4528 N Travis St Sherman, TX 75092
For Sale
1 / 2
This exceptional 30.89-acre land parcel presents a unique investment opportunity in the rapidly growing city of Sherman, Texas. Located at 4528 N Travis St, in Grayson County, zip code 75092 (33.678887, -96.623583), this property boasts versatile zoning, permitting multifamily, senior housing, or single-family residential development. All utilities are planned for delivery to the site, simplifying the development process. The strategic location places this land in the heart of Sherman's major growth area, offering unparalleled access to significant infrastructure projects currently underway. These include the substantial Texas Instruments $30 billion wafer plant (scheduled for completion in 2025), the expansive $6 billion Preston Harbor development anchored by a Margaritaville Resort, and the Globitech semiconductor facility, poised to add 1,500 new jobs to the region. This prime location and flexible zoning make this land ideal for developers seeking to capitalize on Sherman's booming economy and burgeoning population. The property's size and strategic placement offer significant potential for substantial returns. Don't miss this chance to secure a piece of Sherman's vibrant future.
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.