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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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950 Old Ida Rd , Sherman, TX 75090
$1,883,750
Est. Payment: $9,698.36/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 124
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Take a look at this exceptional 68.502 acre property located in Sherman, in the heart of rapidly growing Grayson County. Situated at 950 Old Ida Rd, this tract offers a rare opportunity to secure a sizable piece of land in one of North Texas's most active expansion corridors. With clean paved road frontage, level topography, a water line and electricity along the road, this property presents a low-friction investment ready for immediate or future use. The land is primarily open pasture, allowing for maximum flexibility whether your vision is residential development, long-term holding, or strategic positioning for future growth. The Sherman area is experiencing significant momentum as development continues to push north along the U.S. Highway 75 corridor. Recent large-scale industrial and semiconductor investments have reshaped the region's growth trajectory, increasing demand for well-located acreage. This property sits just 22 miles from Preston Harbor, the massive mixed-use development coming to Denison that is expected to bring thousands of residents, retail, and commercial activity to the region — further validating the long-term demand story for well-located Grayson County land. Tracts of this size, with accessibility and infrastructure, are becoming increasingly scarce. Whether you're a developer, investor, or land buyer looking to get ahead of the curve, this 68.502 acre property offers a strong combination of location, usability, and long-term upside. Located just 15 minutes from Sherman, TX and approximately 1 hour and 8 minutes from DFW.

Highlights

Listed by Joseph Marzahl , Arrowhead Land Company , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
68.5

County

Grayson

Neighborhood

Na

School District

Tom Bean ISD

Listing ID

21247682

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Agricultural,Level,50 to =< 100 Acres
Zoning:NA
Principal Interest
$9,698
Taxes
$1,201

Home Price

$1,883,750

Loan Details

30 yrs
6.674%

Down Payment

20%
$376,750
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:
$9,698.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,698.36 $1,200.89 $0.00 $10,899.25
Yearly $116,380.36 $14,410.69 $0.00 $130,791.04
Total $3,491,410.71 $432,320.63 $0.00 $3,923,731.33

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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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: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems