$5,500,000

This 101-acre parcel is located in Sherman’s ETJ and is not currently inside the city limits, so it does not yet have a city zoning designation and continues to function in an agricultural-rural category until annexed and formally zoned by the City of Sherman. The tract lies in the Sherman ETJ at the southwest corner of Pleasant Home Road and Friendship Road, which means future zoning will be assigned at the time of annexation and development approval. Current marketing and surrounding land use support potential for residential or multifamily zoning in the future, but buyers should verify with the City of Sherman Planning and Zoning Department and review the current zoning map and ordinance for specific use permissions and development standards.