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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision G-1251 Toby Thomas A-G1251, Acres 6.96
MLS Listing ID 20837496
Sold Date 05/05/25
HOA Y/N None
Lot Size 20.760 Acres
Acres 20.76
Property Sub-Type Unimproved Land
Property Description
Seize this prime investment opportunity at 1415 N Collins Freeway, strategically positioned near Texas Instruments' groundbreaking $30 billion semiconductor campus—one of the largest economic developments in North Texas. With production set to begin as early as 2025, this massive project is bringing an influx of jobs, driving demand for commercial, multi-family, and mixed-use developments. This property offers exceptional visibility with Highway 75 and Highway 5 frontage, surrounded by rapid residential expansion, including Shepherd Place's 531-acre development with 937 single-family homes and 2,120 multifamily units. With booming growth in Howe, Van Alstyne, and South Sherman, this is a rare chance to capitalize on a surging market—secure your stake in Sherman's future today!
Location
State TX
County Grayson
Zoning C2 SF1
Direction Highway 75 to Fm 902 Highway 5. Land is between N Collins and Highway 5 across from High School.
Exterior
Utilities Available City Sewer, City Water
Street Surface Concrete
Garage No
Building
Lot Description Acreage
Schools
Elementary Schools Summit Hill
Middle Schools Howe
High Schools Howe
School District Howe Isd
Others
Restrictions Development
Ownership See Tax
Acceptable Financing 1031 Exchange, Cash, Contact Agent, Conventional, Owner Will Carry
Listing Terms 1031 Exchange, Cash, Contact Agent, Conventional, Owner Will Carry
Financing Cash
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Bought with Non-Mls Member • NON MLS