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Texoma Parkway
Sherman, Texas 75090

County: Grayson G-0969

PRIME COMMERCIAL LAND! 1.5 ACRES WITH FRONTAGE ON TEXOMA PARKWAY! IDEALLY POSITIONED ADJACENT TO NEW RESIDENTIAL DEVELOPMENT! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and Global Wafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, restaurants, 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. SEE THE MAP PHOTOS OF THE PLANNED RESIDENTIAL DEVELOPMENT JUST WEST OF THIS PARCEL! Strategic Location – 40 miles north of DFW Metroplex. Business-Friendly Climate – Local tax abatements and customized incentive packages may be available to encourage businesses. The area offers a skilled labor force and 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 to provide services to the customer base as it continues to grow. 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, which will increase with the upcoming development planned just west of the parcel. 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! Buyers should verify development plans, zoning and planning requirements.

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Essential Information

  • Price$199,000
  • Cumulative Days on MarketUnlock
  • MLS® #21397915
  • Acres1.54
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive
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Quick Valuation Analysis from 24 Active and 7 Sold Listings

Pricing Trends from 24 Active Listings in G-

This Home's Price $199,000 This Home's Price Per SqFt $
Average Price $1,348,506 Average Price Per SqFt $
Highest Price $6,184,780 Highest Price Per SqFt $
Lowest Price $10 Lowest Price Per SqFt $

Pricing Trends from 7 Sold Listings in G-

This Home's Price $199,000 This Home's Price Per SqFt $
Average Price $3,984,686 Average Price Per SqFt $
Highest Price $15,206,000 Highest Price Per SqFt $
Lowest Price $27,500 Lowest Price Per SqFt $

Property Details

School Information

Community

  • AddressTexoma Parkway
  • SubdivisionG-0969
  • CitySherman
  • CountyGrayson
  • StateTexas
  • Zip Code75090
  • HOANone
  • UtilitiesAll Weather Road, Cable Available, City Water, Curbs, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Underground Utilities
  • Taxes1384

Exterior

  • Lot DescriptionAcreage, Cleared, Irregular Lot, Landscaped, Level

Additional Information

  • Zoning(300) COMMERCIAL LAND-VACANT

Private Listing Information (Registration Required)

Listing Details

  • AgentVictoria Woodard
  • OfficeHbl, Realtors

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Listing information last updated on October 18th, 2026 at 10:00am CDT.