TBD W Shepherd Drive Sherman, TX $ 19,000,000
TBD W Shepherd Drive
$ 19,000,000
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TBD W Shepherd Drive

Sherman, TX, 75459
$ 19,000,000
Baths0.0

Monthly Estimate*

$ 116,986

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Studio

Lots and Land for sale in Sherman, TX

for $19,000,000. The lot size is 226.

A rare opportunity to acquire over 226 acres of strategically located land parcels in high-growth Grayson County, spanning Sherman, TX. Situated near Texas Instruments’ new facility, Shepherd’s Place, and the Sherman Gateway development, this portfolio is ideal for residential, industrial, or mixed-use development. With close proximity to major transportation corridors and Howe High School, the location offers strong potential for near-term projects or long-term investment. Positioned in one of North Texas’ fastest-growing markets, this is a compelling opportunity you don’t want to miss. Message us today for details!

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Lots and Land Active

Price

$ 19,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 15

Style

Unimproved Land

Lot Size

226

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21212990

Features
General
Development Status Zoned
Utilities MUD Sewer MUD Water
Possession 30-60 Days Closing/Funding
current use Agricultural
Restrictions Other
School District Howe ISD
Property Subtype Unimproved Land
Subdivision Name None
County Grayson
Property Type Land
HOA Type None
Status Active
Directions From US-75 N take Exit 56 FM 1417 and Heritage Pkwy. Turn left on FM 1417 and go about 2.5 miles. Turn right on W Shepherd Dr. Property is on the left past Dripping Springs Rd. Look for open land nea
City Sherman
Elementary School Name Summit Hill
High School Howe
Elementary School Summit Hill
Standard Status Active
Listing Terms 1031 Exchange All Inclusive Trust Deed Cash FHA VA Loan
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Exterior
Waterfront 0
Lot Features Agricultural Pasture Rolling Slope
Lot Size Source Public Records
Lot Size Over 100 Acres
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* Excluded Features
List By
Cecilia Hampton

Listing Agent

Keller Williams Realty Allen

Broker

Affordability Calculator

$116,988
Per Month
100%
0%
0%
Monthly Principal & Interest
$116,986
Monthly Property Taxes
$1
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
DatePricePrice ChangeDescription
3/20/2026$19,000,000 Listed Price

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TBD W Shepherd Drive, Sherman, TX, 75459 is a Lots and Land for sale at $19,000,000 with a lot size of 226. TBD W Shepherd Drive is a studio with 0.0 baths. The property's zip code is 75459 which is in Sherman, TX