11086 State Highway 56, Sherman, TX 75090 | MLS #20749819 | Allie Beth Allman & Associates

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Listing provided courtesy of Berkshire HathawayHS PenFed TX- MLS# 20749819MLS ProviderContact Information: Zexi Su - 972-786-1590

11086 State Highway 56Sherman, TX 75090

Vacant Land · 107.39 Acres
$10,738,700 Active

11086 State Highway 56 Overview

Time on Site:
629 days
Visits:
6

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.

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11086 State Highway 56 Facts & Features

  • Type Vacant Land
  • Lot 107.39 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Sherman ISD
  • Elementary School: Crutchfield
  • Middle Or Junior School: Sherman
  • High School: Sherman

Business Information

  • Current Use: Agricultural

Location/Region

  • Country: US
  • County Or Parish: Grayson
  • Postal City: SHERMAN
  • Subdivision Name: Tract 1

General Information

  • Parcel Number: 122241
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 107.387
  • Lot Size Area: 107.387
  • Lot Size Square Feet: 4677777.72
  • Lot Size Units: Acres
  • Road Surface Type: Asphalt
  • Water Source: Community/Coop

General Information

  • Sewer: None
  • Utilities: Sewer Not Available,Water Available

11086 State Highway 56 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

11086 State Highway 56 Market Data

Based on the last 30 days in this zip code

$342,725
Average List Price
$177
Average Price per Square Foot
35
Properties Sold
213
Average Days on Market
301
Properties for Sale
Calculations provided by Reliance Network

11086 State Highway 56 History

Date Event Value Agent
1/30/2025Source: North Texas MLS Added to Database
January 30, 2025