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Commercial Land for Sale in Sherman, Texas

4381 N Loy Lake Rd, Sherman, TX 75092

$10,031,868
23 acres
Active sale
ago
Est $68,691/mo

Prime 23-Acre Development Tract with Hwy 75 Frontage - Sherman, Texas Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress. Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border. Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd. Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages. Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline. Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.

Location

Street address
4381 N Loy Lake Rd
Zip code
75092
Community
G-1553
Elevation
769 feet
Coordinates
33.69, -96.6042

Directions

North on Hwy 75. Take Loy Lake exit and turn left onto Loy Lake. Cross over Hwy 75. Property is on the right.

Property details

Acreage
23.03 acres
Zoning
Commercial
MLS #
NTREIS 21368995
Posted

Property taxes

Recent
$7,711

Parcels

  • 115713

Legal description

Details and features

Listing

Type
Commercial Sale

Lot

Features
Acreage, Many Trees

Structure

Stories
1
Water
Public
Sewer
Public Sewer, Septic Tank

Listing history

DateEventPriceChangeSource
Sept 1, 2026Price increase$10,031,868$31,868 0.3%NTREIS
Sept 1, 2026New listing$10,000,000NTREIS
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This 23.03-acre property is located at 4381 N Loy Lake Rd in Sherman, TX 75092. The land is available for sale, priced at $10,031,868 — $435,600 per acre.

Listed by Paragon, Realtors, (903) 893-8174

Checked 1 hour agoUpdated Source

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