Knollwood Village, all about people and peace of mind. Our convenient location, nestled between the cities of Sherman and Denison, gives Knollwood Village residents quick access to several shopping centers, hospitals, churches, schools, and Grayson Airport. Yet, Knollwood Village residents enjoy a serene, country atmosphere, with plenty of trees, a large sports field, playground equipment, and a well-kept swimming pool with a separate wading pool for small children. Knollwood Village has paved, lighted streets with curbs, and a convenience store with groceries and gas pumps.