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115 Ac Flanary Rd
Sherman, TX 75092
115.30 AC Flanary Rd, Sherman, TX 75092 · Land For Sale · 115.30 AC

INVESTMENT HIGHLIGHTS

  • Location
  • Rapid Growth Area
  • Accessibility

PROPERTY FACTS

Property Type Land
Property Subtype Agricultural
Proposed Use
Commercial
  • Industrial
  • Mixed Use
  • Multifamily
  • Distribution
  • Hold For Development
  • Hold For Investment
  • Single Family Development
Total Lot Size 115.30 AC

DESCRIPTION

115.30 Acres in the City of Sherman with approximately 2083 ft road frontage. Located just West of US 75 and South of FM 1417 on Flanary Rd within close proximity to South Sherman Growth Areas to the West, East and North of the property. New growth area includes New High School, Medical, Entertainment Center, Housing, and Retail and Food Establishments completed or near completion, as well as multiple large mixed use master planned developments within close proximity. Current use is Agriculture - Pastures, some cultivation, tree lined, and wooded area. Choctaw Creek borders the south side and BNSF Railroad right of way is through property. City of Sherman Utilities are accessible. Possible Development Incentives Available. *Per City of Sherman, Jan 2019, engineering contract was approved for the designs to improve and expand a portion of Flanary Rd and Progress Drive allowing for further development in the area. The future plan for Flanary Rd is to expand to a 4 lane divided roadway. The 2018 Master Thoroughfare Plan indicates the continued expansion of Flanary Rd to the south and is constituted as a minor arterial. Per City of Sherman- Flanary Rd will connect with the new Moore St extension which will be a four lane divided roadway and is set to begin construction in the beginning of 2021. Moore St will run from between the new Sherman High School and a 620 Acre Planned Development to FM 1417 (Heritage Parkway) and will be directly across from Flanary Rd. The New Sherman High School located at the new West Travis and Moore Streets is scheduled to open in January 2021. Announcement of New Hospital for the area was made in January 2021 with expected completion of 2023.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 125323
  • 125324
Land Assessment
$4,474
Improvements Assessment
$0
Total Assessment
$4,474
  • Listing ID: 11325000

  • Date on Market: 1/21/2018

  • Last Updated:

  • Address: 115 Ac Flanary Rd, Sherman, TX 75092

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