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$349,900
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Property Description
PRIME COMMERCIAL PROPERTY! 1.73 ACRES WITH FRONTAGE ON TEXOMA PARKWAY! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and GlobalWafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. Strategic Location - 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. Business-Friendly Climate - No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business. The area offers a skilled labor force supported by Grayson College's health care and nursing programs and Austin College's STEM and business programs. Lower Cost of Doing Business - Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This land parcel presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With substantial frontage on Texoma Parkway (State Highway 91), the land can be developed for a variety of commercial uses, including retail, restaurants, office space, automotive businesses, and service businesses, to name a few. The medical office adjacent to the property is also available for purchase. This presents an opportunity to expand the existing office space and parking area. See MLS#21200523. Don't miss this opportunity to purchase investment land or locate your business in this high-growth location!
Full Property Details
Full Property Details for 4020 Texoma Pkwy
General
- Price: $349,900
- Taxes: $1,384
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21203708
- Updated: 3/19/2026
- Added to Site: 23 day(s) ago
Business
- Business Type: Build to Suit
Location
- County: Grayson
- Subdivision: G-0969
- Driving Directions: From Hwy 75, exit at Hwy 82 East. Travel east on Hwy 82 to Texoma Pkwy. Travel north on Texoma Parkway approximately 1 mile. The property is located on the west side of the road.
- Dist. to Street: 20
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Dillingham
- Middle School: Piner
- High School: Sherman
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Overhead Utilities, Phone Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Commercial, Unimproved
Lot Features
- Lot Size (Acres): 1.73
- Lot Size (Sq. Ft.): 75,358.8
- Lot Size Source: Assessor
- Frontage: Highway, State Road, All Weather Road, Concrete
- Lot Features: Acreage, Cleared, Irregular Lot, Landscaped, Level, City Lot
- Potential Use: Commercial, Development, Investment, Mixed Use, Retail
- Trees/Vegetation: Cleared
- Zoning: (300) COMMERCIAL LAND-VACANT
Financial Considerations
- Tax Amount: $1,384
- Terms: Cash, Conventional, 1031 Exchange, Other
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: G-0969 PATTERSON W F A-G0969, ACRES 1.73
- Disclosures/Rstr.: Deed Restriction, Easement(s)
- Property ID: 154536
Listed by HBL, Realtors, Victoria Woodard
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Schools
Schools serving 4020 Texoma Pkwy
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Percy W Neblett Elementary School 1505 Gallagher Drive, Sherman, TX 75090 | K-5 | 0.8 mi |
Sherman Middle 2201 East Lamar Street, Sherman, TX 75090 | 6-8 | 2.5 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 4020 Texoma Pkwy
Date
Details
Price
Change
Source
3/11/2026
Listed
$349,900
—
MLS
Disclaimer: Historical sales 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 4020 Texoma Pkwy
Tbd Texoma Parkway, Sherman, TX 75090 (MLS# 21203708) is a Lots/Land property with a lot size of 1.73 acres. Tbd Texoma Parkway is currently listed for $349,900 and was received on March 11, 2026. Want to learn more about Tbd Texoma Parkway? 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.

