UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Pending
Purchase Type For Sale
Subdivision John Jennings
MLS Listing ID 21046661
HOA Y/N None
Annual Tax Amount $15,891
Lot Size 18.560 Acres
Acres 18.56
Property Sub-Type Unimproved Land
Property Description
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.
Location
State TX
County Grayson
Zoning Property is zoned Commercial and in an Opportunity Zone.
Direction North on 75, exit US 82 W. Right on North Travis, right on Canyon Grove Rd.
Exterior
Utilities Available City Water, Electricity Available, Sewer Available
Garage No
Building
Lot Description Acreage, Few Trees, Pasture
Schools
Elementary Schools Percy W Neblett
Middle Schools Sherman
High Schools Sherman
School District Sherman Isd
Others
Restrictions Easement(s)
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21046661
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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.