Price cut
3D tour
$2,250,000
· 18.56 acre lot
E Canyon Grove Rd, Sherman, TX 75092
Land ·
$12,761/mo est. payment
3D tourFlood factor 1/10
About this home
We are pleased to offer for sale an exceptional +/-18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region. The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam's Club. The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses. With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment - making this property a rare chance to secure a foothold in one of North Texas' fastest-growing markets.
Facts and features
Land Info
- Lot Description: Acreage, Pasture, Few Trees, City Lot
- Lot Size Acres: 18.56
- Lot Size Square Feet: 808474
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- Elementary School: Percy W Neblett
- High School: Sherman
- Middle School: Sherman
Other Property Info
- Source Listing Status: Pending
- County: Grayson
- Current Use: Unimproved
- Directions: North on 75, exit US 82 W. Right on North Travis, right on Canyon Grove Rd.
- Restrictions: Easements
- Source Property Type: Land
- Source Neighborhood: John Jennings
- Parcel Number: 118649
Utilities
- Electricity available
- Sewer available
- Water available
- Water Source: Public
Schools
- 2
Percy W Neblett Elementary School
elementary · K-5 · 1.0 mi
- 5
Piner Middle School
middle · 6-8 · 2.6 mi
- 5
Sherman High School
high · 9-12 · 2.9 mi
Texoma Christian Middle School
elementary · 4-9 · 0.1 mi
- 3
Dillingham Elementary School
elementary · K-5 · 1.2 mi
Montessori Academy of North Texas
elementary · K-7 · 1.3 mi
Price history
- Aug 30, 2025 · Listed$2,250,000
- Feb 11, 2005 · Sold—
Tax history
- 2026$15,891 tax · $724,542 assessed
- 2025$15,891 tax · $724,542 assessed
- 2023$16,980 tax · $724,542 assessed
- 2022$8,752 tax · $373,475 assessed
- 2021$7,939 tax · $326,000 assessed
- 2020$8,171 tax · $326,000 assessed
- 2019$8,555 tax · $326,000 assessed
- 2018$8,787 tax · $326,000 assessed
Where it is
Listed by Ryan Clevenger · MainStreet Venture Partners, L · NTREIS
