Address
TBD 87 Acres Reynolds Lane, Sherman, TX
Price
$ 3,045,000
Property Attributes
  • MLS#20265646
  • TypeLand
  • CountyGRAYSON
  • CitySherman
  • NeighborhoodThomas J Hambright
  • Zip75092
  • StyleRanch
  • Price$ 3,045,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size87.256 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Excellent investment opportunity in rapidly growing Grayson County, TX! 87+ Acres on Reynolds Lane is located near major intersection of Hwy 289 and Hwy 82, North Texas Regional Airport and in the Sherman ETJ. 12-inch City of Sherman water line located along Hwy 82. Recent major announcements by Texas Instruments for $30B expansion for semiconductor wafer plant plus Taiwan-based GlobalWafers new state-of-the-art 300-millimeter silicon wafer factory in Sherman. Property includes several ponds, mature trees and wildlife. Approximately 935 feet of road frontage on Reynolds Lane. Property located in avigation easement: density restrictions apply. This property is within future thoroughfare plans for City of Sherman. Ag exempt and survey available.

Elementary School
S And S Elementary School
Price History
3/4/2023 Listed $3,045,000

General Features

Development Status Zoned
Utilities Asphalt,Electricity Available,Outside City Limits
Possession Closing/Funding
Easements Natural Gas,Pipeline,Other
current use Agricultural,Cattle,Horses,Hunting/Fishing,Pasture,Ranch,Recreational
Restrictions Development
School District S and S Cons ISD
Exclusions Mineral rights.
Documents Available Aerial Photo,Survey
Will Subdivide No
Property SubType Ranch
Subdivision Name Thomas J Hambright
Possible Use Agricultural,Cattle,Development,Grazing,Horses,Hunting/Fishing,Investment,Ranch,Recreational,Single Family,Unimproved,See Remarks
Zoning Description Agriculture
Occupant Type Owner
County Grayson
Property Type Land
HOA Type None
Special Notes Agent Related to Owner,Pipeline,Survey Available
Land Lease YN Yes
Status Active
Directions Heading north on Hwy 75,take exit 63 onto N Sam Rayburn Fwy- US-82. Take a left turn for US-82 West. In 3.4 miles turn right onto Reynolds Rd,in about a mile the property is on your left.
City Sherman
Buyer Agent Compensation 2
Elementary School Name S And S
High School S And S
Street Name 87 Acres Reynolds
Elementary School S And S
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20265646
Virtual Tour URL Branded youtu.be/fRVYO0_mURI
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Lock Box Type None
Street Suffix Lane

Exterior Features

Lot Features Acreage,Agricultural,Irregular Lot,Many Trees,Pasture,Tank/ Pond
Vegetation Brush,Grassed,Partially Wooded
Fencing Barbed Wire
Surface Rights Easement
Other Structures None
Lot Size Source Other
Lot Size 50 to =< 100 Acres
Frontage Feet 935
Lot Size Area 87.2560
Lot Size Units Acres
Road Frontage Type County Road
Lot Size Square Feet 3800871.3600
Lot Size Acres 87.2560
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 75092

Price
AVG $3.11M
$3.05M
Visits
AVG 87
271
Data Provided by Inside Real Estate®