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TBD 50.574-Acres W Center Street Sherman, TX $ 4,500,000
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TBD 50.574-Acres W Center Street
$ 4,500,000
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TBD 50.574-Acres W Center Street

Sherman, TX, 75090
$ 4,500,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 31,080

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Lots and Land for sale in Sherman, TX

for $4,500,000. The lot size is 50.574.

This 50.574-acre tract offers a rare large-acreage opportunity inside the city of Sherman, with 548 feet of frontage on W. Center Street. The property carries split C-1 Retail Business and R-6 Single-Family Residential zoning, allowing for commercial development along the frontage with residential or mixed-use development behind it. A proposed 60-foot dedicated access easement from FM 1417 (Heritage Parkway) would provide an additional entry from Sherman’s premier growth corridor. City utilities are already on site, including an 8-inch water line and a 12-inch sewer line, and no portion of the site lies within the floodplain. The east boundary adjoins Herman Baker Park, giving the property direct access to the park and its walking trail system, which is a strong amenity for a residential or mixed-use plan. Silverton Drive and Southridge Lane both dead-end at the southern property line, allowing for easy tie in. Multifamily and single-family developments adjoin the tract. The site is located within 1.6 miles of Sherman High School, Texoma Christian School, Inspire Academy, Highway 75 (58,000 VPD), and Stone Creek Golf Course, and within 4 miles of Sherman Town Center, Highway 82 (31,000 VPD), and the Global Wafers facility. A current boundary survey is available.

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Lots and Land Active

Price

$ 4,500,000

Property Type

Lots and Land

Taxes

$ 33

Style

Unimproved Land

Lot Size

50.574

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21427752
Features
General
Development Status City Limits Zoned
Utilities City Sewer City Water Co-op Electric
Possession Closing/Funding
current use Agricultural
Restrictions None
School District Sherman ISD
AG Exemption Y
Property Subtype Unimproved Land
Subdivision Name G-0625 JONES ELIZABETH A-G0625 ACRES 49.8
County Grayson
Property Type Land
HOA Type None
Status Active
Directions From US 75 northbound take exit 57 and turn left onto FM 1417. Continue straight for 4 miles then turn right on Center Street. The property will be on your right.
City Sherman
Elementary School Name Henry W Sory
High School Sherman
Elementary School Henry W Sory
Standard Status Active
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Exterior
Waterfront 0
Lot Features Acreage
Vegetation Partially Wooded Wooded
Fencing Barbed Wire
Other Structures None
Lot Size Source Plans
Lot Size 50 to =< 100 Acres
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* Excluded Features
List By
Terrin Bertholf

Listing Agent

Bertholf Commercial Real Estate

Broker

Affordability Calculator

$31,083
Per Month
100%
0%
0%
Monthly Principal & Interest
$31,080
Monthly Property Taxes
$3
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
286495 Elementary School
3672418 Middle School
See complete school information
Pricing History
Date Price Price Change Description
11/3/2026 $4,500,000 Listed Price

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TBD 50.574-Acres W Center Street, Sherman, TX, 75090 is a Lots and Land for sale at $4,500,000 with a lot size of 50.574. TBD 50.574-Acres W Center Street has 0.0 baths. The property's zip code is 75090 which is in Sherman, TX

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