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Land for Sale in Sherman, Texas

Shepherd Dr, Sherman, TX 75092

$7,725,650
90.9 acres
Active sale
$454k drop
Est $52,094/mo

PRIME LOCATION! This tract is strategically located on the same road 1 mile west from the $30B Texas Instruments expansion. At the corner of Shepherd Rd. and Farmington Rd. this 90.89 acre tract is poised to capitalize on the population influx from DFW along with the many jobs created by the Texas Instruments development and chip manufacturing boom taking place in southern Sherman spearheaded by Global Wafers. HEB recently announced acquisition of a 20 acre site very close by. Many new developments coming nearby including Centurion American's Cottonwood development on FM 902, Shepherd's Place master planned community at Shepherd Road and Hwy. 75. With an available 20 inch groundwater line running along Farmington and a 36 inch sewer line located approximately 1 mile east at Texas Instruments. this site has much potential. In preparing for this growth, a portion of Shepherd Rd. has been recently updated to a 4 lane road and median. Many new developments are shaping up the surrounding area and this tract is next. Seller will consider owner financing. Call us for any questions.

Location

Street address
Shepherd Dr
Zip code
75092
Community
McKinney & Williams A-G0866
School district
Howe ISD
Elevation
801 feet
Coordinates
33.5517, -96.6405

Directions

From Hwy. 75, go west on Shepherd Dr. property and gate is on the south side of the round before the intersection at Farmington. There is a sign along Shepherd Dr. and along Farmington Rd.

Property details

Acreage
90.89 acres
MLS #
NTREIS 20983252
Posted

Property taxes

Recent
$169

Parcels

  • 127663

Legal description

Details and features

Listing

Type
Land
Zoning
Unzoned and Inside City Limits

Lot

Features
Acreage, City Lot

Structure

Water
Public

Nearby schools

NameTypeDistrict
Summit HillElementaryHowe ISD
HoweMiddleHowe ISD
HoweHighHowe ISD

Listing history

DateEventPriceChangeSource
Dec 13, 2025Price drop$7,725,650$454,450 -5.6%NTREIS
June 28, 2025New listing$8,180,100NTREIS
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This 90.89-acre property is located at Shepherd Dr in Sherman, TX 75092. The property is available for sale for $7,725,650 with a price per acre of $85,000.

Listed by Butch Fife Realtors, (903) 891-3066

Checked 1 hour agoUpdated Source

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