Mixed-Use Land for Sale in Sherman, Texas
5510 La Cima Dr Sherman, TX 75092
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$3,500,000
39.94 acres
Active sale$400k dropEst $28,890/mo
Discover a rare investment opportunity in Sherman, Texas. This 39.94-acre land, located in an Opportunity Zone within the city's ETJ, offers flexibility and potential tax benefits. Ideal for a variety of developments, its size and strategic position near new city growth areas enhance its appeal.
Key Highlights:
Vast acreage for diverse projects.
Situated in an Opportunity Zone for investment incentives.
In the ETJ, allowing planning freedom.
Close to Sherman's new developments and the upcoming Margaritaville Resort in Dennison.
This property is a gateway to participate in North Texas's dynamic growth. Perfect for residential, commercial, or mixed-use developments.
A unique chance to shape the future of Sherman. Contact for details and viewings.
Location
- Street Address
- 5510 La Cima Dr
- County
- Grayson County
- Community
- Goode John A
- Elevation
- 846 feet
Property details
- MLS Number
- NTREIS 20521372
- Date Posted
Parcels
- 115341
Resources
Detailed attributes
Listing
- Type
- Land
- Subtype
- Unimproved Land
Nearby schools
Name | Level | District | Description |
---|---|---|---|
Percy W Neblett | Elementary | — | — |
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
May 29, 2024 | Price drop | $3,500,000 | $400,000 -10.3% | NTREIS |
Jan 30, 2024 | New listing | $3,900,000 | — | NTREIS |
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