For more information on this property, contact Kimberly Hudgins at

TBD 148 Acres US Hwy 82 & Lamberth
Sherman, Texas TX 75092
Price: $8,800,000
Listing ID 20265819
Status Active Under Contract
Acres 148.878
Subdivision G-0087 BURNS L G A-G0087

Property Description:

Incredible development opportunity: 148+ acres in prime location in one of the fastest growing areas in the US. 12-inch City of Sherman water line along US Hwy 82. This property, located near the major intersection of Hwy 289 and US Hwy 82, has close proximity to high-end developments and the North Texas Regional Airport. Approximately 2,122 ft frontage along US Hwy 82 and 2,405 ft frontage along Lamberth offers unparalleled development characteristics. 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. Sewer located nearby. No flood plain per FEMA flood maps. Lamberth Road is slated as 4 lane thoroughfare in the future. Concept site plan and survey available upon request.
Kimberly Hudgins

Primary Features

County: Grayson
Property Sub Type: Unimproved Land
Property Type: Lots and Land
Subdivision: G-0087 BURNS L G A-G0087
Zoning: Agriculture


Fencing: Barbed Wire
Frontage Feet: 2122
Horse Permitted: yes
Lot Features: Acreage, Agricultural, Corner Lot, Tank/ Pond
Lot Size: Over 100 Acres
Lot Size Area: 148.878
Lot Size Source: Other
Lot Size Square Feet: 6485125.68
Lot Size Units: Acres
Other Structures: None
Road Frontage Type: City Street, Highway
Road Surface Type: Asphalt, Concrete
Utilities: All Weather Road, Asphalt, City Water, Concrete


Association Type: None
Country: United States
Directions: Hwy 75 North to Exit 63. Take US 82 West 3.4 miles to Lamberth Rd intersection. Property located at southwest corner of US 82 and Lamberth Rd.
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, Ranch, Recreational, Unimproved
Development Status: City Limits, Zoned
Documents Available: Aerial Photo, Survey
Dual Variable Compensation: no
Municipal Utility District: no
Possible Use: Agricultural, Cattle, Development, Investment, Mixed Use, Multi-Family, Residential
Property Match: APN
Second Mortgage: no
Special Notes: Pipeline, Survey Available
Status: Active Option Contract
Subdivided: no
US Property MUI: 406125950
Will Subdivide: No


AG Exemption: yes
Current Price/Lot Size: 59108.80049
Easements: Natural Gas
Exclusions: Mineral rights
Land Lease: yes
Listing Terms: Cash, Conventional
Possession: Closing/Funding
Restrictions: Pipeline


Zoning Info

© 2023 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumers personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The offer is made only to Participants of the MLS where the listing is filed. Data last updated: Wednesday, June 7th, 2023 at 05:57:14 PM.

Contact - Listing ID 20265819

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Kimberly Hudgins

United States

Data services provided by IDX Broker