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TBD 50.574-Acres Center Street

Sherman, TX 75090

$4,500,000

Land · 50.57 ac · $89K/ac

Acres50.574 acres
Price per acre$88,979 / acre
ZoningC-1 Commercial and R-6 Res…
Road frontageCity Street
WaterCity Water
SewerCity Sewer
ElectricCo-op Electric
TypeUnimproved Land

What it costs to own

Taxes$33 per year
MUDNone listed
HOANone listed
Price per acre$88,979
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

This 50.574-acre tract offers a rare large-acreage opportunity inside the city of Sherman, with 548 feet of frontage on W. Center Street. The property carries split C-1 Retail Business and R-6 Single-Family Residential zoning, allowing for commercial development along the frontage with residential or mixed-use development behind it. A proposed 60-foot dedicated access easement from FM 1417 (Heritage Parkway) would provide an additional entry from Sherman’s premier growth corridor. City utilities are already on site, including an 8-inch water line and a 12-inch sewer line, and no portion of the site lies within the floodplain. The east boundary adjoins Herman Baker Park, giving the property direct access to the park and its walking trail system, which is a strong amenity for a residential or mixed-use plan. Silverton Drive and Southridge Lane both dead-end at the southern property line, allowing for easy tie in. Multifamily and single-family developments adjoin the tract. The site is located within 1.6 miles of Sherman High School, Texoma Christian School, Inspire Academy, Highway 75 (58,000 VPD), and Stone Creek Golf Course, and within 4 miles of Sherman Town Center, Highway 82 (31,000 VPD), and the Global Wafers facility. A current boundary survey is available.

The details

Lot featuresAcreage
FencingBarbed Wire
Water sourceCity Water
SewerCity Sewer
ElectricCo-op Electric

ZoningC-1 Commercial and R-6 Residential
RestrictionsNone
EasementsAccess, Electric
Documents availableAerial Photo, Survey, Topo Maps

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionG-0625 JONES ELIZABETH A-G0625, ACRES 49.8

ElementaryHenry W Sory
Middle schoolPiner
High schoolSherman
DistrictSherman ISD

MLS #21427752
Source
On the market1 day
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryWalmart Neighborhood Market · 2.6 mi
Nearest parkHerman Baker Park · 0.3 mi

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Listing courtesy of Bertholf Commercial Real Estate — Terrin Bertholf.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21427752. Information last updated November 4, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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