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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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661 Fm 902 , Sherman, TX 75090
$2,256,000
Est. Payment: $12,487.45/mo
47.07 Acres
Status: active | Days on site: 3
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House Description

Position your next venture in the direct path of North Texas’s rapid expansion. This spectacular 47-acre tract of premium raw land offers an unmatched combination of immediate financial advantages and massive long term development flexibility. Featuring expansive, high visibility road frontage along heavily traveled FM 902, the property serves as a blank canvas ready to be tailored to your vision. The land currently benefits from a valuable, active agricultural exemption, keeping your annual holding costs remarkably low while you finalize engineering, secure permits, or hold for future appreciation. While presently utilized for agriculture, its strategic location, level topography, and excellent accessibility make it an ideal candidate to be easily rezoned for commercial use. Whether your goal is to develop a retail center, establish a light industrial facility, construct a high demand storage complex, or capitalize on a mixed-use master plan, this acreage can accommodate it all. For residential buyers and developers, this massive acreage also presents a rare chance to subdivide into premier ranchette lots or build a sprawling, private luxury estate within the highly regarded Tom Bean ISD. Free from restrictive city constraints and positioned perfectly within Grayson County, this raw land offers the space, freedom, and utility to execute a wide variety of profitable projects. Opportunities of this scale with such clear commercial versatility are becoming increasingly rare in this fast growing market. Don't wait to capitalize on the growth moving up the corridor—schedule your property tour today and claim your piece of Texas future!

Highlights

Listed by Mark Stevens , The Agency Frisco , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
47.07

County

Grayson

Neighborhood

G-0773 Morgan George A-G0773

School District

Tom Bean ISD

Listing ID

21403358

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Interior Features

Exterior Features

Lot:Acreage,10 to < 50 Acres
Zoning:Currently Agricultural
Principal Interest
$12,487
Taxes
$247

Home Price

$2,256,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$451,200
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,487.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,487.45 $246.58 $0.00 $12,734.04
Yearly $149,849.44 $2,959.00 $0.00 $152,808.44
Total $4,495,483.20 $88,770.00 $0.00 $4,584,253.20

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Sherman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T20:06:31.543Z

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