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4381 N Loy Lake Road

Sherman, TX 75092
  • $10,031,868
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 21368995
UPDATED: 65 min ago
$10,031,868
  • 0
    BEDS
  • 23.03
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1976
County:
Area:

School Ratings & Info

Offered by Robin Phillips of Compass RE Texas, LLC.: 903-893-8174.

Description

Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress. Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border.Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd.Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages.Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline.Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-08T08:43:31.327.
www.teamhodnett.com/homes/180755960
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4381 N Loy Lake Road Sherman, TX 75092

  • Price: $10,031,868
  • Status: Active
  • On Site: 36 Days
  • Updated: 65 min ago
  • MLS #: 21368995
0
Beds
0
Baths
0
½ Baths
23.03
Acres
1976
Built
Neighborhood:
G-1553
County:
Grayson
Area:
Sherman
Property Description
Prime 23-Acre Development Tract with Hwy 75 Frontage – Sherman, Texas Capitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress. Strategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border.Favorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd.Maximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages.Ready for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline.Whether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentives to maximize your return on investment. Contact us today to review the survey and secure this exceptional piece of the Texas growth engine.
Exterior Features

Lot Description AcreageMany Trees Lot Size Source Assessor Road Frontage Type City StreetHighway Waterfront YN No

Interior Features

Sq Ft Gross 1003186

Property Features

Building Area Source Assessor Building Area Total 3112.00 Construction Status Preowned Listing Terms 1031 ExchangeCashConventionalOwner Will CarryOther Multi Zoning No Municipal Utility District No Possession Negotiable Property Type Unimproved Land Special Notes Aerial PhotoSurvey Available Transaction Includes Land & Improvements Unexempt Taxes 7711 Utilities City SewerCity WaterElectricity ConnectedOverhead UtilitiesSeptic Will Subdivide No Zoning Commercial

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-08T08:43:31.327.
 
https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_21368995-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_21368995-2.jpg https://bt-photos.global.ssl.fastly.net/ntreis/orig_boomver_1_21368995-2.jpg
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Team Hodnett | Keller Williams Realty
2106 E State Highway 114, Suite 101
Southlake TX, 76092
Offered by Robin Phillips of Compass RE Texas, LLC.: 903-893-8174.