TBD SHEPHERD DRIVE, SHERMAN, TX 75092
Homes for sale in Sherman.
Homes for sale in 75092.
TBD Shepherd Drive
Sherman, TX 75092
List Price$7,725,650
Listing #20983252
About This Property
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.
Property Features
Location Information
County
Grayson
Subdivision
MCKINNEY & WILLIAMS A-G0866
Interior Features
Has Fireplace
No
Exterior Features
Utilities
Electricity Available, Water Available
Possible Best Use
Commercial, Development, In
Lot Description
Acreage, City Lot
Zoning
Unzoned and inside city limits
Lot Size in Acres
90.89
Road Description
County Road, City Street, Gravel, Asphalt
Lot Size in Sq. Ft.
3,959,168
Is One Story
No
Current Use
Agricultural
Lot Description
Acreage, City Lot
School
Elementary School District
Howe ISD
Jr. High School
Howe
Elementary School
Summit Hill
High School
Howe
Additional Information
Property Type
LL
Tax Annual Amount
169.0
Property SubType
Unimproved Land
Documents Available
Survey
Status
Active
Lot Acres Source
Assessor
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$36,079
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$27,839
Monthly Tax
$6,438
Monthly Insurance
$1,802
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
Walk Score
Listing courtesy of
Greg Fife, Butch Fife, REALTORS
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NTREIS - North Texas data last updated at May 9, 2026, 9:29 AM CT
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