000 Texoma Parkway, Sherman, TX 75090
000 Texoma Parkway, Sherman, TX 75090
000 Texoma Parkway, Sherman, TX 75090
10
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$199,000
Est. payment /mo
1.54 Acres Lot
New

000 Texoma Parkway Sherman, TX 75090

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision G-0969

MLS Listing ID 21397915

HOA Y/N None

Annual Tax Amount $1,384

Lot Size 1.540 Acres

Acres 1.54

Property Sub-Type Unimproved Land

Property Description

PRIME COMMERCIAL LAND! 1.5 ACRES WITH FRONTAGE ON TEXOMA PARKWAY! IDEALLY POSITIONED ADJACENT TO NEW RESIDENTIAL DEVELOPMENT! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and Global Wafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, restaurants, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. SEE THE MAP PHOTOS OF THE PLANNED RESIDENTIAL DEVELOPMENT JUST WEST OF THIS PARCEL! Strategic Location – 40 miles north of DFW Metroplex. Business-Friendly Climate – Local tax abatements and customized incentive packages may be available to encourage businesses. The area offers a skilled labor force and lower cost of doing business. Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This land parcel presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With frontage on Texoma Parkway (State Highway 91), the land can be developed for a variety of commercial uses to provide services to the customer base as it continues to grow. Relocate or start a new business at this location to attract customers with this HIGH traffic count location. Approximately 9,600 residential households live in the 75090 zip code, providing a substantial potential customer base, which will increase with the upcoming development planned just west of the parcel. There are several successful, long-term service businesses and restaurants on Texoma Parkway in this area. The Dallas North Tollway will be extended to Grayson County in the next few years. Don't miss this opportunity to purchase investment land or locate your business in this high-growth location! Buyers should verify development plans, zoning and planning requirements.

Location

State TX

County Grayson

Zoning (300) COMMERCIAL LAND-VACANT

Direction From Hwy 75, exit at Hwy 82 East. Travel east on Hwy 82 to Texoma Pkwy. Travel north on Texoma Parkway approximately 1 mile. The property is located on the west side of the road.

Exterior

Utilities Available All Weather Road, Cable Available, City Water, Curbs, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Underground Utilities

Street Surface Asphalt,Concrete

Garage No

Building

Lot Description Acreage, Cleared, Irregular Lot, Landscaped, Level

Schools

Elementary Schools Dillingham

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Restrictions Deed,Development

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition Aerial Photo, Survey Available, Utility Easement

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21397915


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Victoria Woodard • HBL, Realtors

Nearby Locations

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Josiah Ford

Josiah Ford

Broker License ID: 0596265

+1(214) 425-3525

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000 Texoma Parkway