Tx-56 Mitchell Road

Sherman, TX 75090

$2,990,000
Price
2,962,080 / 68
Lot Size / Acres

Description

Reduced price! Seller is looking for a quick exit. Reduced the price to $2.99M from $3.99M
An excellent opportunity to develop 68 acres of land in Sherman's ETJ for single-family residential. The property is easily accessible from HWY-56 and is close to Texas Instruments. The seller has submitted zoning and platting to Grayson County; approval is expected within 90 days. The number of large tracts of land for sale is limited, and yet they are only a few minutes from shopping, dining, and medical facilities.
...Reduced price! Seller is looking for a quick exit. Reduced the price to $2.99M from $3.99M

An excellent opportunity to develop 68 acres of land in Sherman's ETJ for single-family residential. The property is easily accessible from HWY-56 and is close to Texas Instruments. The seller has submitted zoning and platting to Grayson County; approval is expected within 90 days. The number of large tracts of land for sale is limited, and yet they are only a few minutes from shopping, dining, and medical facilities. TI is investing $30 bn in a fab facility, while GlobiTech is investing $5 bn.  Finisar, an Apple supplier, is bringing more jobs to Sherman and making it one of the fastest growing cities in TX.  It is located near the DFW metroplex & takes less than an hour.  There is pink hill water supply & electricity available. Oncor Electric Lines, Gas Pipelines and Water Line available. It conveys with 3 parcels-122302, 230795, 390137.
  1. Listed by Abdul Jameel Abdur Rahman • TREC #0738887 • My Dream Home Helpers Realty • 214-264-2737

Property Details for Tx-56 Mitchell Road

Subdivision Name
G-7619 - TRAILS END SUBDIVISION
Zoning Description
Residential zoning

Location

Listing Courtesy of My Dream Home Helpers Realty, Abdul Jameel Abdur Rahman
Add your commute
LISTING UPDATED: 04/28/2024 01:24 PM

Property Details for Tx-56 Mitchell Road

StatusActive
MLS #20537743
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built-
Lot Size68.00 AC
CountyGrayson County

Location

Listing Courtesy of My Dream Home Helpers Realty, Abdul Jameel Abdur Rahman
Add your commute

Building Information for Tx-56 Mitchell Road

Lot Size68.00 AC

Payment Calculator

$16,318 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,318

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for Tx-56 Mitchell Road

Summary
Location and General Information
  • Directions: Follow GPS
  • Elementary School: Jefferson
  • Elementary School Name: Jefferson
  • High School: Sherman
  • High School Name: Sherman
  • Middle School: Piner
  • School District: Sherman ISD
  • Geocode Confidence: High
  • Latitude: 33.64
  • Longitude: -96.55
  • State: Texas
Taxes and HOA Information
  • Association Type: None
Virtual Tour
Property
Utilities
  • Utilities: Co-op Water, Electricity Available, Outside City Limits, Septic
Property and Assessments
  • AG Exemption: No
  • Exclusions: Minerals
  • Loan Type: Treat As Clear
  • Restrictions: No Restrictions, Other
  • Property Match: APN
Lot Information
  • Development: Zoned, Other
  • Easements: None
  • Lot Features: Acreage
  • Lot Size: 50 to =< 100 Acres
  • Lot Size Acres: 68.0
  • Lot Size Area: 68.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 2962080.0
  • Multi Parcel ID: No
  • Parcel Number: 230795

Property History for Tx-56 Mitchell Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near Tx-56 Mitchell Road

This home is within Sherman Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicPK to 4

Dillingham Intermediate School
Public5 to 6

Piner Middle School
Public7 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.

Similar Homes

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Tx-56 Mitchell Road is a 68 ac of land for sale in Sherman, TX 75090. This property was listed for sale on February 15, 2024 by My Dream Home Helpers Realty, it's currently listed at $2,990,000. This listing's school district is Sherman Independent School District. Nearby schools include Jefferson Elementary School, Dillingham Intermediate School and Piner Middle School. Tx-56 Mitchell Road is a 0-bed, 0-bath, 68 ac of land on a 2,962,080 sq. ft. / 68 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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of My Dream Home Helpers Realty, Abdul Jameel Abdur Rahman

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