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Tx-56 Mitchell Road, Sherman, TX 75090

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For Sale

$8,000,000

68 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 68 acres
    Lot size

Explore this Property

Utilities City water (pink water company Sherman) and City Sewer. Note that Sewer is combination of Onsite & Offsite  solution, end to end implemented by Sewer solution company in accordance with TCEQ & City guidelines, we will hand-over the study, cost and introduce the company. Multiple access road 1) Frontage 3-acre parcel in Hwy 56 2) Thru Private road Mitchell road 3) Bode Road private road 4) Buyer can also purchase a private access from another parcel, which connects hwy 56 & this property, estimated cost $400k to $600k, as required. Property includes 7 acres of flood plain area, as long as we carve out that as green space and no development., no US army core or any special approvals required. All the trees in the property is cut, hauled and property is fully cleaned and rough graded, It is mowed and well kept. Status: Residential Zoned and it is not yet permitted, part of Sherman ETJ. Buyer will pay for the number of lots in City support letter and Buyer will be responsible for taking it to full entitlement, It is priced for Quick sale as paper lot. If we lose some lot s during Civil engineering stage, then Buyer can adjust that to the Seller note carry. Sherman is home to Texas Instruments, with a new $30 billion fabrication plant coming next year that could support 3,000 direct jobs over time. Conveniently located between US Hwy 75 & Texoma Pkwy. Other employers in Sherman include Tyson Foods, GlobiTech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight
MLS# 20758426

Courtesy Of My Dream Home Helpers Realty, Listed By Abdul Jameel Abdur Rahman

(214) 264-2737

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    68 Acres

Map and Directions

Directions to Tx-56 Mitchell Road, Sherman, TX 75090

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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