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2615 E Graystone Rd - 96 | 40' SF Paper Lots Sherman, TX 19.95 Acres of Residential Land Offered at $2,479,154 CAD in Sherman, TX 75090

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INVESTMENT HIGHLIGHTS

  • Located a block East of Texoma Parkway, less than a mile and a half east of US 75, and less than a half mile north of Highway 82.
  • The Site is zoned R-4, “Patio Home District”, allowing for a minimum of 40’ lots with a minimum square footage of 4,000 square feet.
  • To the best of our knowledge the Site is best suited for for-sale housing or a for-rent community.
  • The Site is approximately 2.5 miles east of several retailers and restaurants
  • Per the Seller, all civil engineering is approved for 96 forty-foot wide lots.

PROPERTY FACTS

Price $2,479,154 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 19.95 AC
Zoning R-4 - R-4 (Single Family Patio District); 40' FF

1 LOT AVAILABLE

Lot

Price $2,479,154 CAD
Price Per AC $124,268.37 CAD
Lot Size 19.95 AC

DESCRIPTION

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to present qualified builders and developers with the opportunity to purchase 96 engineered 40-foot paper lots (19.95+/- acres) located at 2615 Graystone Drive in Sherman, TX (“the Site”). The Site is centrally located within the Sherman-Denison MSA, less than 1.5 miles east of US Highway 75, less than a 10-minute drive to downtown Sherman, and less than 8 miles north of both the new GlobiTech and Texas Instruments facilities. This represents a great opportunity to acquire a fully engineered single family lot opportunity at an attractive price of only $18,500 per paper lot. A 2.25% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.

  • Listing ID: 38673164

  • Date on Market: 2025-12-05

  • Last Updated:

  • Address: 2615 E Graystone Rd, Sherman, TX 75090

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