Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas
Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress.
Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border.
Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd.
Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages.
Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline.
Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.
Property Details
- Lot Features
- Acreage, Many Trees
- Stories
- 1
- Lot Description
- Acreage, Many Trees
- Acres
- 0.001
- Lot Size (sqft)
- 23.03
- Property Type
- Purchase
- Property Subtype Additional
- Unimproved Land
- Year Built
- 1976
- Sewer Information
- Public Sewer, Septic Tank
- Utility Source
- Public
- Utility Features
- Electricity Connected, Overhead Utilities, Sewer Available, Septic Available, Water Available
- Subdivision
- G-1553
- County
- Grayson
- Region
- Sherman
- Days on Market (Cumulative)
- 13
- Taxes Annual
- $7,711
- MLS #
- 21368995
- Property Subtype
- UnimprovedLand
- Parcel Number
- 115713
- MLS #
- 21368995
- Property Condition
- Resale
- Address
- 4381 Loy Lake Road
Location
Legal
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Provided By
Listed by ROBIN PHILLIPS (#0527127)
Listing Office: PARAGON, REALTORS (#PARA00TO)
