Development Land
Active

000 Friendship Road

Sherman, Texas 75092
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Acres68.64

Acres(Lot)

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 ci ty 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.

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Detail Ic Property Details

Property Type : Land

Price : $4,084,080

AD Id : 91259466

MLS Id : 573469495

Lot Size : 68.64 Acres(Lot)

County : Grayson

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Feature Features

  • Utilities

    City Sewer,City Water,Electricity Available

  • Lot Information

    Lot Size (Acr): 68.6420 Lot Size Units: Acres Lot Size Square Feet: 2,990,046 Lot Features: Acreage,Few Trees
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: none City: Sherman State: Texas Directions: ** USE 100 Friendship Road, Sherman, TX as a gps reference point.*** Property Status: Active

  • Listing Price Information

    Original List Price: $4,084,080
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 122465 Tax Legal Description: G-1115 STAMPS JASON A-G1115, ACRES 30.0 Unexempt Taxes: $23,438

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Henry W Sory Middle School: Piner High School: Sherman School District: Sherman ISD
  • Utility Information

    Utilities: City Sewer,City Water,Electricity Available
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Nearby Home Value

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417 Berkshire Lane, Sherman, TX, 75092 $79,999 -- -- -- 0.17 Acre(Lot)
1215 S Holly Avenue, Sherman, TX, 75092 $59,999 -- -- -- 0.32 Acre(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 09/21/2026 @ 04:38

MLS: 573469495 LISTED BY: Corey Jones, Keller Williams Prosper Celina 6.7-89.-3331 SOURCE: NTREIS - North Texas Real Estate Information

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