TBD Shepherd Drive Sherman, TX $ 8,180,100
TBD Shepherd Drive
$ 8,180,100
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TBD Shepherd Drive

Sherman, TX, 75092
$ 8,180,100
Baths0.0

Monthly Estimate*

$ 51,033

TBD Shepherd Drive, Sherman, TX 75092 - Image 1
TBD Shepherd Drive, Sherman, TX 75092 - Image 2
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Studio

Lots and Land for sale in Sherman, TX

for $8,180,100. The lot size is 90.89.

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. Call us for any questions.

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Lots and Land Active

Price

$ 8,180,100

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 169

Style

Unimproved Land

Lot Size

90.89

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

20983252

Features
General
Development Status City Limits
Utilities Asphalt City Water Electricity Available
Possession Closing/Funding
current use Agricultural
Restrictions Easement(s)
School District Howe ISD
Property Subtype Unimproved Land
Subdivision Name MCKINNEY & WILLIAMS A-G0866
County Grayson
Property Type Land
HOA Type None
Status Active
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.
City Sherman
Elementary School Name Summit Hill
High School Howe
Elementary School Summit Hill
Standard Status Active
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Exterior
Lot Features Acreage
Lot Size Source Assessor
Lot Size 50 to =< 100 Acres
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* Excluded Features
List By
Greg Fife

Listing Agent

Butch Fife, Realtors

Broker

Affordability Calculator

$51,047
Per Month
100%
0%
0%
Monthly Principal & Interest
$51,033
Monthly Property Taxes
$14
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3451288 Elementary School
3676626 Middle School
Pricing History
Date Price Price Change Description
6/27/2025 $8,180,100 Listed Price

Map


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TBD Shepherd Drive, Sherman, TX, 75092 is a Lots and Land for sale at $8,180,100 with a lot size of 90.89. TBD Shepherd Drive is a studio with 0.0 baths. The property's zip code is 75092 which is in Sherman, TX