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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
    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!
    1 day
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    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

        DateEventPrice
        10/7/2026Listed for sale$2,256,000
        Source: NTREIS #21403358 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75090

        Getting around

        7 / 100
        Car-Dependent
        26 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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