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11086 State Highway 56, Sherman, TX 75090

Tract 1 · Grayson County

Key Facts

107.39Lot (acres)

Description

A rare 107-acre Ag Exempt property with ~1,500 ft frontage on Highway 56, just outside Sherman city limits. This land is ideal for development or investment. Sherman is attracting billions in new investments, with rapid expansion and key projects like the Texas Instruments semiconductor plant. Located less than a mile from city limits and within a 10-minute drive to Austin College, Sherman Town Center, and much more, this site offers exceptional access and visibility. With the ongoing industrial corridor development in South Sherman, the property is perfectly poised to benefit from the city's growth. Don’t miss the chance to secure a large acreage in an area with unmatched future potential.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

107.39 acres

Days on Market

569

MLS® Listing#

20749819

Property Features

Schools

Elementary:
Crutchfield
Middle:
Sherman
High:
Sherman
District:
Sherman ISD

Financial Details

Parcel Number

122241

Directions

GPS is accurate

Affordability Calculator

$2,147,740

Estimated monthly payment

$57,156/mo

Principal $8,590,960 · Est. interest $11,985,154 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Sherman, TX

$318,581
Median Listing Price
74
Median Days on Market
1,843
Median Sq Ft
$163
Median Price / Sq Ft
449
Active Listings
  • This home’s price is 3271% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Sherman, TX.

Location

Map showing the location of 11086 State Highway 56, Sherman, TX 75090

Points of Interest in Sherman, TX

Showing the Sherman area map.

Nearby Schools

  • Grayson Christian School

    Secondary · 1.3 mi away

  • Sherman Middle School

    Secondary · 1.4 mi away

  • Sherman High School

    Secondary · 1.5 mi away

  • Crutchfield Elementary School

    Elementary · 1.6 mi away

  • Tuck Street Early Education Center

    School · 2.0 mi away

  • Thomas Edison School

    School · 2.2 mi away

  • Jefferson Elementary School

    Elementary · 2.2 mi away

  • Grayson Christian School

    School · 2.4 mi away

  • Fred Douglass Early Childhood Center

    School · 2.8 mi away

  • Washington Elementary School

    Elementary · 2.8 mi away

  • St Mary's School

    School · 2.8 mi away

  • Montessori Academy of North Texas

    Elementary · 3.0 mi away

  • Covenant Presbyterian Pre School

    School · 3.1 mi away

  • Piner Middle School

    Secondary · 3.2 mi away

  • Dillingham Intermediate School

    Secondary · 3.3 mi away

  • Dillingham Elementary

    Elementary · 3.3 mi away

  • Sherman Independent School District

    School · 3.3 mi away

  • Neblett Elementary School

    Elementary · 3.5 mi away

  • Belden Street Montessori

    Elementary · 3.6 mi away

  • Fairview Elementary School

    Elementary · 3.8 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
TBD Shepherd Drive, Sherman, TX$7,725,650
99 Acres W Washington Street, Sherman, TX$8,500,000
3209 Texoma Parkway, Sherman, TX$10,775,000

Moving Cost Estimate

EXIT Agents in Sherman

Dallas MLS - N.T.R.E.I.S. logo

Listing Courtesy: Berkshire HathawayHS PenFed TX - 972-786-1590

Presented by: Zexi Su

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Last Updated: 2024-10-08

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Metrotex Association Of Realtors. MLS® Listing#20749819. © 2026EXIT Realty®. All rights reserved.