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Pending
  • $2,250,000

    E Canyon Grove Rd, Sherman, TX 75092

    --beds
    --baths
    18.56Acres
    : 
    Unimproved Land
    Built in ----
    18.56 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent visibilityUtility access
    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.
    236 days
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    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

        DateEventPrice
        2/24/2026Pending sale$2,250,000
        Source: NTREIS #21046661 Report a problem
        1/14/2026Contingent$2,250,000
        Source: NTREIS #21046661 Report a problem
        8/30/2025Listed 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
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          Climate risks

          Neighborhood: 75092

          Getting around

          25 / 100
          Car-Dependent
          38 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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