TBD Fm 697 Sherman, TX $ 18,900,000
TBD Fm 697
$ 18,900,000
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TBD Fm 697

Sherman, TX, 75090
$ 18,900,000
Baths0.0

Monthly Estimate*

$ 117,911

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Studio

Lots and Land for sale in Sherman, TX

for $18,900,000. The lot size is 606.5.

Rare opportunity to own 606.5 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. This site has approximately 11,000ft of road frontage and borders three road: FM 697 on two sides, JP Cave Rd and Independence Springs. There is gentle topography on the majority of the property and some flood plain located on the very south side of the property along the southern border. This land is located in Sherman ISD and is partially in Sherman's ETJ and partially in the County. There are minimal easements on the property, and it is agriculturally assessed. The land is partially in Pink Hill water CCN and partially in Sherman's water CCN and fully in Sherman's sewer CCN. Water and sewer are roughly 2 miles to the west.

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Lots and Land Active

Price

$ 18,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

606.5

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

20700615

Features
General
Development Status Unzoned
Utilities All Weather Road Asphalt Outside City Limits
Possession Closing/Funding
current use Agricultural Pasture
Restrictions None
School District Sherman ISD
Topography Mostly level north of FM 697 and sloping south of FM 697.
Property Subtype Unimproved Land
Subdivision Name G-0425 FOX JAMES A
Occupant Type Owner
County Grayson
Property Type Land
HOA Type None
Special Notes Aerial Photo
Status Active
Directions The nearest address you can search in GPS to find this location is 2773 FM 697 SHERMAN TX. Driving north on Hwy 11 turn east onto FM 697 and drive for about two miles and the property will be on th
City Sherman
Elementary School Name Dillingham
High School Sherman
Elementary School Dillingham
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Lot Features Acreage Agricultural Cleared Level Pasture
Vegetation Cleared Grassed Partially Wooded
Lot Size Source Other
Lot Size Over 100 Acres
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* Excluded Features
List By
Terrin Bertholf

Listing Agent

Bertholf Commercial Real Estate

Broker

Affordability Calculator

$117,911
Per Month
100%
0%
0%
Monthly Principal & Interest
$117,911
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3436593 Elementary School
3672418 Middle School
Pricing History
DatePricePrice ChangeDescription
8/14/2025$18,900,000 Listed Price

Map


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TBD Fm 697, Sherman, TX, 75090 is a Lots and Land for sale at $18,900,000 with a lot size of 606.5. TBD Fm 697 is a studio with 0.0 baths. The property's zip code is 75090 which is in Sherman, TX