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TX-56 & Mitchell Rd
Sherman, TX 75090

$8,000,000 USD

Land For Sale  •  68 AC

Property Details

  • Property Type Land
  • Lot Size 68 AC
  • Zoning Residential
0 Transit Score
0 Walk Score

Highlights

TX 56 & Mitchell Road is a 68-acre tract zoned for single-family residential development currently priced around $20,000 per speculative lot.
Space for 400 lots, given a mix of 40’ by 100’ and 50’ by 100’ lots, utility approval for all lots is underway and to be completed prior to sale.
Invest in a booming area as the number of households within a 10-mile radius grew by 7.2% from 2020 to 2024 and is set to rise another 14% by 2029.
Conveniently placed within 10 minutes of Austin College, Tyson Foods, Wilson N Jones Medical Center, Albertsons, over 50 restaurants, and much more.
Positioned for emerging economic sectors with Texas Instrument’s new 4.7-million-square-foot semiconductor campus 10 miles or 13 minutes away.
Seller financing for up to 35% of the purchase price. Buyer responsible for entitlement. Adjustable seller note carry for lost lots during planning.
Abdul Jameel Abdur Rahman 682-277-3375 J2S HOMES LLC
Abdul Jameel Abdur Rahman 682-277-3375 J2S HOMES LLC