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    H. 289 Sherman, TX 75020
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    H. 289, Sherman, TX 75020

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    • Land
    • 50.78 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 0 H. 289

    Lot size
    50.78 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 50.78-acre property presents a unique investment opportunity in Sherman, Grayson County, Texas. Located just outside city limits, this agriculturally-exempt land boasts convenient access to key infrastructure. The property features a substantial 3,500 square foot barn, complete with an existing water well and electricity, providing immediate utility. Its strategic location offers proximity to both State Highway 289 and the projected alignment of a future tollway, placing it within a projected Tax Increment Reinvestment Zone (TIRZ). Furthermore, the land is situated within the S&S Consolidated Independent School District and enjoys the benefit of being outside any designated floodplain. For those seeking convenient air travel, the North Texas Regional Airport is less than three miles away, and the Hagerman National Wildlife Refuge is approximately 2.5 miles from State Highway 289. This versatile property, with its existing improvements and prime location, offers significant potential for various commercial and agricultural uses. The combination of its size, existing infrastructure, and strategic location makes this a compelling investment opportunity in a rapidly growing area of Texas. The property is free and clear of any floodplain designations. This is a rare opportunity to acquire a substantial tract of land with existing improvements in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.7293
    Latitude
    33.6965
    More about this property
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