TBD E Canyon Grove Road, Sherman, TX 75092
Local realty services provided by:ERA Newlin & Company
Listed by:ryan clevenger(903) 276-2611
Office:mainstreet venture partners, l
MLS#:21046661
Source:GDAR
Price summary
- Price:$2,250,000
About this home
We are pleased to offer for sale an exceptional ±18.56-acre development opportunity strategically located along North Travis Street and E Canyon Grove Rd in Sherman, Texas. This two-parcel assemblage (17.662 acres and 0.895 acres) sits in the heart of the Hwy 75 & 82 corridor, the most active retail and growth hub in the region.
The property is directly adjacent to Walmart and lies within a federally designated Opportunity Zone, providing potential tax advantages for investors. Just across the street, Sherman Town Center offers a powerful retail draw with major anchors including Target, Hobby Lobby, Home Depot, and Sam’s Club. The site is also in close proximity to the planned Heritage Ranch master-planned community, a 439-acre project slated for commercial, entertainment, residential, park, and open space uses.
With excellent visibility, utility access, and flexible zoning potential, the site is ideally positioned for mixed-use office condos, professional services, or retail development. Sherman is experiencing unprecedented commercial and residential expansion, fueled by new employment growth and infrastructure investment — making this property a rare chance to secure a foothold in one of North Texas’ fastest-growing markets.
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Home facts
- Listing ID #:21046661
- Added:63 day(s) ago
- Updated:November 01, 2025 at 11:40 AM
Structure and exterior
- Lot area:18.56 Acres
Schools
- High school:Sherman
- Middle school:Sherman
- Elementary school:Percy W Neblett
Finances and disclosures
- Price:$2,250,000
- Tax amount:$15,891
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