About This Home

This land at E Canyon Grove Road in Sherman, TX is listed for $2,250,000 (18.56 acres).

Key Features

  • 18.56 acre lot
Listing Description

We are pleased to offer for sale an exceptional +/-18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region.

The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam's Club.

The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses. With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development.

Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment - making this property a rare chance to secure a foothold in one of North Texas' fastest-growing markets.

Location

E Canyon Grove Road

Sherman, TX 75092

John Jennings

Questions & Answers

This 0-bedroom, 0-bathroom land at E Canyon Grove Road is listed at $2,250,000. The estimated monthly payment is $12,033 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 18.56 acre lot.

This property is listed by Ryan Clevenger.

RC

Ryan Clevenger

Agent at MainStreet Venture Partners, L

Listed by MainStreet Venture Partners, L · Broker phone: 903-821-9055 · View on Broker Site

MLS# 21046661· Source: North Texas Real Estate Information Systems, Inc.· 8 days on PropertySimple

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E Canyon Grove Road, Sherman, TX 75092

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