Mixed-Use Land for Sale in Sherman, Texas
Friendship Rd, Sherman, TX 75092
Positioned in the path of rapid development in Sherman and Grayson County, this 11.63-acre parcel on Friendship Road presents a compelling investment opportunity in one of North Texas's fastest-growing markets. Located just minutes from US-75 and 1417, the $30B+ Texas Instruments and GlobiTech semiconductor expansions, this tract is ideally suited for residential, commercial, or mixed-use development.
With excellent road frontage and utilities nearby, the property offers low barriers to entry and high upside potential. The area's explosive population and infrastructure growth continue to drive strong demand for housing and services, making this a prime candidate for short- or long-term hold strategies. Also a great home site if you're looking to build on acreage.
Location
- Street address
- Friendship Rd
- County
- Grayson County
- Elevation
- 853 feet
Directions
From FM 1417, W on Hwy 56, S on Friendship Rd, property on W side of Friendship Rd.
Property details
- Acreage
- 11.63 acres
- MLS #
- NTREIS 20911338
- Posted
Parcels
- 231378
Legal description
G-1208 THOMPSON P A-G1208, ACRES 11.63
Resources
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Henry W Sory | Elementary | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 11, 2025 | Relisted | $697,800 | — | NTREIS |
| Oct 7, 2025 | Listing removed | $697,800 | — | Listing agent |
| May 2, 2025 | New listing | $697,800 | — | NTREIS |