4800 Fm 1417Sherman, TX 75092

For Sale
$2,150,000

Prime 40-acre tract, city water access, dual road frontage.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 40.339-acre property presents a unique investment opportunity in Sherman, Texas. Located at 4800 FM 1417, this land boasts dual road frontage, providing access from both FM 1417 on the east and Shadow Trail on the west. Currently utilized for agricultural purposes, this property sits within the Sherman city limits, offering significant development potential. City water is readily available across FM 1417. Future land use plans designate the FM 1417 frontage for multi-family development, while the remaining acreage is zoned for single-family residential use. The asking price is $2,150,000, translating to $53,298.30 per acre. This strategic location and flexible zoning make this a highly attractive prospect for developers seeking to capitalize on Sherman's growth. The substantial acreage and convenient access to city utilities offer a compelling combination for a variety of development projects. This is a rare opportunity to acquire a large parcel of land with significant upside potential in a thriving Texas market.

Highlights

  • $2,150,000 asking price.
  • 40.339-acre land parcel.
  • $53,298.30 per acre land value.
  • Located at 4800 FM 1417, Sherman, TX 75092.
  • Grayson County, Texas location.
  • Road frontage on FM 1417 and Shadow Trail.

Property Details for 4800 Fm 1417

Property type
Other land, Other farms
Lot Size (sq. ft)
1,757,167 SF

Location Insight

City
Sherman
County
Grayson
State
Texas
Latitude
33.6875209
Longitude
-96.652394
4800 Fm 1417, Sherman, Texas

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4800 Fm 1417
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