Discover an outstanding investment opportunity in one of North Texas's rapidly growing areas! Located on Hazelwood Road in Grayson County, Texas, this 27.48 acre property offers flat, usable ground with paved road frontage and future development potential. The property consists of flat, open pastureland that is fully fenced and features approximately 905 feet of paved road frontage along Hazelwood Road. Its level terrain and open layout provide flexibility for a variety of potential uses, including residential development, agricultural operations, or a long-term investment. Two ponds add to the property's appeal, while an existing agricultural exemption helps minimize holding costs. Situated in the path of Sherman's continued expansion, the property is approximately 11.6 miles from the Texas Instruments SM1 semiconductor facility. With significant investment and continued growth throughout Grayson County, this tract offers an attractive opportunity for investors and developers looking to establish a presence in the North Texas market. Whether you're looking for a future development opportunity, a long-term land investment, or a versatile piece of property in a growing area, this 27.48 acre tract is worth a look. The property is conveniently located approximately 1.62 miles from Highway 82, 8.4 miles from Whitesboro, 8.8 miles from downtown Sherman, and 60.6 miles from Dallas. Disclaimer: The boundary lines shown are approximate and are provided for general reference only. Arrowhead Land Company makes no representations or warranties, express or implied, as to the accuracy, completeness, or reliability of those property lines. Buyers are advised to obtain an independent survey to verify exact property boundaries.
Sale and tax history for TBD Hazelwood Unit Tract 2
Sale History
Tax History
Date
Event
Price
NTREIS #21412552
Oct 15, 2026
Listed
$741,960
As the MLS and public records start to fill up, we'll list the details here.
Public record
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Style
Vacant Land
County
Grayson County
APN
120639
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Last updated by owner on Oct 15, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
8% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 22 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Sherman, TX • 75092
Average low and high temperatures (°F)
52
32
63
40
74
52
75
58
81
63
88
73
94
75
91
73
88
67
81
59
70
49
60
41
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Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Sherman. 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 Hazelwood Unit Tract 2
$686,794
$55K under list price of $742K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $275K to $729K.