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Agricultural & Residential Land for Sale in Whitesboro, Texas

3601 Old Sherman Rd, Whitesboro, TX 76273

$989,000
40.8 acres
Active
ago
Est $8,094/mo

39.78 Acres + 1 Acre Residential Parcel -- FM 901 & Old Sherman Rd -- Major Arterial Corridor -- No Zoning Restriction -- No Deed Restrictions --

Strategically positioned along FM 901 (Major Arterial) just 1,300 feet from HWY 56 and approximately 3 miles from the planned Dallas North Tollway extension, this 39.78-acre ag-exempt tract plus adjoining 1-acre residential parcel presents a rare long-term investment opportunity in the path of North Texas growth.

Located at 3601 Old Sherman Rd (#FM901) and 7074 FM 901 in Whitesboro, this offering provides frontage, access, flexibility, and future positioning rarely available in one package.

Key Highlights:

  • Seller Financing Option o 39.78 acres Ag-Exempt farmland o Utilities on site o No deed restrictions o Frontage along FM 901 o Approx. 1,300 ft from HWY 56 o ~3 miles from future Dallas North Tollway expansion o Subdivision potential (1, 2, 3, 5+ acre tracts per county guidelines)

Utility Infrastructure:

  • Served by Two-Way SUD o Two existing water meters on FM 901 o 9-inch water main along FM 901 o 5-inch water main along Old Sherman Rd o Electric service available at both front and rear of property

The property includes mapped floodplain along the natural creek corridor, supporting agricultural use and maintaining current ag exemption status, while significant portions remain outside the flood hazard area.

With Grayson County experiencing rapid infrastructure planning and arterial expansion, this tract offers strong potential for residential development, commercial positioning, industrial flexibility, or a strategic long-term hold.

Whether you're an investor seeking corridor appreciation, a developer exploring phased subdivision, or an end user wanting land with upside, this property delivers location, flexibility, and growth alignment.

Opportunities of this size, position, and flexibility along designated major arterials are increasingly limited.

Contact LA for more information.

Location

Street address
3601 Old Sherman Rd
Elevation
721 feet
Coordinates
33.6449, -96.845

Directions

Heading north on US 377 towards Whitesboro. Turn right on Sherman Drive. Make a left onto FM 901. Right onto Old Sherman Rd. Property will be on your right.

Property details

Acreage
40.777 acres
MLS #
NTREIS 21173354
Posted

Parcels

  • 120474

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Ranch

Nearby schools

NameType
S and SElementary

Listing history

DateEventPriceChangeSource
Feb 17, 2026New listing$989,000NTREIS
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This 40.777-acre property is located at 3601 Old Sherman Rd in Whitesboro, TX 76273. The property is available for sale for $989,000 with a price per acre of $24,254.

Checked 2 hours ago — Updated

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