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Grayson, US
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.
Courtesy Of: MainStreet Venture Partners, L
Feature Highlights
- Multi Parcel ID
Public Schools
- School District:
- Sherman ISD
- Elementary School:
- Percy W Neblett
- Middle School:
- Sherman
- High School:
- Sherman
Exterior Features and Amenities
- Lot Features:
- Acreage,Few Trees,Pasture
- Lot Size:
- 10 to < 50 Acres
- Lot Size Area:
- 18.5600
- Lot Size Units:
- Acres
- Subdivision Name:
- John Jennings
Utility Information
- Utilities:
- City Water,Electricity Available,Sewer Available
Financial
- Tax Legal Description:
- G-0647 JENNINGS JOHN A-G0647, ACRES 16.3
- Unexempt Taxes:
- $15,891.00
Other Features
- Easements:
- Electric
- Parcel Number:
- 118649
- Possession:
- Closing/Funding
- Restrictions:
- Easement(s)
- Will Subdivide:
- No
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Data last updated: 2025-09-09.
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