TBD Canyon Grove Road
Sherman, TX 75092
$2,250,000 Pending
Land · 18.56 ac · $121K/ac
What it costs to own
Taxes shown reflect the current owner's exemptions and may change after purchase.
About this home
We are pleased to offer for sale an exceptional ±18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region.
The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam’s Club. The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses.
With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment — making this property a rare chance to secure a foothold in one of North Texas’ fastest-growing markets.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
Around this home
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Listing courtesy of MainStreet Venture Partners, L — Ryan Clevenger.
Where it is
Robert & StephenInk Realty GroupWant the full story on this home?
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21046661. Information last updated March 3, 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.
Ink Realty Group
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