216-acres JP Cave Rd

Sherman, TX 75090

$5,940,000
Price
9,408,960 / 216
Lot Size / Acres
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a view of field with ocean view
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a view of a city
a view of an outdoor space and a yard
a view of a lake with a big yard
a view of a city

Description

Rare opportunity to own 217 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. There is gentle topography on the majority of the property with no flood plain and minimal wetlands. The site also has over 2,400 feet of road frontage on JP Cave Rd, making this an excellent site to develop. 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....Rare opportunity to own 217 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. There is gentle topography on the majority of the property with no flood plain and minimal wetlands. The site also has over 2,400 feet of road frontage on JP Cave Rd, making this an excellent site to develop. 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 located in the Sherman sewer CCN and both the Pink Hill water CCN and Sherman water CCN. Water and sewer are roughly 2 miles to the west.
  1. Listed by Terrin Bertholf • TREC #0649544 • Bertholf Commercial Real Estate
  2. Listed by Noel Cobb • TREC #0742652 • Bertholf Commercial Real Estate

Property Details for 216-acres JP Cave Road

Subdivision Name
G-0425 FOX JAMES A
Zoning Description
Located partially in Sherman ETJ and partially in County
LISTING UPDATED: 02/24/2026 10:10 PM

Property Details for 216-acres JP Cave Road

StatusActive
MLS #21173223
Days on Market46
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLots & Acreage / Unimproved Land
Year Built-
Lot Size216.00 AC
CountyGrayson County
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Location

Listing Courtesy of Bertholf Commercial Real Estate, Terrin Bertholf; Bertholf Commercial Real Estate, Noel Cobb
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Building Information for 216-acres JP Cave Road

Lot Size216.00 AC

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$29,911 per month

30 year fixed, 6.46% Interest

Principal and Interest

$29,911

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HOA Dues

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Property Information for 216-acres JP Cave Road

Summary
Location and General Information
  • Directions: This property is located to the south of 1034 JP Cave Rd. Driving east on Hwy 56, turn south (right) on JP Cave Road. After roughly 3,500 ft, the property will be on your east (left).
  • Elementary School: Dillingham
  • Elementary School Name: Dillingham
  • High School: Sherman
  • High School Name: Sherman
  • Middle School: Sherman
  • School District: Sherman ISD
  • Geocode Confidence: High
  • Latitude: 33.62
  • Longitude: -96.53
  • State: Texas
Taxes and HOA Information
  • Association Type: None
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Interior and Exterior Features
Exterior Features
  • Number Of Tanks And Ponds: 4
  • Waterfront: No
Property
Utilities
  • Utilities: All Weather Road, Asphalt, Outside City Limits
Property and Assessments
  • AG Exemption: Yes
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Loan Type: Treat As Clear
  • Restrictions: None
  • Documents Available: Aerial Photo
  • Property Match: APN
Lot Information
  • Development: Unzoned
  • Easements: Electric, Pipeline
  • Frontage Feet: 2450
  • Lot Features: Acreage, Agricultural, Cleared, Level, Pasture
  • Lot Size: Over 100 Acres
  • Lot Size Acres: 216.0
  • Lot Size Area: 216.0
  • Lot Size Source: Other
  • Lot Size Units: Acres
  • Lot Size Square Feet: 9408960.0
  • Multi Parcel ID: Yes
  • Parcel Number: 122309
  • Parcel Number 2: 125913, 122076, 122075, 391296, 125906
  • Road Frontage: County Road, FM Road
  • Topography: Mostly level north of FM 697 and sloping south of FM 697.
  • Current Use: Agricultural, Pasture
  • Road Surface Type: Asphalt
Farm Information
  • Vegetation: Cleared, Grassed, Partially Wooded

Property History for 216-acres JP Cave Road

DateEvent & SourcePriceAppreciation
Feb 24, 2026

Listed (Active)

NTREIS #21173223

$5,940,000—
DateEvent & SourcePrice
02/24/2026

Listed (Active)

NTREIS #21173223

$5,940,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 216-acres JP Cave Road

This home is within Sherman Independent School District.
Rating
School
Type
Grades
Distance
Crutchfield Elementary School
Public - K to 5
Piner Middle School
Public - 6 to 8
Sherman High School
Public - 9 to 12
Jefferson Learning Center
Public - 10 to 12
Rating
School
Distance
Crutchfield Elementary School
PublicK to 5

Piner Middle School
Public6 to 8

Sherman High School
Public9 to 12

Jefferson Learning Center
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 216-acres JP Cave Road, Sherman, TX 75090

216-acres JP Cave Road is a 216 ac of land for sale in Sherman, TX 75090. This property was listed for sale on February 24, 2026 by Bertholf Commercial Real Estate, it's currently listed at $5,940,000. This listing's school district is Sherman Independent School District. Nearby schools include Crutchfield Elementary School, Piner Middle School and Sherman High School. 216-acres JP Cave Road is a 0-bed, 0-bath, 216 ac of land on a 9,408,960 sq. ft. / 216 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bertholf Commercial Real Estate, Terrin Bertholf; Bertholf Commercial Real Estate, Noel Cobb

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 02/24/2026 10:10 PM