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Land for Sale in Sherman, Texas

FM 697, Sherman, TX 75090

$18,900,000
607 acres
Active
Est $154,672/mo

Rare opportunity to own 606.5 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. This site has approximately 11,000ft of road frontage and borders three road: FM 697 on two sides, JP Cave Rd and Independence Springs. There is gentle topography on the majority of the property and some flood plain located on the very south side of the property along the southern border. 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 partially in Pink Hill water CCN and partially in Sherman's water CCN and fully in Sherman's sewer CCN. Water and sewer are roughly 2 miles to the west.

Location

Street address
FM 697
Community
G-0425 Fox James A
Elevation
663 feet
Coordinates
33.6129, -96.5378

Directions

The nearest address you can search in GPS to find this location is 2773 FM 697 SHERMAN, TX.

Driving north on Hwy 11, turn east onto FM 697 and drive for about two miles and the property will be on the north and south side of the road. See attachments for the flyer which will show you the site.

Property details

Acreage
606.5 acres
MLS #
NTREIS 20700615
Posted

Parcels

  • 125926

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Nearby schools

NameLevelDistrictDescription
DillinghamElementary

Listing history

DateEventPriceChangeSource
Aug 15, 2025Relisted$18,900,000NTREIS
Aug 2, 2025Listing removed$18,900,000Listing agent
July 10, 2025Back on market$18,900,000NTREIS
July 1, 2025Under contract$18,900,000NTREIS
Oct 10, 2024New listing$18,900,000NTREIS
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This 606.5-acre property is located at FM 697 in Sherman, TX 75090. The property is available for sale for $18,900,000 with a price per acre of $31,162.

Checked 30 mins ago — Updated

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