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4381 N Loy Lake Road Sherman, TX $ 10,031,868
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4381 N Loy Lake Road
$ 10,031,868
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4381 N Loy Lake Road

Sherman, TX, 75092
$ 10,031,868
Bedrooms-- Baths--

Monthly Estimate*

$ 63,342

4381 N Loy Lake Road, Sherman, TX 75092 - Image 1
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4381 N Loy Lake Road, Sherman, TX 75092 - Image 7
4381 N Loy Lake Road, Sherman, TX 75092 - Image 8
4381 N Loy Lake Road, Sherman, TX 75092 - Image 9
4381 N Loy Lake Road, Sherman, TX 75092 - Image 10
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4381 N Loy Lake Road, Sherman, TX 75092 - Image 12
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Commercial Property for sale in Sherman, TX

for $10,031,868. This building was built in 1976 on a lot size of 23.03.

Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas  Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress.  Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border. Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd. Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages. Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline. Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.

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Commercial Active

Price

$ 10,031,868

Property Type

Commercial

Taxes

$ 7,711

Style

Unimproved Land

Lot Size

23.03

Year Built

1976

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21368995
Features
Exterior
Waterfront 0
Lot Features Acreage Many Trees
Lot Size Source Assessor
Lot Size 10 to < 50 Acres
Building Area Total 3112.00
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General
Utilities City Sewer City Water Electricity Connected Overhead Utilities Septic
Possession Negotiable
Year Built 1976
Business Type Other
Property Subtype Unimproved Land
Subdivision Name G-1553
County Grayson
Property Type Commercial Sale
Year Built Details Preowned
Special Notes Aerial Photo Survey Available
Status Active
Directions North on Hwy 75. Take Loy Lake exit and turn left onto Loy Lake. Cross over Hwy 75. Property is on the right.
City Sherman
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional Owner Will Carry Other
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Interior
Total Stories 1
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Internal Only
Street Number 1 4381
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* Excluded Features
List By
ROBIN PHILLIPS

Listing Agent

Paragon, Realtors

Broker

Affordability Calculator

$63,985
Per Month
99%
1%
0%
Monthly Principal & Interest
$63,342
Monthly Property Taxes
$643
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
288163 Elementary School
288375 Middle School
Unknown High School High School
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Pricing History
Date Price Price Change Description
9/1/2026 $10,000,000 Listed Price

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4381 N Loy Lake Road, Sherman, TX, 75092 is a Commercial Property for sale at $10,031,868 with a lot size of 23.03. 4381 N Loy Lake Road was built in 1976. The property's zip code is 75092 which is in Sherman, TX

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