About Tbd Fm 697
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.
Status Change History
| Date | Details | Status |
|---|---|---|
| Jun 18, 2026 | Status Changed from Pending to Closed | Closed |
| Jun 16, 2026 | Status Changed from Active Under Contract to Pending | Pending |
| Mar 6, 2026 | Status Changed from Active to Active Under Contract | Active Under Contract |
Features of Tbd Fm 697
| MLS® # | 21172748 |
|---|---|
| Price | $15,206,000 |
| Acres | 587.00 |
| Type | Land |
| Sub-Type | Unimproved Land |
| Status | Closed |
Community Information
| Address | Tbd Fm 697 |
|---|---|
| Subdivision | G-0425 FOX JAMES A |
| City | Sherman |
| County | Grayson |
| State | Texas |
| Zip Code | 75090 |
Amenities
| Utilities | All Weather Road, Asphalt, Outside City Limits |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Acreage, Agricultural, Cleared, Level, Pasture |
|---|
School Information
| District | Sherman ISD |
|---|---|
| Elementary | Dillingham |
| Middle | Sherman |
| High | Sherman |
Additional Information
| Date Listed | February 6th, 2026 |
|---|---|
| Date Sold | June 18th, 2026 |
| Days on Market | 221 |
| Zoning | Located partially in Sherman ETJ and partially in County |
Listing Details
| Agent | Terrin Bertholf |
|---|---|
| Office | Bertholf Commercial Real Estate |