0 Tx-11 Sherman, TX 75090
Exceptional 859-acre property presents a unique investment opportunity on the southeastern edge of Sherman, Texas. This expansive tract boasts over three miles of road frontage, strategically positioned along two sides of State Highway 11 and Nelson Road, within the rapidly developing State Highway 11 corridor. The property's versatility allows for various uses, including long-term investment ("buy and hold"), subdivision into smaller parcels, or immediate development. Meticulously maintained, this land showcases pride of ownership, evident in its well-maintained fencing (including cross-fencing for cattle) and several existing buildings. Currently benefiting from an agricultural exemption, this sizable property offers significant potential for diverse uses and substantial returns. Its location near Highway 75 provides excellent accessibility and connectivity. The property is located in Grayson County, Texas, with a Sherman, TX address and zip code 75090.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.