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62AC Heritage (FM 1417) Parkway Sherman, TX $ 35,500,000
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62AC Heritage (FM 1417) Parkway
$ 35,500,000
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62AC Heritage (FM 1417) Parkway

Sherman, TX, 75092
$ 35,500,000
Baths0.0

Monthly Estimate*

$ 224,151

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Studio

Lots and Land for sale in Sherman, TX

for $35,500,000. The lot size is 62.8108.

62.8108-acre development opportunity strategically located at the northeast corner of Heritage Parkway (FM 1417) and Washington Street in Sherman, Texas. The property is situated immediately south of an established retail strip center and directly adjacent to the growing Washington Meadows residential community, creating an excellent setting for future residential, commercial, or mixed-use development. The tract offers prominent frontage along Heritage Parkway (FM 1417), one of Sherman’s important north-south growth corridors, with convenient access to major transportation routes and the surrounding retail, residential, and employment areas. The property is currently zoned residential. Commercial development would be subject to obtaining the appropriate zoning change and all required approvals from the City of Sherman. Buyers and developers should independently verify zoning, permitted uses, utilities, access, development standards, and availability with the City of Sherman and applicable governmental authorities. The property's size, corner location, visibility, and proximity to existing and expanding residential development make it an attractive opportunity for developers, investors, and users seeking a sizable tract in a rapidly developing area of Sherman.

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Lots and Land Active

Price

$ 35,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 65

Style

Unimproved Land

Lot Size

62.8108

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21357502
Features
General
Development Status City Limits
Utilities City Water Electricity Available
Possession Closing/Funding
current use Pasture Residential
Restrictions None
School District Sherman ISD
AG Exemption Y
Property Subtype Unimproved Land
Subdivision Name MCANAIR
County Grayson
Property Type Land
HOA Type None
Status Active
Directions The land is at the northeast corner of Heritage Parkway and Washington.
City Sherman
Elementary School Name Parker
High School Sherman
Elementary School Parker
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Waterfront 0
Lot Features Acreage Corner Lot Few Trees
Fencing Barbed Wire Pipe
Lot Size Source Assessor
Lot Size 50 to =< 100 Acres
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Internal Only
Street Number 1 62
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* Excluded Features
List By
SHERRY SMITH

Listing Agent

Ebby Halliday Realtors

Broker

Affordability Calculator

$224,156
Per Month
100%
0%
0%
Monthly Principal & Interest
$224,151
Monthly Property Taxes
$5
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
5289738 Elementary School
3672418 Middle School
See complete school information
Pricing History
Date Price Price Change Description
8/12/2026 $35,500,000 Listed Price

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62AC Heritage (FM 1417) Parkway, Sherman, TX, 75092 is a Lots and Land for sale at $35,500,000 with a lot size of 62.8108. 62AC Heritage (FM 1417) Parkway is a studio with 0.0 baths. The property's zip code is 75092 which is in Sherman, TX

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