$8,000,000

TX-56 Mitchell Rd Sherman, TX 75090

68.0 acres
Land

Property details

About TX-56 Mitchell Rd

Utilities – City water (pink water company Sherman) and City Sewer. Note that Sewer is combination of Onsite & Offsite  solution, end to end implemented by Sewer solution company in accordance with TCEQ & City guidelines, we will hand-over the study, cost and introduce the company. Multiple access road 1) Frontage 3-acre parcel in Hwy 56 2) Thru Private road Mitchell road 3) Bode Road private road 4) Buyer can also purchase a private access from another parcel, which connects hwy 56 & this property, estimated cost $400k to $600k, as required.    Property includes 7 acres of flood plain area, as long as we carve out that as green space and no development., no US army core or any special approvals required. All the trees in the property is cut, hauled and property is fully cleaned and rough graded, It is mowed and well kept. Status: Residential Zoned and it is not yet permitted, part of Sherman ETJ. Buyer will pay for the number of lots in City support letter and Buyer will be responsible for taking it to full entitlement, It is priced for Quick sale as paper lot. If we lose some lot’s during Civil engineering stage, then Buyer can adjust that to the Seller note carry. Sherman is home to Texas Instruments, with a new $30 billion fabrication plant coming next year that could support 3,000 direct jobs over time. Conveniently located between US Hwy 75 & Texoma Pkwy. Other employers in Sherman include Tyson Foods, GlobiTech, Finisar, Emerson, Royal Case, Kaiser Aluminum, and Sunny Delight

Highlights

Home typeUnimproved Land
StatusActive
Lot size68 Acres
MLS #20758426

Virtual tour

Summary

  • List Price: $8,000,000
  • Directions: Follow GPS
  • Lot Size: 68 Acres
  • MLS Number: 20758426
  • MLS Name: NTR
  • Office Name: My Dream Home Helpers Realty
  • Office Phone: (214) 264-2737
  • Listing Agent: Abdul Jameel Abdur Rahman

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/29/2025, 5:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

caption unavailable

$8,000,000

TX-56 Mitchell Rd

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

Crutchfield Elementary School

Public District KG-5

2.3 mi

521 S Dewey Ave

3

Washington Elementary School

Public District KG-5

3.5 mi

815 S Travis St

4

Dillingham Elementary School

Public District KG-5

3.9 mi

1701 Gallagher Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,372. Typical income of Sherman, TX residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

22%
<35k
61%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
7%
Single, with Kids
48%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
15%
18-34 yrs old
46%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Bass Pro ShopsBass Pro Shops
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • Hardee'sHardee's
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • GMCGMC
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • Classic CountryClassic Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About TX-56 Mitchell Rd

The listing price of TX-56 Mitchell Rd property is $8,000,000.

The property TX-56 Mitchell Rd is land located in Sherman, Texas, 75090.

Active Listing: TX-56 Mitchell Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for TX-56 Mitchell Rd are: Crutchfield Elementary School (GreatSchools Rating 3/10), Washington Elementary School (GreatSchools Rating 3/10), Dillingham Elementary School (GreatSchools Rating 4/10), Sherman Middle School (GreatSchools Rating 4/10), Piner Middle School (GreatSchools Rating 5/10), Scott Middle School (GreatSchools Rating 4/10), Sherman High School (GreatSchools Rating 5/10), Pathways High School (GreatSchools Rating 3/10), Perrin Learning Center (GreatSchools Rating 1/10).

The property TX-56 Mitchell Rd is 68 acres.

This home is located at TX-56 Mitchell Rd in Sherman, TX and zip code 75090. Features: 0 bathroom. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $8,000,000.

Between February and March 2025, Sherman, TX real estate market has seen increase in the number of listings by 16.7%. In March 2025, listings were on the market for 91 days. During the same period, the median list price in this real estate market was $306,997.

From Rocket Homes Real Estate and based on county public records data.

More resources