153 Raccoon Dr, Sherman, TX 75092

$499,000

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List Price
$499,000
MLS#
21314649
Status
ACTIVE
Type
Land
Subtype
Land
Acres
14.25
County
Grayson
City
Sherman
Subdivision
J Emery Surv Abs #1432

Property Description

Prime 14.248-acre tract with approximately 190 feet of Highway 82 frontage, located within the Sherman ETJ in one of North Texas' fastest-growing development corridors. Seller financing may be available for qualified buyers. The property is fully cleared and offers an excellent foundation for a variety of future development opportunities. According to publicly available FEMA mapping, the property lies outside the flood plain and includes an existing water meter through Two Way Special Utility District, access to electric service through Grayson Collin Electric Cooperative (GCEC), and a recently renewed AG exemption. Located within the Sherman ETJ, zoning is not currently in place; however, buyers should independently verify all applicable development requirements with the appropriate governmental authorities. Potential uses may include RV park development, RV & boat storage, industrial outdoor storage (IOS), contractor yards, trailer and equipment parking, outdoor laydown yards, flex warehouse development, manufactured housing, tiny home development, or other permitted uses, subject to buyer verification and applicable development requirements. Strategically located less than 4 miles from the proposed Grayson County Tollway extension, the property offers excellent visibility along Highway 82 with convenient access to Sherman, Whitesboro, Denison, Lake Texoma, and other major North Texas growth corridors. Native Texas wildlife, including deer and other wildlife, have been observed on the property. Buyer and buyer's agent are responsible for independently verifying all information, including acreage, flood plain status, easements, access, utility availability, development requirements, and suitability for the buyer's intended use.

Additional Information

Unexempt Taxes
$7
Lot Size
620,642
Acres
14.25
Lot Description
Cleared, Greenbelt
School District
S And S Cons Isd
Elementary School
S And S
Middle School
S And S
High School
S And S
Possession
CloseOfEscrow
Proposed Use
Commercial, Industrial, Investment, Storage, Mixed Use, Pasture, Ranch, Residential, Unimproved, Vacant, Warehouse

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Calculator source: Real Geeks

Listing courtesy of Rich Johnson from Regal, REALTORS. Contact: 972-771-6970