4800 N Fm-1417, Sherman, TX 75092 - Photo 1

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$1,950,000

For Sale
Active
Lots/Land
40.34 Acres

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Property Description

40 acres with road frontage on FM 1417 on the East side and frontage on Shadow Trail on the West side. Great develop property with city water across FM 1417. Property is within the City Limits of Sherman but currently is being used as AG. Future land use maps show MF for property fronting FM 1417 and Single Family for the rest.

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Full Property Details

Full Property Details for 4800 N Fm-1417

General

Price: $1,950,000
Taxes: $816
Status: Active
Type: Lots/Land
Source: NTREIS
MLS ID: 20824059
Updated: 2/10/2026
Added to Site: 436 day(s) ago

Location

County: Grayson
Subdivision: Northwest Add
Driving Directions: North on FM 1417 from Hwy 82. Property on the left

School Information

Elem School District: Sherman ISD
Midd School District: Sherman ISD
High School District: Sherman ISD
Elementary School: Percy W Neblett
Middle School: Sherman
High School: Sherman

Utilities

Water: Public
Utility Description: Electricity Available, Water Available

Structural Information

Detached/Attached: Detached
Current Bldg. Use: Agricultural

Lot Features

Lot Size (Acres): 40.34
Lot Size (Sq. Ft.): 1,757,210.4
Frontage: County Road, Farm to Market Road, Asphalt, Gravel
Lot Features: Acreage, Agricultural, Pond on Lot, City Lot
Zoning: Property is within the City of Sherman but has not been zoned. Currently in AG. Future land use shows Single Family and MF.
Fencing (Description): Barbed Wire

Financial Considerations

Tax Amount: $816
Terms: Cash, Conventional

Disclosures and Reports

Documents Avail.: Survey, Topographical Survey
Legal Description: NORTHWEST ADDN, BLOCK 1, LOT PT 5, ACRES 35.9
Property ID: 118922
Block: 1
Lot Number: 5

Listed by Collin County Realty, Inc., Charlotte Tittle

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Listing agent

— 4800 N Fm-1417 —

Charlotte Tittle

Collin County Realty, Inc.

972-335-4300

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NMLS#: 1598647

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Schools

Schools serving 4800 N Fm-1417

School District:Sherman Independent School District

Name	Grades	Distance
Percy W Neblett Elementary School 1505 Gallagher Drive, Sherman, TX 75090	K-5	3.2 mi
Piner Middle School 402 West Pecan Street, Sherman, TX 75090	6-8	4.1 mi
Sherman High School 2907 West Travis Street, Sherman, TX 75092	9-12	6.1 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 4800 N Fm-1417 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

2/10/2026

Price Reduced

$1,950,000

-7.14%

MLS

1/22/2025

Listed

$2,100,000

—

MLS

Get Price Alerts and Save Property

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 4800 N Fm-1417

Year

Property Taxes

Change

Tax Assessment

Change

2024

$771

1%

$35,189

—

2023

$764

100%

$35,133

1%

2022

$382

39%

$34,799

114%

2021

$274

-3%

$16,285

45%

2020

$282

100%

$11,249

—

2015

-100%

$11,249

46%

2019

$203

-1%

$7,719

1%

2018

$205

5%

$7,617

-2%

2017

$195

20%

$7,754

19%

2016

$163

1%

$6,540

1%

2015

$161

-98%

$6,471

-98%

2014

$8,353

19%

$336,226

18%

2013

$7,014

—

$285,053

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4800 N Fm-1417, Sherman, TX 75092 (MLS# 20824059) is a Lots/Land property with a lot size of 40.34 acres. 4800 N Fm-1417 is currently listed for $1,950,000 and was received on January 22, 2025. Want to learn more about 4800 N Fm-1417? 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.

4800 N Fm-1417 Sherman, TX 75092