LKV Realty
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$5,500,000
$7,200Reward *
N. Loy Lake Rd. NWC of Loy Lake Road & Kerr Chapel Road Road, Sherman, TX 75092Listing ID 21359083

N. Loy Lake Rd. NWC of Loy Lake Road & Kerr Chapel Road Road, Sherman, TX 75092

Active
Not applicable
Time on site: 1 daysLast updated: 19 hours ago
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Unimproved Land
Acres
Acres
67.2
Days on Site
Days on Site
1

Northmarq is pleased to present Sherman 67 Development Site, (the, “Property”), a ±67.2-acre development opportunity located at the NWC of Loy Lake & Kerr Chapel Road in Sherman, Texas. Sherman is the County Seat of Grayson County, one of the fastest growing counties in Texas. The Site’s proximity to Collin County, the economic powerhouse immediately to the south that includes booming markets like Frisco, Prosper, Celina, McKinney, and Plano, positions it perfectly to capture the northward expansion of the DFW metroplex. The Property benefits from exceptional regional connectivity via US Highway 75, a six-lane freeway providing direct access to the heart of Dallas, with additional accessibility forthcoming through the $315 million Dallas North Tollway extension to Denison. Sherman, Texas offers an affordable, high quality of life with a strong sense of community and abundant recreational activities. Coupled with Sherman’s business-friendly environment and massive inbound investments from semiconductor giants like Texas Instruments and Global Wafers, Sherman 67 Development Site allows a developer to strategically capitalize on the increasing need for housing in one of North Texas’ most promising growth corridors. Locational Overview: Positioned just 40 miles north of Dallas, Sherman is an integral part of the expanding DFW metroplex., The city conveniently offers an ideal blend of small-town charm with direct access to big-city amenities. The Texoma Region, encompassing Grayson County, boasts an immediate workforce of over 71,000 and serves as a crucial growth corridor for North Texas. Major employment sectors include advanced manufacturing - particularly semiconductor production - logistics, healthcare, and education. The Texoma Region generates an annual GDP of $5.6 billion, with a population exceeding 148,000 residents.

Property Information

Property Details

Location

Address
N. Loy Lake Rd. NWC of Loy Lake Road & Kerr Chapel Road Road
County
Grayson
City
Sherman
Zip Code
75092
Subdivision
Not applicable
School District
Sherman ISD
High School
Sherman
Elementary School
Percy W Neblett

Financial

Special Conditions
Standard
William RosattiNorthmarq Multifamily, LLC, (972) 455-1943

Market Report for 75092

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.
North Texas Real Estate Information Systems, Inc. logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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