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$595,000
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Property Description
Prime 5.75-acre commercial tract with approximately 400 feet of frontage on Highway 56 in rapidly growing Sherman, Texas. Excellent visibility and access along a major corridor with strong traffic counts. Property is zoned commercial allowing for a wide range of uses including industrial warehouse, storage facility, office warehouse (front) with storage yard in the rear, or neighborhood retail strip center. Strategically positioned directly in front of a brand-new 200+ home Lennar residential development, making this site ideal for neighborhood-serving retail, service businesses, or mixed-use commercial development. All utilities available (to be verified by Buyer). Strong growth corridor with continued residential and commercial expansion nearby.
Full Property Details
Full Property Details for 0000 Hwy 56
General
- Price: $595,000
- Status: Active
- Type: Commercial Land
- Source: NTREIS
- MLS ID: 21188179
- Updated: 4/20/2026
- Added to Site: 71 day(s) ago
Location
- County: Grayson
- Subdivision: NONE
- Driving Directions: Off FM1417 head west 1 mile. From 289 head east 5 miles.
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Wakefield
- Middle School: Piner
- High School: Sherman
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Other, Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial, Industrial, Mini Storage, Retail, Unimproved
- Year Built: 1900
Lot Features
- Lot Size (Acres): 5.75
- Lot Size (Sq. Ft.): 250,470
- Lot Size Source: Public Records
- Frontage: All Weather Road
- Lot Features: Acreage, City Lot
- Potential Use: Industrial, Investment, Unimproved, Warehouse
- Zoning: NA
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: Lot 58X-HOA, Block F, of HIDDEN MEADOWS, PHASE 2
- Property ID: 459942
Listed by Rodney Blaukat, Josh Long
Get Pre-Approved Today
Schools
Schools serving 0000 Hwy 56
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Dillingham Elementary School 1701 Gallagher Drive, Sherman, TX 75090 | K-5 | 5.7 mi |
Sherman Middle 2201 East Lamar Street, Sherman, TX 75090 | 6-8 | 4.1 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 7.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 0000 Hwy 56
Date
Details
Price
Change
Source
3/02/2026
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0000 Hwy 56
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4
-20%
$270
4%
2023
$5
-17%
$260
-21%
2022
$6
100%
$330
—
2021
100%
$330
—
2020
100%
$330
-28%
2015
-100%
$460
-10%
2018
$11
10%
$510
-6%
2017
$10
-9%
$540
—
2016
$11
10%
$540
4%
2015
$10
—
$520
4%
2019
$10
—
$500
-6%
2014
$10
—
$530
2%
2013
$10
—
$520
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0000 Hwy 56
0000 Hwy 56, Sherman, TX 75092 (MLS# 21188179) is a Commercial Land property with a lot size of 5.75 acres. 0000 Hwy 56 is currently listed for $595,000 and was received on March 02, 2026. Want to learn more about 0000 Hwy 56? Do you have questions about finding other Commercial Land real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

