Homes for sale - TBD FM 697, Sherman, TX 75090

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$18,900,000

Est. payment - /mo

606.5 Acres Lot

Active Option Contract

TBD FM 697 Sherman, TX 75090

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Suzanne Reed

suzannereed@epique.me +1(469) 585-7575

UPDATED:

10/30/2024 09:59 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active Option Contract

Purchase Type For Sale

Subdivision G-0425 Fox James A

MLS Listing ID 20700615

HOA Y/N None

Lot Size 606.500 Acres

Acres 606.5

Property Description

Rare opportunity to own 606.5 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. This site has approximately 11,000ft of road frontage and borders three road: FM 697 on two sides, JP Cave Rd and Independence Springs. There is gentle topography on the majority of the property and some flood plain located on the very south side of the property along the southern border. This land is located in Sherman ISD and is partially in Sherman's ETJ and partially in the County. There are minimal easements on the property, and it is agriculturally assessed. The land is partially in Pink Hill water CCN and partially in Sherman's water CCN and fully in Sherman's sewer CCN. Water and sewer are roughly 2 miles to the west.

Location

State TX

County Grayson

Zoning Located partially in Sherman ETJ and partially in County

Direction The nearest address you can search in GPS to find this location is 2773 FM 697 SHERMAN, TX. Driving north on Hwy 11, turn east onto FM 697 and drive for about two miles and the property will be on the north and south side of the road. See attachments for the flyer which will show you the site.

Exterior

Utilities Available All Weather Road, Asphalt, Outside City Limits

Street Surface Asphalt

Lot Frontage 10000.0

Garage No

Building

Lot Description Acreage, Agricultural, Cleared, Level, Pasture

Schools

Elementary Schools Dillingham

Middle Schools Sherman

High Schools Sherman

School District Sherman Isd

Others

Restrictions None

Ownership Gerald Russell

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Aerial Photo

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Terrin Bertholf • Bertholf Commercial Real Estate

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Suzanne Reed

Licensed REALTOR | License ID: 758354

+1(469) 585-7575

TBD FM 697 Sherman, TX 75090

Suzanne Reed

Key Details

Location

Exterior

Building

Schools

Others

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TBD FM 697