Sherman Land for Sale

Welcome to Sherman, Texas – a vibrant city nestled in the heart of Grayson County, where southern charm meets modern convenience. With a rich history dating back to its founding in 1846, Sherman serves as a cultural and economic hub for the region, boasting a unique blend of small-town warmth and big-city amenities.

As you explore Sherman, you’ll discover a community that prides itself on its friendly atmosphere and strong sense of belonging. The city is home to a variety of parks, recreational facilities, and cultural attractions, including the Sherman Arts District, where local galleries and theaters showcase the talents of regional artists. Families will appreciate the excellent education options, with a range of public and private schools that cater to students of all ages.

For those looking to invest in land, Sherman offers an array of opportunities. With its strategic location just 60 miles north of Dallas, this thriving city is perfect for both residential and commercial development. Whether you're dreaming of building your forever home on a sprawling piece of land or seeking a prime location for your next business venture, Sherman has the perfect plot waiting for you.

The surrounding area is characterized by beautiful landscapes and a welcoming community, making it an ideal spot for outdoor enthusiasts and those seeking a tranquil lifestyle. With a growing economy and a commitment to preserving its rich heritage, Sherman, Texas, is not just a place to live – it’s a place to thrive. Explore the land for sale in Sherman today and take the first step toward your new adventure in this charming Texas city!

Newest Sherman Land for Sale

$199,000

21397915 MLS

PRIME COMMERCIAL LAND! 1.5 ACRES WITH FRONTAGE ON TEXOMA PARKWAY! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and GlobalWafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. Strategic Location – 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. Business-Friendly Climate – No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business. The area offers a skilled labor force supported by Grayson College’s health care and nursing programs and Austin College’s STEM and business programs. Lower Cost of Doing Business – Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This land parcel presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With frontage on Texoma Parkway (State Highway 91), the land can be developed for a variety of commercial uses, including retail, restaurants, office space, automotive businesses, and service businesses, to name a few. Relocate or start a new business at this location to attract customers with this HIGH traffic count location. Approximately 9,600 residential households live in the 75090 zip code, providing a substantial potential customer base. There are several successful, long-term service businesses and restaurants on Texoma Parkway in this area. The Dallas North Tollway will be extended to Grayson County in the next few years. Don't miss this opportunity to purchase investment land or locate your business in this high-growth location!

000 Texoma Pkwy, Sherman

$155,000

21397602 MLS

Owner financing available. Excellent opportunity to own a prime commercial lot on Texoma Parkway. The property offers valuable frontage with visibility to over 15,000 vehicles per day. C-2 zoning allows for a wide range of commercial uses, including retail store and office. The site is conveniently located less than five minutes from both Highway 75 and Highway 82. The site is also relatively flat and free of floodplain, per FEMA maps. Surrounded by retail, restaurants, and office developments, this property benefits from neighboring consumer traffic.

2012 Texoma Pkwy, Sherman

$545,000

21397608 MLS

This 1.975-acre tract offers prime commercial frontage along FM 1417 (Heritage Parkway). FM 1417 is Sherman's premier growth corridor, experiencing significant expansion with new residential and multifamily development, along with major manufacturers to the south including Globitech. The site benefits from exposure to approximately 15,000 vehicles per day and is positioned along a recently widened 4-lane divided roadway. Additionally, a shared access easement is in place with the adjacent property to the north, providing secondary access from Denson Drive and enhancing site accessibility. C-N zoning allows for a wide range of commercial uses including retail, restaurant, medical office, or daycare. The location is situated less than 1.5 miles from Highway 75 (58,000 VPD), approximately 2 miles from Highway 82 (31,000 VPD), and 3 miles from Sherman High School.

931 N Heritage Pkwy, Sherman

$80,000

21392292 MLS

Build the custom home you’ve been imagining at 401 Roberts Run, a spacious lot overlooking a pond in Preston Club, a master planned community in northwest Sherman. With concrete streets, underground utilities, and access to City of Sherman water and services, Located near Highway 289 and US 82, it offers convenient access to local schools, shopping, dining, North Texas Regional Airport, and Lake Texoma. The lot is approximately 40 miles north of Highway 121 and minutes from the proposed tollway extension.

401 Roberts Ct, Sherman

$215,000

21391237 MLS

Beautiful rolling 5 acres with 2 mature trees ready to build your dream home, with new constructions homes on each side. Survey available.

Tbd Spalding Rd, Sherman

$1,858,800

21390419 MLS

62+- beautiful rolling acres in desirable Tom Bean School District, just off highway 902 in Whitemound Tom Bean. Less than 10 miles from TI plant. Currently ag exempt, leased for hay production. Many potential building sites and nice trees. Roughly 150 paved feet of frontage on Mary Fitch Road. 61.534 original acres combined with triangular 0.426 acre piece providing over 300 paved feet of White Mound Cemetery Road frontage for private access. Utilities available at street. Second photo shows that the property (highlighted in yellow) has frontage along what is shown to be a major arterial across the county, according to Grayson County 2024 thoroughfare plan. Come and see this slice of Heaven for yourself!

61.96ac 61.96ac Mary Fitch Rd, Sherman

$4,084,080

21381245 MLS

68.642 Acres of Development Land in Sherman, Texas -- City Water, City Sewer & Electricity Available Rare 68.642-acre development opportunity in Sherman, Texas, positioned in one of North Texas' rapidly growing markets. This expansive tract offers an exceptional combination of size, location, frontage, and utility availability, making it an attractive opportunity for land developers, residential developers, multifamily investors, builders, investors, and future development projects. The property features over 1,400 feet of frontage along Friendship Road and is located approximately one-third of a mile from Hwy 56 (Houston Street), providing convenient access to major transportation corridors including FM 1417, US Highway 75 and Highway 82. The property is situated within the Sherman city limits and is surrounded by existing residential development, creating an excellent setting for continued growth and potential future development. One of the property's strongest advantages for developers is the availability of city water, city sewer, and electricity, along with asphalt road access. Having major utilities available in the area can significantly enhance the property's development potential and provide a major advantage over large acreage tracts requiring private wells, septic systems, or extensive utility extensions. Potential uses including residential development, single-family development, multifamily development, subdivision, and general development. The property is currently vacant, offering a developer a blank canvas for future planning. Located in Sherman ISD, the property benefits from its proximity to established neighborhoods and the continued expansion of the Sherman area. Its combination of 68+ acres, substantial road frontage, city utilities, strategic location, and surrounding development makes this a property worth serious consideration for investors seeking North Texas development land.

000 Friendship Rd, Sherman

$600,000

21371627 MLS

Highway frontage and convenient location, this property is well positioned for those looking for accessibility and proximity to the continued growth and development of the Sherman area. Whether you're looking for a property to accommodate your current needs or exploring future possibilities, this location is worth a closer look. Buyer and buyer’s agent to verify all information, measurements, schools, zoning, restrictions, utilities, and permitted uses independently.

Tbd Tbd Hwy, Sherman

$86,000

21379376 MLS

Prime commercial development opportunity at 811 N Travis St in Sherman, TX, offering excellent visibility and exposure along N Travis Street with approximately 14,000 vehicles per day based on the 2023 two-way traffic count. Zoned C-1 Retail Business District, with potential for rezoning to residential use, providing flexibility for a variety of development strategies. The property is located within a federally designated Opportunity Zone, which may provide potential tax advantages for qualified investments. Conveniently located just minutes from Downtown Sherman and US-75, this level lot offers strong frontage in a rapidly growing North Texas market. Utilities are located nearby, with buyer to verify availability and capacity. Ideal for retail, office, service, mixed-use, or potential residential development. A strong opportunity for developers, investors, or owner-users seeking a strategically located property with flexible potential in Sherman.

811 N Travis St, Sherman

$110,000

21376241 MLS

Rare opportunity in Sherman’s highly sought-after Turtle Creek neighborhood. This fully platted, city-approved 1.5+ acre homesite is ready for immediate construction—an exceptional find in an established community where vacant lots are nearly impossible to come by. The property offers a unique layout ideal for a custom home. The front portion includes a utility easement, which cannot support structures but can be beautifully utilized for a driveway, fencing, landscaping, or an extended front yard. Behind it, the generous build area features mature trees that create natural privacy and a peaceful backdrop for your future home. Whether you’re building your forever home or investing in a premium lot in a proven neighborhood, this land provides unmatched potential in a location known for quality homes, quiet streets, and long-term value. Opportunities like this rarely come available in Turtle Creek—secure this exceptional homesite while you can.

1.63 Acres W Lamberth Rd, Sherman

$125,000

21376451 MLS

Rare opportunity to build a private custom home on approximately 2.4 acres tucked away within the well-established and highly sought-after Turtle Creek area of Sherman, Texas. The property contains approximately 105,241 square feet and is already platted for residential development, with city water and sewer available. The property was thoughtfully replatted to provide access through the expansive front portion of the property to a secluded homesite in the rear, creating a unique setting where your future home can be tucked away from the street while still maintaining a grand entrance and impressive approach. A power-line easement crosses the front portion of the property, but it does not prevent the new owner from installing a driveway through the easement. The easement primarily restricts the construction of permanent structures within that area, allowing the front acreage to remain open and attractive while providing access to the private building site beyond. Even better, the property comes with approximately 3,300-square-foot house plans, giving a buyer the opportunity to move forward with an already-designed custom home or bring their own plans. The property is platted and ready for development and that the house plans are available with the purchase. With 2.4 acres, a secluded rear building site, city utilities, established surrounding homes, and house plans already available, this is a truly unique opportunity to build a custom residence without sacrificing the convenience of an established Sherman neighborhood. Property Highlights Approximately 2.416 acres Located within the desirable Turtle Creek area Private, tucked-away rear homesite Replatted to provide access from Meadows Lane Expansive front entrance and driveway opportunity Power-line easement does not prevent driveway access City water and city sewer available Residential zoning Approximately 3,300 SF house plans included Platted and ready for your custom home

2309 Meadows Ln, Sherman

$70,000

21350276 MLS

**MOTIVATED SELLER ALL OFFERS WILL BE REVIEWED** **SELLER FINANCING AVAILABLE WITH 50% DOWN, 10% FOR UP TO 60 MONTHS FOR REMAINING BALANCE** The Sky Is The Limit With This Deep, Oversized Lot Sitting On Over Half An Acre Near Austin College. This Heavily Treed Property Gives You The Opportunity To Create Your Own Privacy And Build The Perfect Setup From The Ground Up. Whether You Want To Build A Cozy Bungalow, A Student Rental, Or A Cash-Flowing Investment Property, This Lot Gives You Plenty Of Room And Flexibility. Located In A Growing Area Of Sherman, This Property Is Close To Shopping, Dining, Entertainment, And Local Attractions Including Target, Dillard’s, Kohl’s, Belk, Urban Air Trampoline And Adventure Park, Waterloo Park, Harber Wildlife Museum, And The Splash Family Aquatic Center. Competitively Priced And Full Of Potential, This Is A Great Opportunity To Build Your Ideal Home Or Investment Property In A Community That Continues To Grow.

Tbd E Tuck St, Sherman

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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