Texoma Pkwy Sherman TX 75090 - Residential LAND FOR SALE


Sherman, TX 75090 8,389,656 SF
$16,371,000 USD
214-556-1951
Texoma Pkwy Sherman TX 75090, Sherman, TX for Sale
$16,371,000 USD
Residential LAND - FOR SALE
1/5
8,389,656 SF

Texoma Pkwy Sherman TX 75090
Sherman, TX 75090


HIGHLIGHTS

  • The Site is ideally situated a block west of Texoma Parkway, less than a mile east of US 75, and less than a mile north of Highway 82.
  • In proximity to national retailers and restaurants such as Walmart, Sam’s Club, Target, Home Depot, Best Buy, Chick-fil-a, Sears.
  • The Site is approximately 1.5 miles east of Heritage Ranch, with homes reaching up to $499,000. Also, the Site is two miles south of Gateway Village.
  • The Site is zoned in a Planned Development allowing for varying lot sizes including 40', 50', 60' and 80' configurations.
  • The master plan for the overall Pecan Grove Estates also includes two multifamily sites, an office/ commercial site, and seven estate lots.
  • Currently there is a concept plan in the due diligence vault showing 712+/- lots of various sizes.

OVERVIEW

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to present an opportunity to purchase 712+/- single-family paper lots within the Pecan Grove Estates master-planned community in Sherman, TX (“the Site”). The Site’s zoning allows for a variety of lot sizes, including 40’, 50’, 60’, and 80’ configurations. The Site is located centrally within the Sherman-Denison MSA less than half a mile east of US Highway 75, less than a 10-minute drive to downtown Sherman, and approximately 10 miles to the new GlobiTech and Texas Instruments facilities. This represents a great opportunity to acquire entitled single-family land within a master-planned community at a price of only $22,993 per paper lot. Any third-party co-broker will need to be compensated by their client as there is no co-broker fee available on this offering.

FOR SALE DETAILS

PRICE

$16,371,000 USD

PRICE/ACRE

$85,000/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

712+/-Single Family Paper Lots

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

192.6 AC

LAND SF

8,389,656 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

PD Through Ordinance 6600

APN/PARCEL ID

118528,154542

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.