216 Acres JP Cave Road Sherman, TX $ 5,940,000
216 Acres JP Cave Road
$ 5,940,000
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216 Acres JP Cave Road

Sherman, TX, 75090
$ 5,940,000
Baths0.0

Monthly Estimate*

$ 36,574

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Studio

Lots and Land for sale in Sherman, TX

for $5,940,000. The lot size is 216.

Rare opportunity to own 217 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. There is gentle topography on the majority of the property with no flood plain and minimal wetlands. The site also has over 2,400 feet of road frontage on JP Cave Rd, making this an excellent site to develop. 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 located in the Sherman sewer CCN and both the Pink Hill water CCN and Sherman water CCN. Water and sewer are roughly 2 miles to the west.

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Lots and Land Active

Price

$ 5,940,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Unimproved Land

Lot Size

216

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21173223

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
Status Active
Directions This property is located to the south of 1034 JP Cave Rd. Driving east on Hwy 56 turn south (right) on JP Cave Road. After roughly 3 500 ft the property will be on your east (left).
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
Waterfront 0
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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Internal Only
Street Number 1 216
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* Excluded Features
List By
Terrin Bertholf

Listing Agent

Bertholf Commercial Real Estate

Broker

Affordability Calculator

$36,574
Per Month
100%
0%
0%
Monthly Principal & Interest
$36,574
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
2/24/2026$5,940,000 Listed Price

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216 Acres JP Cave Road, Sherman, TX, 75090 is a Lots and Land for sale at $5,940,000 with a lot size of 216. 216 Acres JP Cave Road is a studio with 0.0 baths. The property's zip code is 75090 which is in Sherman, TX