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$1,200,000

$1,300,000

000 US Hwy 82, Sherman, TX, 75092

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Baths0 Bath
Unimproved LandUnimproved Land

About this property

Exceptional opportunity to own approximately 48 AG-exempt acres with outstanding development, investment, or recreational potential along U.S. Highway 82 in Sherman, Texas. This unrestricted property offers roughly 3,560 feet of highway frontage and is ideally situated near the Sadler exit, approximately 12 miles west of Interstate 75 and downtown Sherman. Located outside city limits and free of deed restrictions, the tract sits just 5 miles west of the proposed Grayson County Tollway and North Dallas Tollway extension, positioning it for strong future growth and enhanced accessibility. Whether you're looking to develop, hold as a long-term investment, establish a private ranch, or build a family retreat, this versatile property provides endless possibilities. With an average daily traffic count in the mid-20,000s, the location offers excellent visibility and exposure. The land features a desirable combination of open pastureland and mature hardwood trees, complemented by a large stock tank and a metal barn with exterior stalls. Wildlife is abundant, including deer and hogs, making the property well-suited for hunting and outdoor recreation. Conveniently located within the Sherman technology corridor and just a short drive to Whitesboro and Lake Texoma, this tract offers the ideal blend of accessibility, natural beauty, and future potential. Utility access is readily available, with a 6-inch water line serving the neighboring property. A new survey is available. All information is deemed reliable but not guaranteed. Buyers are encouraged to conduct their own due diligence. Boundary lines shown are approximate.

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

Interested in this property?

Andrea Pratt

Keller Williams NO. Collin Cty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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000 US Hwy 82 | Property Details | No Agent List