We are pleased to offer for sale an exceptional ±18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region.
The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam’s Club. The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses.
With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment — making this property a rare chance to secure a foothold in one of North Texas’ fastest-growing markets.
Pending
$2,250,000
E Canyon Grove Rd, Sherman, TX 75092
--beds
--baths
18.56Acres
Est.:
Unimproved Land
Built in ----
18.56 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent visibilityUtility access
- 236 days |
- 0 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Ryan Clevenger 0781303 903-276-2611,
MainStreet Venture Partners, L 903-821-9055
Source: NTREIS,MLS#: 21046661
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 18.56 Acres
- Features: Acreage, Pasture, Few Trees, City Lot
Details
- Parcel number: 118649
- Zoning description: Property is zoned Commercial and in an Opportunity Zone.
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Community
- Subdivision: John Jennings
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Annual tax amount: $15,891
- Date on market: 8/30/2025
- Cumulative days on market: 189 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2026 | Pending sale | $2,250,000 |
Source: NTREIS #21046661 Report a problem | ||
| 1/14/2026 | Contingent | $2,250,000 |
Source: NTREIS #21046661 Report a problem | ||
| 8/30/2025 | Listed for sale | $2,250,000 |
Source: NTREIS #21046661 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$13,894/mo
Principal & interest
$11156
Property taxes
$2738
More affordability tools
Climate risks
Neighborhood: 75092
Nearby schools
GreatSchools rating
- 1/10Percy W Neblett Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Sherman MiddleGrades: 6-8Distance: 2.9 mi
- 5/10Sherman High SchoolGrades: 9-12Distance: 5.3 mi
Schools provided by the listing agent
- Elementary: Percy W Neblett
- Middle: Sherman
- High: Sherman
- District: Sherman ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Texas
- Grayson County
- Sherman
- 75092
- E Canyon Grove Rd




