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4800 Fm-1417

Sherman, TX 75092

$1,950,000

Land · 40.34 ac · $48K/ac

Acres40.34 acres
Price per acre$48,339 / acre
ZoningProperty is within the Cit…
Road frontageCounty Road, FM Road
WaterCity Water
ElectricElectricity Available
TypeUnimproved Land

What it costs to own

Taxes$816 per year
MUDNone listed
HOANone listed
Price per acre$48,339
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

40 acres with road frontage on FM 1417 on the East side and frontage on Shadow Trail on the West side. Great develop property with city water across FM 1417. Property is within the City Limits of Sherman but currently is being used as AG. Future land use maps show MF for property fronting FM 1417 and Single Family for the rest.

The details

Lot featuresAcreage, Agricultural, Tank/ Pond
FencingBarbed Wire
Water sourceCity Water
ElectricElectricity Available

ZoningProperty is within the City of Sherman but has not been zoned. Currently in AG. Future land use shows Single Family and MF.
RestrictionsAgricultural
EasementsPipeline
Documents availableSurvey, Topo Maps

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

SubdivisionNorthwest Add

ElementaryPercy W Neblett
Middle schoolSherman
High schoolSherman
DistrictSherman ISD

MLS #20824059
Source
Price changeReduced by $150,000 · Feb 10, 2026
On the market533 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryWalmart Neighborhood Market · 2.2 mi
Nearest parkPecan Grove East Park · 1.4 mi

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Listing courtesy of Collin County Realty, Inc. — Charlotte Tittle.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20824059. Information last updated July 9, 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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