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Grayson, US
Property is located less than a quarter of a mile off of 1-75 in Sherman, TX at the corner of FM 691 and Swamy Drive. Situated between I75 and Texoma Pkwy, this property is perfect for your Mixed Use, Retail or Commerical development. It is also due south of the Texoma Medical Center and less than 12 miles to Texas Instruments and GlobiTech. This is an ideal location for a development or future investment opportunity. Perfect for a 90 Room hotel, 20,000 sf medical plaza or senior living center. Can be divided into two 1.2-acre pad sites. Also available for land lease.
Courtesy Of: SRC Local Markets, LLC
Public Schools
- School District:
- Denison ISD
- Elementary School:
- Hyde Park
- Middle School:
- Henry Scott
- High School:
- Denison
Exterior Features and Amenities
- Lot Features:
- Cleared
- Lot Size:
- 1 to < 3 Acres
- Lot Size Area:
- 2.4230
- Lot Size Units:
- Acres
- Subdivision Name:
- Dr Swamy Add III
Utility Information
- Utilities:
- City Sewer,City Water
Financial
- Tax Legal Description:
- DR SWAMY ADDN III REPLT LT 5 BLK A & DR SWAMY
- Unexempt Taxes:
- $26,267.00
Other Features
- Easements:
- Access,Utilities
- Intermediate School Name:
- Mcdaniel
- Parcel Number:
- 402997
- Possession:
- Closing/Funding
- Restrictions:
- No Known Restriction(s)
- Surface Rights:
- Easement
- Will Subdivide:
- No
Directions
From Dallas, take I75 North to North Hwy 75 in Sherman. Take exit 65 to Grayson Drive. Turn right on Grayson Drive and follow to Swamy Drive.
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Data last updated: 2026-05-26.
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