tbd E Canyon Grove Rd

$2,250,000
Price
808,473 / 18.56
Lot Size / Acres

Description

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,...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.
  1. Listed by Ryan Clevenger • TREC #0781303 • MainStreet Venture Partners, L • (903) 276-2611

Property Details for Tbd East Canyon Grove Road

Subdivision Name
John Jennings
Zoning Description
Property is zoned Commercial and in an Opportunity Zone.
LISTING UPDATED: 09/08/2025 01:00 PM

Property Details for Tbd East Canyon Grove Road

StatusActive
MLS #21046661
Days on Market126
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built-
Lot Size18.56 AC
CountyGrayson County

Location

Listing Courtesy of MainStreet Venture Partners, L, Ryan Clevenger
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Building Information for Tbd East Canyon Grove Road

Lot Size18.56 AC

Payment Calculator

$11,118 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,118

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Tbd East Canyon Grove Road

Summary
Location and General Information
  • Directions: North on 75, exit US 82 W. Right on North Travis, right on Canyon Grove Rd.
  • Elementary School: Percy W Neblett
  • Elementary School Name: Percy W Neblett
  • High School: Sherman
  • High School Name: Sherman
  • Middle School: Sherman
  • School District: Sherman ISD
  • Geocode Confidence: High
  • Latitude: 33.68
  • Longitude: -96.62
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: G-0647 JENNINGS JOHN A-G0647, ACRES 16.3
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Waterfront: No
Property
Utilities
  • Utilities: City Water, Electricity Available, Sewer Available
Property and Assessments
  • AG Exemption: No
  • Loan Type: Treat As Clear
  • Restrictions: Easement(s)
  • Property Match: APN
Lot Information
  • Development: City Limits
  • Easements: Electric
  • Lot Features: Acreage, Few Trees, Pasture
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 18.56
  • Lot Size Area: 18.56
  • Lot Size Units: Acres
  • Lot Size Square Feet: 808473.6
  • Multi Parcel ID: Yes
  • Parcel Number: 118649
  • Parcel Number 2: 118648
  • Current Use: Unimproved

Property History for Tbd East Canyon Grove Road

DateEvent & SourcePriceAppreciation
Aug 29, 2025

Listed (Active)

NTREIS #21046661

$2,250,000
DateEvent & SourcePrice
08/29/2025

Listed (Active)

NTREIS #21046661

$2,250,000

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

Schools near Tbd East Canyon Grove Road

This home is within Sherman Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 5 to 6
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Percy W Neblett Elementary School
PublicPK to 5

Dillingham Intermediate School
Public5 to 6

Piner Middle School
Public6 to 8

Sherman High School
Public9 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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Tbd East Canyon Grove Road is a 18.56 ac of land for sale in Sherman, TX 75092. This property was listed for sale on August 29, 2025 by MainStreet Venture Partners, L, it's currently listed at $2,250,000. This listing's school district is Sherman Independent School District. Nearby schools include Percy W Neblett Elementary School, Dillingham Intermediate School and Piner Middle School. Tbd East Canyon Grove Road is a 0-bed, 0-bath, 18.56 ac of land on a 808,473 sq. ft. / 18.56 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 MainStreet Venture Partners, L, Ryan Clevenger

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: 09/08/2025 01:00 PM