This tract in Grayson County, Texas, offers acreage with features suitable for development, investment, or continued agricultural use. Its location near Sherman places it within reach of major transportation corridors and community services while providing open space and natural topography. The property includes approximately 250 feet of road frontage, supporting access and potential entry points. Public water and electricity are available along the road, allowing future improvements to connect with existing utilities. The land is partially AG exempt, which may provide a tax advantage for qualifying agricultural use. Rolling hills create a landscape that allows for visibility across the area and flexible land planning. The terrain, along with utility access, makes the tract adaptable for a range of uses, including home sites, continued agricultural activity, or commercial development aligned with local planning requirements. Location is a defining characteristic of this property. The land is approximately 2 miles from Highway 11, 3 miles from Highway 75 and the Texas Instruments facility, and 14 miles from Highway 82. Downtown Sherman is located about 8 miles from the property, and downtown Denison is about 20 miles away. This proximity places the tract within the path of growth occurring around Sherman and along expanding Highway 11, where both residential and commercial activity is increasing. The property’s features include its manageable size, available utilities, and water source. The road frontage improves access, and the topography provides options for land use planning. With its location in a growing part of North Texas, this tract presents an opportunity to own land with both current utility and long-term potential. This property is a candidate for a range of uses, from continued agricultural exemption and livestock support to development consistent with the surrounding growth.
Vacant landProperty Type
5.63 acresLot Size
$69,272Price/Acres
Listed by Corey Baumann• Whitetail Properties Real Estate
Future Corner acreage situated less than 2 miles from U.S. 75 at the future intersection of Shepherd Rd & Bennett Rd (per Grayson County 2020 Thoroughfare Plan). Over a half mile of existing road frontage on Bennett Rd. Close to Texas Instruments which recently broke ground on its new semiconductor fabrication plants. Investment potential: $30 billion and could create up to 3,000 jobs over time. Also near Shepherd’s Crossing, a proposed 532-acre master-planned, mixed-use community featuring residential lots, retail, urban living, office and restaurants within a walkable interconnected environment. Other employers nearby include Tyson Foods, Finisar, Emerson, Royal Case, Kaiser Aluminum, Sunny Delight. No Flood Plain. Water & Electricity on site. Ag Tax Exemption & Ag Leased. 10 Mile Demographics (2021): Population (68,449), Daytime Pop. (67,876), Households (25,739) & Avg HH Income ($74,022). Divisible into approximately 53 acres on the north side and 55 acres on the south side.
NTREIS #20006629
Jun 22, 2022
Sold
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May 10, 2022
Pending
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Mar 24, 2022
Contingent
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Mar 11, 2022
Listed
$3,262,950
Just Over 108 acres in desirable Howe ISD and Sherman ETJ. About 5 minutes to TI and other large employers. Over one half mile road frontage on Bennett. Appears to have no 100 year flood plain. Great tract for investment and future development, can be easily subdivided due to long road frontage. 6 inch Luella water line in place. Will divide. Information deemed correct but not guaranteed.
As the MLS and public records start to fill up, we'll list the details here.
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Vacant Land
County
Grayson County
APN
128785
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Last updated by owner on Jun 2, 2026.
Sun exposure
100/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for TBD Bennett Rd
$346,856
$43K under list price of $390K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $280K to $512K.