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$195,000

NAL Estimated Property Value

TBD Kennedy Road, Sherman, TX, 75092

SoldInfo
8/26/26
Baths0 Bath
Unimproved LandUnimproved Land

About this property

3.03 acres on cul-de-sac • No HOA • Outside city limits • Water meter installed • Near US-75 Unimproved 3.03-acre tract located in southwest Sherman. Property offers open space suitable for a custom home build with flexibility for shop, barn, outdoor living areas, or additional improvements. Water meter is in place; buyer to verify availability of electric service, septic requirements, and any applicable deed restrictions or building guidelines. Located outside Sherman city limits with no HOA. Positioned for convenient access to US-75, providing connectivity to Sherman, Denison, Lake Texoma and the Dallas–Fort Worth region. Approximate proximity to major employers including Texas Instruments, Global Wafers, and other expanding industrial and manufacturing operations in the Sherman area. Opportunity for new construction on acreage with spacing between neighboring properties and room for expansion, equipment storage, parking, or recreational use. Cul-de-sac placement may reduce through traffic compared to interior roadway lots. Combination of acreage setting with access to employment centers, retail, and regional highway corridors. Suitable for buyers searching land for custom home construction, acreage homesites, build-to-suit opportunities, or long-term land hold.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /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 Kennedy Road | Property Details | No Agent List