0 Spalding RdSherman, TX 75092

Property Details for 0 Spalding Rd

Lot size

213.00 AC

Property type

Land

Property subtype

Farms

Description

Prairie View Estates presents a remarkable opportunity to acquire approximately 213 acres of prime residential land ideally situated at the southeast corner of Spalding Road and Frog Pond Road in Sherman, Grayson County, Texas, zip code 75092. This expansive property boasts a convenient location, less than six miles east of Whitesboro and twelve miles west of Sherman, offering a tranquil setting while maintaining proximity to urban amenities. Its strategic position, just sixteen miles south of the Oklahoma border and six miles southwest of Lake Texoma, enhances its appeal. The property enjoys direct access to Spalding Road and is surrounded by other active development projects, signifying a thriving and expanding area. The site is zoned for residential development and currently has 139 platted lots available. Final entitlements are nearing completion. Supporting the development potential are strong average household incomes within a five-mile radius ($99,986 within 1 mile, $97,787 within 3 miles, and $93,677 within 5 miles). High traffic counts on nearby TX-289 (6,788 VPD) and US-82 (20,796 VPD) ensure excellent visibility and accessibility. Utilities are largely in place, with water capacity approved for future development, electricity and natural gas readily available. Septic systems will be required. A comprehensive due diligence package, including engineering reports, site plans, surveys, topography data, and water information, is included with the property. The asking price for this exceptional development opportunity is $7,466,200. The property is outside city limits. APN numbers are 120606, 120614, and 120559.

Location Insight

City

Sherman

County

Grayson

State

Texas

Latitude

33.6582

Longitude

-96.812

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].