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39.78 Acres + 1 Acre Residential Parcel — FM 901 & Old Sherman Rd — Major Arterial Corridor — No Zoning Restriction — No Deed Restrictions — Strategically positioned along FM 901 (Major Arterial) just 1,300 feet from HWY 56 and approximately 3 miles from the planned Dallas North Tollway extension, this 39.78-acre ag-exempt tract plus adjoining 1-acre residential parcel presents a rare long-term investment opportunity in the path of North Texas growth. Located at 3601 Old Sherman Rd (#FM901) and 7074 FM 901 in Whitesboro, this offering provides frontage, access, flexibility, and future positioning rarely available in one package. Key Highlights: • Amazing seller financing term available • 39.78 acres Ag-Exempt farmland • Additional 1-acre residential lot with utilities • Power, water & two RV hookups already in place on 1-acre tract • No deed restrictions • Frontage along FM 901 • Approx. 1,300 ft from HWY 56 • ~3 miles from future Dallas North Tollway expansion • Subdivision potential (1, 2, 3, 5+ acre tracts per county guidelines) The property includes mapped floodplain along the natural creek corridor, supporting agricultural use and maintaining current ag exemption status, while significant portions remain outside the flood hazard area. With Grayson County experiencing rapid infrastructure planning and arterial expansion, this tract offers strong potential for residential development, commercial positioning, industrial flexibility, or a strategic long-term hold. Whether you are an investor seeking corridor appreciation, a developer exploring phased subdivision, or an end user wanting land with upside, this property delivers location, flexibility, and growth alignment. Opportunities of this size, position, and flexibility along designated major arterials are increasingly limited. Contact listing agent for survey, floodplain documentation, and seller financing structure.
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