Position your next venture in the direct path of North Texas’s rapid expansion. This spectacular 47-acre tract of premium raw land offers an unmatched combination of immediate financial advantages and massive long term development flexibility. Featuring expansive, high visibility road frontage along heavily traveled FM 902, the property serves as a blank canvas ready to be tailored to your vision. The land currently benefits from a valuable, active agricultural exemption, keeping your annual holding costs remarkably low while you finalize engineering, secure permits, or hold for future appreciation. While presently utilized for agriculture, its strategic location, level topography, and excellent accessibility make it an ideal candidate to be easily rezoned for commercial use. Whether your goal is to develop a retail center, establish a light industrial facility, construct a high demand storage complex, or capitalize on a mixed-use master plan, this acreage can accommodate it all.
For residential buyers and developers, this massive acreage also presents a rare chance to subdivide into premier ranchette lots or build a sprawling, private luxury estate within the highly regarded Tom Bean ISD. Free from restrictive city constraints and positioned perfectly within Grayson County, this raw land offers the space, freedom, and utility to execute a wide variety of profitable projects. Opportunities of this scale with such clear commercial versatility are becoming increasingly rare in this fast growing market. Don't wait to capitalize on the growth moving up the corridor—schedule your property tour today and claim your piece of Texas future!
Lot/land
$2,256,000
661 Fm 902, Sherman, TX 75090
--beds
--baths
47.07Acres
Unimproved Land
Built in ----
47.07 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Strategic locationLevel topographyExcellent accessibility
- 1 day
- 12
- 0
Zillow last checked:
Listing updated:
Listed by:
Mark Stevens 0758688 972-971-4016,
The Agency Frisco 469-971-3464
Source: NTREIS,MLS#: 21403358
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 47.07 Acres
- Features: Acreage
Details
- Parcel number: 129375
- Zoning description: Currently Agricultural
Utilities & green energy
- Utilities for property: Electricity Not Available
Community & HOA
Community
- Subdivision: G-0773 Morgan George A-G0773
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Tax assessed value: $218,553
- Annual tax amount: $2,959
- Date on market: 10/7/2026
- Cumulative days on market: 2 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $2,256,000 |
Source: NTREIS #21403358 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,263 -10.6% | $195,089 +10% |
| 2024 | $1,413 +57.7% | $177,354 +27.7% |
| 2023 | $896 -46.9% | $138,867 +10% |
| 2022 | $1,687 +24.6% | $126,243 +73.1% |
| 2021 | $1,355 | $72,910 -83.4% |
| 2020 | -- | $438,480 -36.2% |
| 2019 | -- | $686,736 +532.4% |
| 2018 | -- | $108,600 +8% |
| 2017 | -- | $100,521 +0.5% |
| 2016 | -- | $99,983 +12.7% |
| 2015 | -- | $88,731 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75090
Nearby schools
Schools provided by the listing agent
- Elementary: Tom Bean
- Middle: Tom Bean
- High: Tom Bean
- District: Tom Bean ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



