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$686,170

TBD Friendship Road, Sherman, TX, 75092

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About this property

Positioned in the path of rapid development in Sherman and Grayson County, this 11.63-acre parcel on Friendship Road presents a compelling investment opportunity in one of North Texas’s fastest-growing markets. Located just minutes from US-75 and 1417, the $30B+ Texas Instruments and GlobiTech semiconductor expansions, this tract is ideally suited for residential, commercial, or mixed-use development. With excellent road frontage and utilities nearby, the property offers low barriers to entry and high upside potential. The area's explosive population and infrastructure growth continue to drive strong demand for housing and services, making this a prime candidate for short- or long-term hold strategies. Also a great home site if you're looking to build on acreage.

Investor Tools

$0Estimated Mortgage Balance
$686,170Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,117 /month
Positive
Cash Flow Estimate:
$1,372 /month

Interested in this property?

Lisa Rogers

Ashton Wall Real Estate

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Financing Details

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

City: Sherman