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$3,025,390

NAL Estimated Property Value

TBD Cedar Road, Sherman, TX, 75090

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover a rare opportunity to own 64.37 acres of premium land in Sherman, Texas. Perfectly situated near Highway 11 and the 1417 intersection, this expansive property is ideal for residential, commercial, or mixed-use development. Located in a rapidly growing region, it combines natural charm with urban convenience, making it a prime investment. Zoned for a range of uses, this property is a blank canvas for your vision, from residential communities to commercial ventures. The land features mature trees, gentle terrain, and Cedar Creek, offering a picturesque backdrop for any project. Just minutes from major highways, downtown Sherman, and essential amenities, the property provides unmatched accessibility and visibility. Sherman is booming with new businesses, infrastructure upgrades, and housing projects, making this property an excellent investment. With access to utilities and a versatile layout, the property is primed for immediate development. Design a tranquil neighborhood with tree-lined streets, spacious lots, and natural amenities like Cedar Creek. Establish retail centers, professional offices, or mixed-use spaces to serve the area’s growing population. Create vibrant communities with a blend of residential and commercial spaces. Sherman is a hub of opportunity, experiencing rapid growth in both population and infrastructure. With new developments on the rise, this property is ideally positioned to capitalize on the city’s upward momentum. Don’t miss this chance to secure prime real estate in one of Texas’s fastest-growing regions. Whether your vision is a serene residential enclave, a bustling commercial center, or an innovative mixed-use community, this property is ready to bring your ideas to life. **Schedule a tour today to explore the potential of this exceptional property!**

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,152 /month
Positive
Cash Flow Estimate:
$6,051 /month

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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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TBD Cedar Road | Property Details | No Agent List