0 Gant Rd Sherman, TX 75090
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.