2164 FORD ROAD, SHERMAN, TX 75092

Homes for sale in Sherman.

Homes for sale in 75092.


Active

List Price$5,665,000

2164 Ford Road

Sherman, TX 75092

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21291674

103.22

Acres

Lots / Land

Type

About This Property

Rare opportunity to acquire 103± acres in one of the fastest-growing development corridors in North Texas. Located at 2164 Ford Road in Sherman, Texas, this exceptional property offers a strategic location just minutes from the multi-billion-dollar Texas Instruments semiconductor campus and the rapidly expanding Sherman-Denison growth corridor. **Owner financing is available**, providing added flexibility for qualified buyers. Featuring over 103 contiguous acres with substantial Ford Road frontage, gently rolling topography, mature tree lines, and natural drainage features, this tract offers outstanding development flexibility. Situated in Howe ISD and Grayson County, the property is well suited for a traditional residential subdivision, one-acre estate lots, executive acreage homesites, mixed-density residential development, or a long-term land banking investment. Electric and water are available, with future sewer expansion anticipated. Sherman's explosive growth continues to accelerate as global technology leaders invest billions into the region. In addition to Texas Instruments, GlobalWafers, and GlobiTech, **Coherent and NVIDIA recently announced a $650 million expansion in Sherman to build the world's first 6-inch indium phosphide semiconductor fabrication facility. The project will quadruple wafer production, create approximately 550 high-quality jobs, and further strengthen Sherman's position as a premier U.S. semiconductor manufacturing hub.** Conveniently located near US Highway 75 and US Highway 82, the property provides excellent access to Sherman, Denison, McKinney, and the Dallas-Fort Worth Metroplex. With unprecedented job growth, expanding infrastructure, and increasing housing demand, this property presents an exceptional opportunity for developers, investors, builders, and land bankers seeking to capitalize on one of Texas' most dynamic growth markets.

Property Features

Location Information

County

Grayson

Subdivision

Lloyd Daniel

Interior Features

Has Fireplace

No

Cooling

None

Heating

None

Exterior Features

Utilities

Electricity Available

Zoning

Unzoned

Lot Description

Acreage, Agricultural

Road Description

County Road, Asphalt

Lot Size in Acres

103.222

Is One Story

No

Lot Size in Sq. Ft.

4,496,350

Lot Description

Acreage, Agricultural

Current Use

Agricultural

School

Elementary School District

Howe ISD

Jr. High School

Howe

Elementary School

Summit Hill

High School

Howe

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Unimproved Land

Tax Annual Amount

57.0

Status

Active

Lot Acres Source

Public Records

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Mortgage Calculator

$26,455

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$20,414

Monthly Tax

$4,720

Monthly Insurance

$1,321

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

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