About this home

Exceptional opportunity to own approximately 48 AG-exempt acres with outstanding development, investment, or recreational potential along U.S. Highway 82 in Sherman, Texas. This unrestricted property offers roughly 3,560 feet of highway frontage and is ideally situated near the Sadler exit, approximately 12 miles west of Interstate 75 and downtown Sherman. Located outside city limits and free of deed restrictions, the tract sits just 5 miles west of the proposed Grayson County Tollway and North Dallas Tollway extension, positioning it for strong future growth and enhanced accessibility. Whether you're looking to develop, hold as a long-term investment, establish a private ranch, or build a family retreat, this versatile property provides endless possibilities. With an average daily traffic count in the mid-20,000s, the location offers excellent visibility and exposure. The land features a desirable combination of open pastureland and mature hardwood trees, complemented by a large stock tank and a metal barn with exterior stalls. Wildlife is abundant, including deer and hogs, making the property well-suited for hunting and outdoor recreation. Conveniently located within the Sherman technology corridor and just a short drive to Whitesboro and Lake Texoma, this tract offers the ideal blend of accessibility, natural beauty, and future potential. Utility access is readily available, with a 6-inch water line serving the neighboring property. A new survey is available. All information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence. Boundary lines shown are approximate.

Facts and features

Schools

• S And S Consolidated High School

  high · 9-12 · 1.0 mi

  4

• S And S Consolidated Middle School

  elementary · 5-8 · 1.0 mi

  5

• S And S Consolidated Elementary School

  elementary · K-4 · 4.8 mi

  8

Price history

• Aug 2, 2026 · Price Changed$1,200,000
• Jun 22, 2026 · Price Changed$1,300,000
• Jun 1, 2026 · Listed$1,500,000

Tax history

• 2026$9 tax · $649 assessed
• 2025$6 tax · $440 assessed
• 2023$7 tax · $432 assessed
• 2022$8 tax · $490 assessed
• 2021$9 tax · $546 assessed
• 2020$12 tax · $682 assessed
• 2019$14 tax · $738 assessed
• 2018$15 tax · $745 assessed

Where it is