56 Mitchell Road
Sherman, TX 75090

*Seller is offering a seller note $1M for 12 months, if closed within 45 days. Purchase Price: $3.9M, Cash at Closing: 2.9M for faster closing*An excellent opportunity to develop 68 acres of land in Sherman's ETJ for single-family residential. The property is easily accessible from HWY-56 and is close to Texas Instruments. The seller has submitted zoning and platting to Grayson County; approval is expected within 90 days. The number of large tracts of land for sale is limited, and yet they are only a few minutes from shopping, dining, and medical facilities. TI is investing $30 bn in a fab facility, while GlobiTech is investing $5 bn.Finisar, an Apple supplier, is bringing more jobs to Sherman and making it one of the fastest growing cities in TX.It is located near the DFW metroplex & takes less than an hour.There is pink hill water supply & electricity available. Oncor Electric Lines, Gas Pipelines and Water Line available. It conveys with 3 parcels-122302, 230795, 390137.