2773 Fm 697Sherman, TX 75090

For Sale
$18,900,000

Prime 606-acre tract near Sherman, TX. Agricultural, hunting, residential potential.

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional opportunity to acquire a sprawling 606.51-acre property in Sherman, Texas. This expansive land parcel boasts approximately 11,000 feet of road frontage along three roads: FM 697 (on two sides), JP Cave Road, and Independence Springs Road. Its strategic location provides convenient access to major transportation arteries, situated within five miles of US Highway 75, Highway 82, and downtown Sherman. The terrain features gentle topography across most of the property, with a small floodplain area along the southern boundary. This land is ideally suited for a variety of uses, including agricultural pursuits, recreational activities such as hunting, and potential residential development. The property is agriculturally assessed, resulting in lower taxes. It's partially located within Sherman's extraterritorial jurisdiction (ETJ) and partially in Grayson County, falling within the Sherman Independent School District. Water and sewer services are approximately two miles west. Minimal easements exist. The property is partially served by Pink Hill Water CCN and partially by Sherman's water CCN, while fully served by Sherman's sewer CCN. This rare offering presents a unique investment opportunity with significant potential.

Highlights

  • 606.51-acre tract in Sherman, TX.
  • ~11,000 feet of road frontage on FM 697, JP Cave Road, and Independence Springs Road.
  • Five miles from US Hwy 75, Hwy 82, and downtown Sherman.
  • Agriculturally assessed for low taxes.

Property Details for 2773 Fm 697

Property type
Other land, Other farms
Lot Size (sq. ft)
26,419,576 SF

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.6127537
Longitude
-96.5349178
2773 Fm 697, Sherman, Texas

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2773 Fm 697
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