101 Fm-691

Sherman, TX 75090
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88.00 Lot Acres
Land / Unimproved Land

Audio narrative

Description

The subject property, spanning 88.15 acres of vacant land within Denison's Extraterritorial Jurisdiction, is set for a transformative mixed-use development. This prime location is ideal for a comprehensive plan that allocates 12 acres to commercial ventures along FM-691(parcel number 115340) offering excellent frontage and accessibility for businesses that will enhance the local economy and provide conveniences to residents. The remaining land will be developed into a residential community, potentially featuring townhomes and single-family homes, meeting diverse housing needs. Once full approval of the entitlements is received, the property can possibly be annexed into the City of Denison and zoned accordingly, paving the way for development to begin. Located close to North Texas Regional Airport. Tons of development happening in this area and so much opportunity for more! Located near the North Texas Regional Airport, Grayson College, and tons of development going on in the area.

MLS#
NTREIS-20670607
List Price
$6,000,000
Listing Status
For Sale
Address
101 Fm-691
City
State
TX
Zip Code
Subdivision
NA
Legal Description
G-0464 GOODE BEN J A-G0464, ACRES 79.868
Property Type
Land / Unimproved Land
Lot Size
88.00 Lot Acres/Appraisal District

Exterior

Lot Description
Acreage, Cleared
Easements
Electric, Natural Gas, Water Lines
Utility
Other

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Property tax

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

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Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Jul 11, 2024 at 02:08 PM
Listing last updated Jul 11, 2024 at 12:28 PM
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101 Fm-691, Sherman, TX 75090. View photos, map, tax, nearby homes for sale, home values, school info...

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