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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
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Lot Features

Lot Information:

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

School Info

Assigned Schools Information:

  • Tom Bean High School, Public District Grades 9-12
  • Tom Bean Middle School, Public District Grades 6-8
  • Tom Bean Elementary School, Public District Grades PK-5

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
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Housing Market Comparison

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

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Sherman, TX

City

Med. List Price

$309.9K

Med. Price/SqFt

$174

Avg. Days On Market

90

# of Sold Homes

48

TBD Fm 697 vs Sherman

85 DAYS ON ROCKET

-5 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.


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Last updated on: 11/5/2024, 6:21:08 PM 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

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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.

Elementary School

school-card-donut-2099208
6
/10

  • Tom Bean Elementary School

  • 105 Eubanks

  • 3.90 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2099209
5
/10

  • Tom Bean Middle School

  • 289 Franklin Rd

  • 3.25 miles

  • Public District Grades 6-8

High School

school-card-donut-2099210
4
/10

  • Tom Bean High School

  • 7719 State Hwy 11

  • 3.32 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,009. Typical income of Sherman, TX residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of 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.

What are the assigned schools for this property?

The assigned schools for TBD Fm 697 are:
Tom Bean Elementary School: GreatSchools Rating 6/10
Tom Bean Middle School: GreatSchools Rating 5/10
Tom Bean High School: GreatSchools Rating 4/10

How much acreage is this property?

The property TBD Fm 697 is 606.50 acres.
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Rocket Homes›Texas›Grayson County›Sherman›75090›TBD 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.

The number of homes for sale in Sherman, TX increased by 9.3% between September 2024 and October 2024. Listings spent 90 days on the market in October 2024, and had a median list price of $309,900 during the same period.

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

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