697 Fm, Sherman, TX 75090
UNDER CONTRACT
587 ACRES

697 Fm
Sherman, TX 75090

    $15,206,000

    Est. Mortgage $94,349/mo*
    Get Pre-Qualified

    $15,206,000

    Est. Mortgage $94,349/mo*
    Get Pre-Qualified
    (on 587 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Rare opportunity to own 587 acres in Sherman, TX located within 5 miles of US Hwy 75, Hwy 82 and downtown Sherman. This site has approximately 11,000ft of road frontage and borders three road: FM 697 on two sides, JP Cave Rd and Independence Springs. There is gentle topography on the majority of the property and some flood plain located on the very south side of the property along the southern border. This land is located in Sherman ISD and is partially in Sherman's ETJ and partially in the County. There are minimal easements on the property, and it is agriculturally assessed. The land is partially in Pink Hill water CCN and partially in Sherman's water CCN and fully in Sherman's sewer CCN. Water and sewer are roughly 2 miles to the west.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    108 days ago

    Home Details for 697 Fm

    Exterior Features

    Exterior Home Features
    Vegetation: Cleared, Grassed, Partially Wooded
    Frontage
    Road Frontage: County Road, Farm to Market Road, All Weather RoadRoad Surface Type: AsphaltNot on Waterfront

    Days on Market

    Cumulative Days on Market: 483Days on Market: 108

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: Agricultural, Cattle, Development, Grazing, Hunting, Investment, Pasture, Ranch, Residential, Recreational, Single FamilyParcel Number: 125926

    Price & Status

    Price
    List Price: $15,206,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active Under Contract

    Media

    Location

    Direction & Address
    City: ShermanCommunity: G-0425 FOX JAMES A
    School Information
    Elementary School: DillinghamElementary School District: Sherman ISDJr High / Middle School: ShermanJr High / Middle School District: Sherman ISDHigh School: ShermanHigh School District: Sherman ISD

    Agent Information

    Listing Agent
    Listing ID: 21172748

    HOA

    No HOA

    Lot Information

    Lot Area: 587 Acres

    Offer

    Listing Terms: Cash, Conventional, 1031 Exchange

    Miscellaneous

    Mls Number: 21172748Living Area Range Units: Square FeetZillow Contingency Status: Under ContractAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48181-N-125926-R-N
    Last check for updates: about 16 hours ago
    Listing courtesy of Terrin Bertholf 0649544
    Bertholf Commercial Real Estate, (903) 267-1573
    Noel Cobb 0742652, (903) 818-7946
    Bertholf Commercial Real Estate, (903) 267-1573
    Source: NTREIS, MLS#21172748
    Also Listed on NTREIS.

    Price History for 697 Fm

    DatePriceEventSource
    03/06/2026$15,206,000ContingentNTREIS #21172748
    02/06/2026$15,206,000Listed For SaleNTREIS #21172748
    02/02/2026$18,900,000ListingRemovedNTREIS #20700615
    08/14/2025$18,900,000Listed For SaleNTREIS #20700615
    08/01/2025$18,900,000ListingRemovedNTREIS #20700615
    07/09/2025$18,900,000PendingToActiveNTREIS #20700615
    06/30/2025$18,900,000PendingNTREIS #20700615
    10/30/2024$18,900,000ContingentNTREIS #20700615
    08/12/2024$18,900,000Listed For SaleNTREIS #20700615
    08/01/2024ListingRemovedNTREIS #20523562
    06/14/2024$19,089,000Listed For SaleNTREIS #20523562
    03/14/2024ListingRemovedNTREIS #20523562
    01/30/2024$23,937,000Listed For SaleNTREIS #20523562

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    3602 Ward Neal Rd, Bells, TX
    2.02
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    -
    10/10/25
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    7 Old Ida Rd, Sherman, TX
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    2.79
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    -
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    2.81
    Lot/Land
    -
    06/13/25
    -
    -
    12 Webb Smith Rd, Sherman, TX
    2.83
    Lot/Land
    -
    07/11/25
    -
    -
    11 Webb Smith Rd, Sherman, TX
    2.83
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    -
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    -
    -
    10 Webb Smith Rd, Sherman, TX
    2.86
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    -
    03/23/26
    -
    -
    Tbd Luella Rd, Sherman, TX
    3.03
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    -
    04/01/26
    -
    -
    3 Cedar Rd, Sherman, TX
    2.93
    Lot/Land
    -
    02/25/26
    -
    -
    6 Cedar Rd, Sherman, TX
    2.94
    Lot/Land
    -
    07/11/25
    -
    -

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    Assigned Schools

    These are the assigned schools for 697 Fm.

    What Locals Say about Sherman

    At least 384 Trulia users voted on each feature.

    • 89 % Say car is needed

    • 82 % Say yards are well-kept

    • 81 % Say parking is easy

    • 73 % Say it's dog friendly

    • 72 % Say there's holiday spirit

    • 62 % Say kids play outside

    • 55 % Say it's quiet

    • 51 % Say neighbors are friendly

    • 49 % Say people would walk alone at night

    • 45 % Say they plan to stay for at least 5 years

    • 44 % Say there are sidewalks

    • 36 % Say there's wildlife

    • 32 % Say it's walkable to grocery stores

    • 32 % Say streets are well-lit

    • 23 % Say it's walkable to restaurants

    • 17 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Y7hpykvkfg
      "They would the park across the street with sidewalks and trails in shaded areas. Most people keep their dogs on leashes."
      0
      Flag
    • Liz Green
      "Too many dogs getting out of fences. This could be fixed. Otherwise neighborhood is good. Nice people around. "
      0
      Flag
    • Jacob Chapman
      "Small town. Not enough shopping & unique restaurants. Sherman arts festival. That’s all really nothing much more to say. "
      2
      Flag
    • Dhudnall
      "I love this area and have been here many years . Wonderful Neighbors and A great place to call Home."
      0
      Flag
    • Liz Green
      "Too much construction in the area scattered. I prefer taking the highway than the side streets due to this. "
      1
      Flag
    • Stonecam961
      "Quiet family neighborhood with kids from elementary school to high school. The houses are nice family homes. A great neighborhood. "
      2
      Flag
    • Tjodowd
      "My neighborhood has homes on a group lots with plenty of room for dogs to roam.Mouse neighbors in my neighborhood have dogs. Lots of neighbors walk their dogs up and down our streets."
      10
      Flag
    • Art M.
      "My neighborhood is convent to major freeway into Dallas. Easy commute to McKinney, Dallas or north to Oklahoma. Limited access to public transportation. "
      2
      Flag
    • Christina C.
      "Nice, quiet and well kept. All of our neighbors are really nice. We’re close to supermarkets and stores"
      4
      Flag
    • Phebehenderson
      "I’ve livid here for 1.5 years. It is a quiet neighborhood close to a school. I live with an a two minute drive to the hospital. I am about five minutes from all shopping. "
      5
      Flag
    • Charles P.
      "it is hard to walk your dog because of no sidewalks. their are lots of breed restrictions. including size restrictions. "
      0
      Flag
    • Dw50star69
      "not much in the way of public transit... I use to ride a bicycle to downtown. There are some really good bicycle riding areas"
      0
      Flag
    • Codycramer
      "Preston Club is great for having a family. Good for walking and playing out in the yards. Lots of dog owners, walking their pets. "
      0
      Flag
    • Codycramer
      "Little big town. Everything is within 10 mins. Nice/friendly service around town. The school are a good size. "
      0
      Flag
    • Dsymington
      "I’m retired. It generally takes my husband 10 minutes to drive to work “across” town. There is no public transportation. "
      6
      Flag
    • Bailey V.
      "This is just where one of my stations is for my work, it has left a good first impression. Everything you would need is close by"
      0
      Flag
    • Ayda C.
      "In this city everyone stays to theirselves. Everyone here that talks to one another knows each other. Everyone is a regular somewhere."
      0
      Flag
    • Kinta V.
      "ived lived near here for 7 years. fairly nice place to live . it has a really small town feel and the people are friendly. lots of shopping and nearby lake texoma is a great place to fish and boat. "
      0
      Flag
    • Bobbie B.
      "Nice, friendly people. Helpful people. New entertainment center, with bowling, movie theater and gaming center"
      0
      Flag
    • Kristopher F.
      "People drive fast just like the city but it’s a great school district and easy commutes to stores people are very friendly"
      4
      Flag
    • Hotmixer
      "Various civic events throughout the year and new business being located here. Cost of living is affordable in comparison to other areas. Water recreation on nearby waterways including fishing, skying, camping etc"
      6
      Flag
    • Mirella I.
      "been here three years since I moved from Chicago and the Neighbors are friendly and is a safe neighborhood"
      0
      Flag
    • Bobbie B.
      "Leash law is very strict, some places have a limit on how many and certain breeds not allowed, mainly large dogs or ones considered violent "
      2
      Flag
    • Stephanie G.
      "I've lived in Sherman for 4 years, and before that I lived in its neighbouring town Denison for 16 years. A growing community that still looks out for each other. We wave at each other even if we don't know each other, and there is a general sense of community overall. It's a town just big enough to not be too big. "
      11
      Flag
    • John C.
      "There are several parks around town that are pet friendly. You have to have a car to get to most but my dog loves the variety. "
      3
      Flag
    • Mollymoss2
      "It is right off the highway but still secluded. I love my new home! Thanks to Trulia for helping me find it & finding me the best realtor ever!! "
      0
      Flag
    • Megandubois16
      "there are many families in our neighborhood and they have great parks and schools for our children to enjoy"
      1
      Flag
    • Twb1977
      "peaceful. quite. friendly. it is just what we were looking for. community events downtow for any who want to go"
      1
      Flag
    • Geraldoesquivel
      "I seen lots of kids riding bikes, people walking all the time really no dogs in this neighborhood..people in this neighborhood love pets... "
      1
      Flag
    • Sam H.
      "public transportation is lacking and sidewalks are needed for easy pedestrian access. lighting is also needed. "
      1
      Flag
    • Honeyannie
      "Fall Festival and quietness of the surrounding with trees and animals big Parks and lakes and beautiful sceneries friendly staff In the small local Mom and pop shops. "
      0
      Flag
    • Unspecified
      "Lots of families, elementary school is within walking distance. Lots of old shops around. Kids love playing outside. "
      0
      Flag
    • Mcconkey2014
      "Yes they would we have neighbors who have pets. Plus there are people that we know have pets. It’s a great place to walk your dog. We don’t have any complaints from any of our neighbors."
      0
      Flag

    LGBTQ Local Legal Protections

    Terrin Bertholf, Bertholf Commercial Real Estate, (903) 267-1573
    IDX information is provided exclusively for 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 not guaranteed.
    697 Fm, Sherman, TX 75090 is a lot/land. This property is currently available for sale and was listed by NTREIS on Feb 6, 2026. The MLS # for this home is MLS# 21172748.