TBD HWY 11 & Nelson RD. Highway Sherman, TX $ 17,671,820
TBD HWY 11 & Nelson RD. Highway
$ 17,671,820
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TBD HWY 11 & Nelson RD. Highway

Sherman, TX, 75090
$ 17,671,820
Baths0.0

Monthly Estimate*

$ 110,249

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Studio

Lots and Land for sale in Sherman, TX

for $17,671,820. This property was built in 1970 on a lot size of 784.34.

Rarely does a property with this amount of acreage comes on the market on in Grayson County, but this distinguishable property of approximately 768.34 acres is definitely one of kind with its rolling topography with variations of around 110 feet. Located on the southeast edge of Sherman in the fast-growing area of US HWY 75, US HWY 82, and Preston Roads. This property could have the potential to be a buy and hold investment, or for splitting into smaller tracts due to the tremendous amount of Highway frontage on State HWY 11, Nelson Rd., and Webb Smith Roads. The property is diverse with fenced pastureland, areas of cultivation, variations in topography, scattered native pecan treen, and several ponds. Also, the property has improvements that include a hunter's cabin or office, working pends, Quonset barn, and workshop. Sherman and Grayson County are both realizing tremendous growth...this unique and one-of-a-kind property could be your opportunity to participate in future growth potential. See Transaction Desk for PDF aerials, FEMA Mapping, ETC. Information Deemed Reliable but not Guaranteed.

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Lots and Land Active

Price

$ 17,671,820

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,715

Style

Ranch

Lot Size

784.34

Year Built

1970

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

20803130

Features
General
Development Status Unzoned
Utilities All Weather Road Asphalt Co-op Membership Included Outside City Limits Overhead Utilities
Possession Closing/Funding
current use Agricultural Cattle Crops and Livestock Grazing Hunting/Fishing Pasture Recreational
Restrictions No Known Restriction(s)
School District Tom Bean ISD
Crops Coastal Bermuda Common Bermuda Improved Pasture Native Small Grain
Exclusions 2025 crops growing on the property. Some minerals.
Year Built 1970
Topography Varied.
Property Subtype Ranch
Subdivision Name Eldridge
County Grayson
Property Type Land
HOA Type None
Special Notes Aerial Photo Flood Plain
Status Active
Directions From US HWY 75 and FM HWY 1417 east on HWY 1417. At the stoplight at HWY 1417 and State HWY 11 right on HWY 11. The SE corner of the property is at the intersections of HWY 11 and Nelson Road.
City Sherman
Elementary School Name Tom Bean
High School Tom Bean
Elementary School Tom Bean
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional Federal Land Bank
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Exterior
Lot Features Acreage Agricultural Corner Lot Few Trees Other Pasture Tank/ Pond Varied
Vegetation Crop(s) Grassed Partially Wooded
Fencing Barbed Wire Cross Fenced
Lot Size Over 100 Acres
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* Excluded Features
List By
DAVID NORMAN

Listing Agent

David Norman Land Company

Broker

Affordability Calculator

$110,475
Per Month
100%
0%
0%
Monthly Principal & Interest
$110,249
Monthly Property Taxes
$226
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
286822 Elementary School
5136380 Middle School
Pricing History
DatePricePrice ChangeDescription
12/27/2024$17,671,820 Listed Price

Map


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TBD HWY 11 & Nelson RD. Highway, Sherman, TX, 75090 is a Lots and Land for sale at $17,671,820 with a lot size of 784.34. TBD HWY 11 & Nelson RD. Highway is a studio with 0.0 baths and was built in 1970. The property's zip code is 75090 which is in Sherman, TX