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$4,084,080

68.642 Acres of Development Land in Sherman, Texas -- City Water, City Sewer & Electricity Available Rare 68.642-acre development opportunity in Sherman, Texas, positioned in one of North Texas' rapidly growing markets. This expansive tract offers an exceptional combination of size, location, frontage, and utility availability, making it an attractive opportunity for land developers, residential developers, multifamily investors, builders, investors, and future development projects. The property features over 1,400 feet of frontage along Friendship Road and is located approximately one-third of a mile from Hwy 56 (Houston Street), providing convenient access to major transportation corridors including FM 1417, US Highway 75 and Highway 82. The property is situated within the Sherman city limits and is surrounded by existing residential development, creating an excellent setting for continued growth and potential future development. One of the property's strongest advantages for developers is the availability of city water, city sewer, and electricity, along with asphalt road access. Having major utilities available in the area can significantly enhance the property's development potential and provide a major advantage over large acreage tracts requiring private wells, septic systems, or extensive utility extensions. Potential uses including residential development, single-family development, multifamily development, subdivision, and general development. The property is currently vacant, offering a developer a blank canvas for future planning. Located in Sherman ISD, the property benefits from its proximity to established neighborhoods and the continued expansion of the Sherman area. Its combination of 68+ acres, substantial road frontage, city utilities, strategic location, and surrounding development makes this a property worth serious consideration for investors seeking North Texas development land.

21381245 MLS

68.642 Acres of Development Land in Sherman, Texas -- City Water, City Sewer & Electricity Available Rare 68.642-acre development opportunity in Sherman, Texas, positioned in one of North Texas' rapidly growing markets. This expansive tract offers an exceptional combination of size, location, frontage, and utility availability, making it an attractive opportunity for land developers, residential developers, multifamily investors, builders, investors, and future development projects. The property features over 1,400 feet of frontage along Friendship Road and is located approximately one-third of a mile from Hwy 56 (Houston Street), providing convenient access to major transportation corridors including FM 1417, US Highway 75 and Highway 82. The property is situated within the Sherman city limits and is surrounded by existing residential development, creating an excellent setting for continued growth and potential future development. One of the property's strongest advantages for developers is the availability of city water, city sewer, and electricity, along with asphalt road access. Having major utilities available in the area can significantly enhance the property's development potential and provide a major advantage over large acreage tracts requiring private wells, septic systems, or extensive utility extensions. Potential uses including residential development, single-family development, multifamily development, subdivision, and general development. The property is currently vacant, offering a developer a blank canvas for future planning. Located in Sherman ISD, the property benefits from its proximity to established neighborhoods and the continued expansion of the Sherman area. Its combination of 68+ acres, substantial road frontage, city utilities, strategic location, and surrounding development makes this a property worth serious consideration for investors seeking North Texas development land.

000 Friendship Rd, Sherman

$1,538,100

Exceptional 34.18-acre development opportunity in one of North Texas’s fastest-growing markets. Located on E. Leslie Lane in Sherman, Texas, this strategically positioned tract offers convenient access to the area’s expanding residential, commercial, and employment corridors—less than two miles from S. Dewey Avenue, State Highway 11 and approximately 3.5 miles east of U.S. Highway 75. Situated within the City of Sherman, the property is currently ad valorem tax-exempt and is not presently subject to zoning, offering buyers flexibility to evaluate a broad range of potential development concepts. Possible uses may include single-family residential, manufactured housing, self-storage, recreational uses, affordable housing, agricultural operations, or other compatible uses, subject to buyer due diligence and confirmation with the City of Sherman and Grayson County. Driven by significant regional investment, population growth, and ongoing development activity throughout Sherman and Grayson County, this acreage presents a compelling opportunity for investors, developers, and end users seeking scale, accessibility, and long-term potential in a rapidly evolving North Texas market.

21355569 MLS

Exceptional 34.18-acre development opportunity in one of North Texas’s fastest-growing markets. Located on E. Leslie Lane in Sherman, Texas, this strategically positioned tract offers convenient access to the area’s expanding residential, commercial, and employment corridors—less than two miles from S. Dewey Avenue, State Highway 11 and approximately 3.5 miles east of U.S. Highway 75. Situated within the City of Sherman, the property is currently ad valorem tax-exempt and is not presently subject to zoning, offering buyers flexibility to evaluate a broad range of potential development concepts. Possible uses may include single-family residential, manufactured housing, self-storage, recreational uses, affordable housing, agricultural operations, or other compatible uses, subject to buyer due diligence and confirmation with the City of Sherman and Grayson County. Driven by significant regional investment, population growth, and ongoing development activity throughout Sherman and Grayson County, this acreage presents a compelling opportunity for investors, developers, and end users seeking scale, accessibility, and long-term potential in a rapidly evolving North Texas market.

Jamestown Square - 4199-4 E Leslie Lane E, Sherman

$686,170

Positioned in the path of rapid development in Sherman and Grayson County, this 11.63-acre parcel on Friendship Road presents a great investment opportunity in one of North Texas’s fastest-growing markets. Located just minutes from US-75 and 1417, the $30B+ Texas Instruments and GlobiTech semiconductor expansions, and just 20 miles north of Celina, this tract is ideally suited for residential, commercial, or mixed-use development. With excellent road frontage and utilities nearby, the property offers low barriers to entry and high upside potential. The area's explosive population and infrastructure growth continue to drive strong demand for housing and services, making this a prime candidate for short- or long-term hold strategies. Also a great home site if you're looking to build on acreage.

21368098 MLS

Positioned in the path of rapid development in Sherman and Grayson County, this 11.63-acre parcel on Friendship Road presents a great investment opportunity in one of North Texas’s fastest-growing markets. Located just minutes from US-75 and 1417, the $30B+ Texas Instruments and GlobiTech semiconductor expansions, and just 20 miles north of Celina, this tract is ideally suited for residential, commercial, or mixed-use development. With excellent road frontage and utilities nearby, the property offers low barriers to entry and high upside potential. The area's explosive population and infrastructure growth continue to drive strong demand for housing and services, making this a prime candidate for short- or long-term hold strategies. Also a great home site if you're looking to build on acreage.

Tbd Friendship Rd, Sherman

$6,000,000

Opportunity awaits with approximately 75 MOL acres ideally located within the Sherman city limits at the intersection of Pleasant Home and Friendship Roads. This North Western corner property features a scenic pond and gently rolling terrain, currently utilized for hay production. The location offers proximity to Sherman High School, Texoma Christian School, and convenient access to Highway 56, FM 1417, S. Heritage Parkway, and is just minutes from the major intersection of US HWY 75 & Heritage Parkway, connecting you with essential amenities and roadways. Additionally, this property is only 20 minutes from Lake Texoma, providing easy access to one of the region’s premier recreational destinations. The property is situated near several of Sherman’s rapidly growing industries, including Texas Instruments, Coherent, Eaton, Emerson, GlobalWafers, GloibiTech and more. This dynamic industrial growth enhances the area’s appeal for future development and offers excellent opportunities for investment. Developers and investors can envision a range of uses on this versatile site, from single family homes and multi-family residences to mixed-use communities, subject to approval by the City of Sherman Planning and Zoning Department. All uses and plans should comply with local zoning and land use requirements. Don’t miss the chance to invest in a thriving area with outstanding access to schools, major employers, commuter routes, and abundant growth potential. For more information or to discuss development possibilities, please contact the listing agent. All buyers are responsible for confirming all details with the City of Sherman regarding permitted uses and development processes.

21213230 MLS

Opportunity awaits with approximately 75 MOL acres ideally located within the Sherman city limits at the intersection of Pleasant Home and Friendship Roads. This North Western corner property features a scenic pond and gently rolling terrain, currently utilized for hay production. The location offers proximity to Sherman High School, Texoma Christian School, and convenient access to Highway 56, FM 1417, S. Heritage Parkway, and is just minutes from the major intersection of US HWY 75 & Heritage Parkway, connecting you with essential amenities and roadways. Additionally, this property is only 20 minutes from Lake Texoma, providing easy access to one of the region’s premier recreational destinations. The property is situated near several of Sherman’s rapidly growing industries, including Texas Instruments, Coherent, Eaton, Emerson, GlobalWafers, GloibiTech and more. This dynamic industrial growth enhances the area’s appeal for future development and offers excellent opportunities for investment. Developers and investors can envision a range of uses on this versatile site, from single family homes and multi-family residences to mixed-use communities, subject to approval by the City of Sherman Planning and Zoning Department. All uses and plans should comply with local zoning and land use requirements. Don’t miss the chance to invest in a thriving area with outstanding access to schools, major employers, commuter routes, and abundant growth potential. For more information or to discuss development possibilities, please contact the listing agent. All buyers are responsible for confirming all details with the City of Sherman regarding permitted uses and development processes.

Tbd 75+/- Ac Pleasant Home & Friendship Road, Sherman

$275,000

Great piece of property right across from Walmart on Heritage Parkway and Lamberth. Zoned commercial. Great location for many uses. Buyer and buyers agent to verify all information and requirements of use from the City of Sherman.

20873776 MLS

Great piece of property right across from Walmart on Heritage Parkway and Lamberth. Zoned commercial. Great location for many uses. Buyer and buyers agent to verify all information and requirements of use from the City of Sherman.

Tbd W Lamberth Rd, Sherman