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000 N Masters Street

Sherman, Texas 75090
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Acres2.82

Acres(Lot)

Positioned directly beside AmeriState Bank, this spacious commercial lot offers exceptional visibility and endless development potential in one of Sherman’s rapidly expanding corridors. Ideal for a retail center, professional office building, medical office, or mixed commercial development, this property provides a prime opportunity to bring your vision to life in a high-growth area with strong surrounding businesses and traffic exposure. Architectural designs are subject to seller approval to help maintain the quality and integrity of the development. Please note that financial institutions and residential housing are not permitted; however, office buildings and strip centers are welcome. Rare opportunities like this are becoming increasingly limited in Sherman’s booming market. Schedu le your showing today and explore the possibilities.

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Detail Ic Property Details

Property Type : Land

Price : $1,227,500

AD Id : 79435638

MLS Id : 560123515

Lot Size : 2.82 Acres(Lot)

County : Grayson

Subdivision: Ameristate Central Plaza Rep

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Feature Features

  • Utilities

    City Sewer,City Water

  • Lot Information

    Lot Size (Acr): 2.8170 Lot Size Units: Acres Lot Size Square Feet: 122,709 Lot Size Source: Appraiser Lot Features: Acreage
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: Ameristate Central Plaza Rep City: Sherman State: Texas Directions: Use GPS Property Status: Active

  • Listing Price Information

    Original List Price: $1,227,500
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 265719 Tax Block: 1 Tax Legal Description: AMERISTATE CENTRAL PLAZA REPLT LT 1 & 2 BLK 1 Tax Lot: 1 Unexempt Taxes: $9,144

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Perrin Middle School: Piner High School: Sherman School District: Sherman ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD First Street, Sherman, TX, 75090 $200,000 -- -- -- 3.17 Acres(Lot)
950 Old Ida Road, Sherman, TX, 75090 $1,986,500 -- -- -- 68.50 Acres(Lot)
66 Smith Oak Road, Sherman, TX, 75090 $599,000 -- -- -- 29.75 Acres(Lot)
322 Grigg Road, Sherman, TX, 75090 $499,000 -- -- -- 23.04 Acres(Lot)
1578 Campground Road, Sherman, TX, 75090 $2,100,000 -- -- -- 44.17 Acres(Lot)
738 Campground Road, Sherman, TX, 75090 $2,348,000 -- -- -- 49.50 Acres(Lot)
TBD Independence Springs, Sherman, TX, 75090 $1,492,000 -- -- -- 121 Acres(Lot)
TBD Fm 697, Sherman, TX, 75090 $495,000 -- -- -- 11 Acres(Lot)
TBD Key Rd, Sherman, TX, 75090 $299,900 -- -- -- 12.15 Acres(Lot)
TRACT 2 Key Road, Sherman, TX, 75090 $395,000 -- -- -- 16.06 Acres(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 06/18/2026 @ 02:55

MLS: 560123515 LISTED BY: Stacey Davidson, Keller Williams Realty DPR 214-263-5419 SOURCE: NTREIS - North Texas Real Estate Information

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