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$10,031,868
6 Days On Site

4381 N Loy Lake Road
Sherman, TX75092

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
3,112
SqFt
$3,224
/SqFt
1976
Built
Subdivision:
G-1553
County:
Grayson
Call Now: 214-727-3686
Is this the listing for you? We can help make it yours.
214-727-3686
4381 N Loy Lake Road4381 N Loy Lake Road4381 N Loy Lake Road4381 N Loy Lake Road
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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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Listing Snapshot
Price 
$10,031,868
Days On Site 
6 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,112 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
23.03 Acres
Year Built 
1976
MLS® Number 
21368995
Status 
Active
Property Tax 
$7,711
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
7 days agoListing first seen on site
General Features
Acres 
23.03
Number Of Stories 
1
Property Sub Type 
Unimproved Land
Sewer 
Public SewerSeptic Tank
Special Circumstances 
Standard
SqFt Total 
3112
Utilities 
Electricity Connected
Water Source 
Public
Zoning 
Commercial
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Exterior Features
Lot Features 
Many Trees
Road Frontage 
City StreetHighway
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalOwner Will Carry
Listing courtesy of ROBIN PHILLIPS of PARAGON, REALTORS [email protected]



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Last checked: 2026-09-08 09:04 AM CDT

Neighborhood & Commute
Source: Walkscore
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