly beside AmeriState Bank; Public water service available
More about this property
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