Price Reduction
Address
TX-56 Mitchell Road, Sherman, TX
Price
$ 2,990,000
Property Attributes
- MLS#20537743
- TypeLand
- CountyGRAYSON
- CitySherman
- NeighborhoodG-7619 - Trails End Subdivision
- Zip75090
- StyleUnimproved Land
- Price$ 2,990,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size68 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
* REDUCED PRICE!! Seller is looking for a quick exit. Reduced the price to $2.99M from $3.99M An excellent opportunity to develop 68 acres of land in Sherman's ETJ for single-family residential. The property is easily accessible from HWY-56 and is close to Texas Instruments. The seller has submitted zoning and platting to Grayson County; approval is expected within 90 days. The number of large tracts of land for sale is limited, and yet they are only a few minutes from shopping, dining, and medical facilities. TI is investing $30 bn in a fab facility, while GlobiTech is investing $5 bn. Finisar, an Apple supplier, is bringing more jobs to Sherman and making it one of the fastest growing cities in TX. It is located near the DFW metroplex & takes less than an hour. There is pink hill water supply & electricity available. Oncor Electric Lines, Gas Pipelines and Water Line available. It conveys with 3 parcels-122302, 230795, 390137.
| Elementary School |
|---|
| Jefferson Elementary School |
| Price History | |
|---|---|
| 2/16/2024 | Listed $3,990,000 |
| 4/28/2024 | 26% - $2,990,000 |
General Features
| Development Status | Zoned,Other |
|---|---|
| Utilities | Co-op Water,Electricity Available,Outside City Limits,Septic |
| Possession | Closing/Funding |
| Easements | None |
| Restrictions | No Restrictions,Other |
| School District | Sherman ISD |
| Exclusions | Minerals |
| Will Subdivide | No |
| Property SubType | Unimproved Land |
| Subdivision Name | G-7619 - TRAILS END SUBDIVISION |
| Zoning Description | Residential zoning |
| County | Grayson |
| Property Type | Land |
| HOA Type | None |
| Status | Active |
| Directions | Follow GPS |
| City | Sherman |
| Buyer Agent Compensation | 1.5 |
| Elementary School Name | Jefferson |
| High School | Sherman |
| Street Name | Mitchell |
| Elementary School | Jefferson |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20537743 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|---|
| Street Suffix | Road |
Exterior Features
| Lot Features | Acreage |
|---|---|
| Lot Size | 50 to =< 100 Acres |
| Lot Size Area | 68.0000 |
| Lot Size Units | Acres |
| Lot Size Square Feet | 2962080.0000 |
| Lot Size Acres | 68.0000 |
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 75090
Price
Visits
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