$8,180,100

Shepherd Dr Sherman, TX 75092

Estimated payment $51,039/month

Total Views 5,535
90.89 Acres
$90,000 Price per Acre
3,959,168 Sq Ft Lot

About This Lot

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 20 acre site nearby. 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" groundwater line running along Farmington and a 36" 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.

Listing Agent

Butch Fife

Butch Fife Realtors Listed on: 06/27/2025

Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Property fronts a county road
  • Current uses include agribusiness
  • Potential uses include commercial, industrial, planned unit development, residential multi-family, residential single, for development, hobby farm

Additional Features

  • Easements include electric
  • 1 Stock Tank or Pond

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 430-233-6939
  • Listing Website: https://www.land.com/property/90.89-acres-in-grayson-county-texas/23990101/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Commercial, Industrial, Planned Unit Development, Residential Multi-Family, Residential Single, For Development, Hobby Farm
  • Number of Stock Tanks: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Road Description: Asphalt, County

Lot Info

  • Current Use: Agribusiness
  • Lot Description: Acreage
  • Easements: Electric

Multi Family

  • Utilities Available: City Water

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 For Sale $8,180,100 -- --
Texas Grayson County Sherman 75092

Shepherd Dr, Sherman, TX

For Sale

Lots

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Butch Fife
Listing Agent
Butch Fife
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Butch Fife Realtors
(430) 233-6939