Current Use by Public Records
- Land
Property Details for 409 Naylor Ln
- Lot size
- 306.53 lot acres
- Property type
- Land
Description
This exceptional 306.53-acre development opportunity is situated in Sherman, Texas, within the city's extraterritorial jurisdiction (ETJ). The property boasts an unparalleled location, less than seven miles west of US Highway 75 and under a mile south of US Highway 82, providing convenient access to major thoroughfares. This strategic positioning places the land within easy reach of the burgeoning DFW Metroplex, with McKinney approximately 37 minutes away, McKinney Airport 46 minutes, Frisco 49 minutes, and Plano 52 minutes. The site benefits immensely from the recent announcement of a $30 billion Texas Instruments plant, adding 3,000 jobs to the area. This significant investment, coupled with the presence of major retailers such as Walmart, Kroger, Sam's Club, and the nearby Midway Mall, underscores the robust economic growth and strong retail presence in the immediate vicinity. Furthermore, Sherman's attraction to numerous manufacturing, electricity, and semiconductor companies solidifies its position as a thriving hub for industrial development. The property consists of several parcels (123 0598001; 123 059800203; 123 103100101; 123 0112001; 123 011200202; 123 011200203; 123 0112002) and is served by the S&S Consolidated Independent School District. Note that approximately 42 acres within the northern portion of the property fall within a 100-year floodplain along Harris Creek. The tax rate is 1.677704%. Contact us for pricing and detailed legal descriptions.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.7068
- Latitude
- 33.6774
