$2,256,000
 $12,809 est/mo Sourced by Back At You

661 Fm 902,Sherman, TX 75090

Sherman, TX 75090

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Description

Position your next venture in the direct path of North Texas's rapid expansion. This spectacular 47-acre tract of premium raw land offers an unmatched combination of immediate financial advantages and massive long term development flexibility. Featuring expansive, high visibility road frontage along heavily traveled FM 902, the property serves as a blank canvas ready to be tailored to your vision. The land currently benefits from a valuable, active agricultural exemption, keeping your annual holding costs remarkably low while you finalize engineering, secure permits, or hold for future appreciation. While presently utilized for agriculture, its strategic location, level topography, and excellent accessibility make it an ideal candidate to be easily rezoned for commercial use. Whether your goal is to develop a retail center, establish a light industrial facility, construct a high demand storage complex, or capitalize on a mixed-use master plan, this acreage can accommodate it all. For residential buyers and developers, this massive acreage also presents a rare chance to subdivide into premier ranchette lots or build a sprawling, private luxury estate within the highly regarded Tom Bean ISD. Free from restrictive city constraints and positioned perfectly within Grayson County, this raw land offers the space, freedom, and utility to execute a wide variety of profitable projects. Opportunities of this scale with such clear commercial versatility are becoming increasingly rare in this fast growing market. Don't wait to capitalize on the growth moving up the corridor-schedule your property tour today and claim your piece of Texas future!

Details

MLS #21403358
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site19
Listing Provided ByThe Agency Frisco | Mark Stevens

Features

ZoningCurrently Agricultural
Acreage47.07

Exterior

Lot FeaturesAcreage

Utilities

UtilitiesElectricity Not Available

Taxes

Unexempt Taxes2959
Tax Legal DescriptionG-0773 MORGAN GEORGE A-G0773, ACRES .88

Area Information

StateTX
CountyGrayson
CitySherman
Zip Code75090
AreaGrayson
Community NameG 0773 MORGAN GEORGE A G0773
School DistrictTom Bean ISD
Elementary SchoolTom Bean
High SchoolTom Bean
Listing VS Median (in G 0773 MORGAN GEORGE A G0773)
Price:
$2,256,000
low | high
Med:
$0
On site:
19
low | high
Med:
Sourced by Back At You

Market Activity 75090

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyGrayson
CitySherman
Zip Code75090
AreaGrayson
Community NameG 0773 MORGAN GEORGE A G0773
School DistrictTom Bean ISD
Elementary SchoolTom Bean
High SchoolTom Bean
Listing VS Median (in G 0773 MORGAN GEORGE A G0773)
Price:
$2,256,000
low | high
Med:
$0
On site:
19
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.692M - $2.82M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
TBD Joe Bob Lane Property Photo 1
$1,790,000
Tbd Joe Bob Lane
Tom Bean, TX 75090
Listing Updated: October 7, 2026 at 9:27:57 PM PDT