For more information on this property, contact Kimberly Hudgins at

TBD 94 Acres US Hwy 82
Sherman, Texas TX 75092
Price: $5,170,000
Listing ID 20265736
Status Active Under Contract
Acres 94.820
Subdivision See Exhibit A

Property Description:

Incredible investment opportunity: 94+ acres in prime location in one of the fastest growing areas in the US. 12-inch City of Sherman water line along south side of US Hwy 82. This property, located at the major intersection of Hwy 289 and US Hwy 82 and near North Texas Regional Airport, perfect for potential development or investment. Approximately 1,314 ft accessible frontage along US Hwy 82 and 2,203 ft frontage along Naylor Lane offers unparalleled development characteristics. Two parcels are in Sherman city limits. One parcel is in ETJ. All mineral rights reserved by seller. Zone A FEMA floodplain present. Sherman's robust industrial base includes Texas Instruments, with a $30B expansion of their semiconductor wafer plant underway, Taiwan-based GlobalWafers has announced a new state-of-the-art 300-millimeter silicon wafer factory. Property includes several ponds, mature trees and ag exemption.
Kimberly Hudgins

Primary Features

County: Grayson
Property Sub Type: Ranch
Property Type: Lots and Land
Subdivision: See Exhibit A
Zoning: Agriculture


Fencing: Barbed Wire
Frontage Feet: 1314
Horse Permitted: yes
Lot Features: Acreage, Agricultural, Pasture
Lot Size: 50 to =< 100 Acres
Lot Size Area: 94.82
Lot Size Source: Other
Lot Size Square Feet: 4130359.2
Lot Size Units: Acres
Road Frontage Type: Highway
Road Surface Type: Concrete
Utilities: No City Services


Association Type: None
Country: United States
Directions: Heading north on Hwy 75, take exit 63 onto N Sam Rayburn Fwy. In 0.3 miles turn left only E Buck Owens Fwy. Take a slight left turn for US-82 West. In 5.2 miles, the property will be on your right.
Elementary School: S And S
Elementary School Name: S And S
High School Name: S And S
Middle School Name: S And S
School District: S and S Cons ISD


Current Use: Agricultural, Cattle, Grazing, Hunting/Fishing, Investment, Pasture, Recreational
Development Status: City Limits
Documents Available: Aerial Photo, Survey
Dual Variable Compensation: no
Municipal Utility District: no
Possible Use: Agricultural, Cattle, Commercial, Development, Grazing, Hunting/Fishing, Investment, Mixed Use, Multi-Family, Pasture, Ranch, Recreational, Residential
Property Match: APN
Second Mortgage: no
Status: Active Option Contract
Subdivided: no
US Property MUI: 406133817
Will Subdivide: No


AG Exemption: yes
Current Price/Lot Size: 54524.36195
Easements: Drainage
Exclusions: Mineral rights
Land Lease: yes
Listing Terms: Cash, Conventional
Possession: Closing/Funding
Restrictions: No Known Restriction(s)


Zoning Info

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Contact - Listing ID 20265736

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Kimberly Hudgins

United States

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