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661 FM 902

Sherman, TX 75090

$2,256,000

Land · 47.07 ac · $48K/ac

Acres47.074 acres
Price per acre$47,925 / acre
ZoningCurrently Agricultural
Road frontageFM Road
ElectricNone per listing
TypeUnimproved Land

What it costs to own

Taxes$2,959 per year
MUDNone listed
HOANone listed
Price per acre$47,925
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

Position your next venture in the direct path of North Texas’s rapid expansion. This spectacular 47-acre tract of premium raw land offers an unmatched combination of immediate financial advantages and massive long term development flexibility. Featuring expansive, high visibility road frontage along heavily traveled FM 902, the property serves as a blank canvas ready to be tailored to your vision. The land currently benefits from a valuable, active agricultural exemption, keeping your annual holding costs remarkably low while you finalize engineering, secure permits, or hold for future appreciation. While presently utilized for agriculture, its strategic location, level topography, and excellent accessibility make it an ideal candidate to be easily rezoned for commercial use. Whether your goal is to develop a retail center, establish a light industrial facility, construct a high demand storage complex, or capitalize on a mixed-use master plan, this acreage can accommodate it all.

For residential buyers and developers, this massive acreage also presents a rare chance to subdivide into premier ranchette lots or build a sprawling, private luxury estate within the highly regarded Tom Bean ISD. Free from restrictive city constraints and positioned perfectly within Grayson County, this raw land offers the space, freedom, and utility to execute a wide variety of profitable projects. Opportunities of this scale with such clear commercial versatility are becoming increasingly rare in this fast growing market. Don't wait to capitalize on the growth moving up the corridor—schedule your property tour today and claim your piece of Texas future!

The details

Lot featuresAcreage
ElectricNone per listing

ZoningCurrently Agricultural
RestrictionsOther
EasementsNone listed

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

SubdivisionG-0773 MORGAN GEORGE A-G0773

ElementaryTom Bean
Middle schoolTom Bean
High schoolTom Bean
DistrictTom Bean ISD

MLS #21403358
Source
On the market3 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryBells Market · 8.1 mi
Nearest parkChildren's Memorial Park · 6.1 mi

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Listing courtesy of The Agency Frisco — Mark Stevens.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21403358. Information last updated October 8, 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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