Date
Details
Price
Change
Source
2/24/2026
Listed
$5,940,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Rare opportunity to own 217 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. There is gentle topography on the majority of the property with no flood plain and minimal wetlands. The site also has over 2,400 feet of road frontage on JP Cave Rd, making this an excellent site to develop. This land is located in Sherman ISD and is partially in Sherman's ETJ and partially in the County. There are minimal easements on the property, and it is agriculturally assessed. The land is located in the Sherman sewer CCN and both the Pink Hill water CCN and Sherman water CCN. Water and sewer are roughly 2 miles to the west.
Full Property Details
Full Property Details for 216 Acres Jp Cave Rd
General
- Price: $5,940,000
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21173223
- Updated: 2/24/2026
- Added to Site: 1 day(s) ago
Location
- County: Grayson
- Subdivision: G-0425 FOX JAMES A
- Driving Directions: This property is located to the south of 1034 JP Cave Rd. Driving east on Hwy 56, turn south (right) on JP Cave Road. After roughly 3, 500 ft, the property will be on your east (left).
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Dillingham
- Middle School: Sherman
- High School: Sherman
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Pasture
Lot Features
- Lot Size (Acres): 216
- Lot Size (Sq. Ft.): 9,408,960
- Lot Size Source: Other
- Frontage: County Road, Farm to Market Road, All Weather Road, Asphalt
- Lot Features: Acreage, Agricultural, Cleared, Level, Pasture
- Potential Use: Agricultural, Cattle, Development, Grazing, Hunting, Investment, Pasture, Ranch, Residential, Recreational, Single Family
- Trees/Vegetation: Cleared, Grassed, Partially Wooded
- Zoning: Located partially in Sherman ETJ and partially in County
Financial Considerations
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Documents Avail.: Aerial
- Property ID: 122309
Listed by Bertholf Commercial Real Estate, Terrin Bertholf and Bertholf Commercial Real Estate, Noel Cobb
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Listing agents
— 216 Acres Jp Cave Rd —
Terrin Bertholf
Bertholf Commercial Real Estate
Noel Cobb
Bertholf Commercial Real Estate
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 216 Acres Jp Cave Rd
Estimate the Cost
Estimate the Cost for 216 Acres Jp Cave Rd
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216 Acres Jp Cave Road, Sherman, TX 75090 (MLS# 21173223) is a Lots/Land property with a lot size of 216 acres. 216 Acres Jp Cave Road is currently listed for $5,940,000 and was received on February 24, 2026. Want to learn more about 216 Acres Jp Cave Road? Do you have questions about finding other Lots/Land real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.