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$16,500,000
220.04± Acres
Active
Grayson County, TX
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Ob Groner, Sherman, Texas

MLS ID: 21188451
Status: Active
Price: $16,500,000
Acres: 220.04±
Type: Unimproved, Land
Address: Ob Groner
City, State: Sherman, TX
County: Grayson County
ZIP Code: 75092
Lat/Long: 33.59591363, -96.64998118
Parcel Number: 125114

Description

Vanguard Real Estate Advisors has been exclusively retained by Ownership to present the opportunity to purchase a 220 acre master planned community called Greenway, located along OB Groner Road in Sherman, TX. The Site is zoned under the Greenway planned development, allowing for a mix of commercial, single family, townhomes, and multifamily. The current Concept Plan shown on page 3 contemplates 808 residential lots, 773 multifamily units, and 16.4 acres of retail space. Ideally located approximately 2 miles west of US Highway 75 and less than a 10-minute drive to the new GlobiTech and Texas Instruments facilities, this is a great opportunity to acquire a Site with high density entitlements in one of the fastest growing markets in North Texas.

Ownership would consider subdividing the Site. See page 3 of the marketing flyer for potential subdividing option and pricing breakdown.

Directions: The property is located on the north side of OB Groner Road, approximately a quarter mile west of Heritage Parkway (FM1417).

Additional Information

Exterior

Lot Features: Acreage, City Lot
Lot Size Area: 220
Lot Size Square Feet: 9,584,942
Lot Size Units: Acres
Water Source: Public

Financial/HOA/Schools

Elementary School: Fairview
Elementary School District: Sherman ISD
Middle School: Piner
Middle School District: Sherman ISD
High School: Sherman
High School District: Sherman ISD
Zoning Description: Planned Development

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21188451

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Karen Lenz

Karen Lenz

Cross Plains, Texas

(325) 668-3604

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of November 14, 2026 at 12:06:53 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: November 14, 2026 at 12:06:53 AM UTC. Copyright 2026 North Texas Real Estate Information Systems, Inc. Listings marked with the NTREIS logo are provided courtesy of the North Texas Real Estate Information Systems, Inc. Internet Data Exchange.

Listed By: Jordan Cortez of Vanguard Real Estate Advisors