4 months on rocket

Backup Offers

TBD Fm 697, Sherman, TX, 75090

$18,900,000

606.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #20700615
Lot Size606.50 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About TBD Fm 697

Rare opportunity to own 606.5 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. This site has approximately 11,000ft of road frontage and borders three road: FM 697 on two sides, JP Cave Rd and Independence Springs. There is gentle topography on the majority of the property and some flood plain located on the very south side of the property along the southern border. 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 partially in Pink Hill water CCN and partially in Sherman's water CCN and fully in Sherman's sewer CCN. Water and sewer are roughly 2 miles to the west.

Property Details

Property Features

Listing Office:

  • Office Name: Bertholf Commercial Real Estate
  • Office Phone: (903) 267-1573
  • Listing Agent: Terrin Bertholf

Virtual/3D Tour

  • Virtual Tour: TBD Fm 697
Virtual Tour

Lot Features

Lot Information:

  • Lot: Agricultural, Cleared, Level, Pasture
  • Lot Size: 606.50 Acres

Other

Directions Information:

  • Directions: The nearest address you can search in GPS to find this location is 2773 FM 697 SHERMAN, TX. Driving north on Hwy 11, turn east onto FM 697 and drive for about two miles and the property will be on the north and south side of the road. See attachments for the flyer which will show you the site.

Price Information

Listing Price Info

Price Summary:

  • List Price: $18,900,000
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Sherman, TX.

Med. List Price

$310K

Med. Price/SqFt

$173

Avg. Days On Market

92

# of Sold Homes

31

TBD Fm 697 vs Sherman

132 DAYS ON ROCKET

+40 Days

$18,900,000

+$18.5M More

KEY TAKEAWAY

This property is $18.5M more than the Median List Price in Sherman, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20700615

Listing Office:

  • Office Name: Bertholf Commercial Real Estate
  • Office Phone: (903) 267-1573
  • Listing Agent: Terrin Bertholf

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 12/23/2024, 11:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$94.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$56.7K

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1187153
6
/10
  • Tom Bean Elementary School

  • 105 N Eubanks

  • 3.89 miles

  • Public District Grades PK-5

school-card-donut-1187154
7
/10
  • Bells Elementary School

  • 110 Scott Rd

  • 6.67 miles

  • Public District Grades PK-5

school-card-donut-1187155
2
/10
  • Crutchfield Elementary School

  • 521 S Dewey Ave

  • 6.97 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,009. The most common annual income of people living in Sherman, TX is between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About TBD Fm 697

What is the listing price of this property?

The listing price of TBD Fm 697 property is $18,900,000.

What type of property is this?

The property TBD Fm 697 is land located in Sherman, Texas, 75090.

Is this property for sale now?

Accepting Backup Offers: TBD Fm 697 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How much acreage is this property?

The property TBD Fm 697 is 606.50 acres.
Rocket Homes logo

Interested in TBD Fm 697? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesTexasGrayson CountySherman75090TBD Fm 697

This home is located at TBD Fm 697 in Sherman, TX and zip code 75090. This home sits on a 606.50 acre lot. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $18,900,000.

In November 2024 in Sherman, TX there were 5.6% more homes for sale than in October 2024. In November 2024, listings were on the market for 92 days. During the same period, the median list price in this real estate market was $310,000.

From Rocket Homes Real Estate and based on county public records data.

More Resources