TBD Shepherd Dr Sherman, TX 75092
Estimated payment $39,694/month
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 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.
Listing Agent
Butch Fife, REALTORS Brokerage Phone: 903-891-3066 License #0739890 Listed on: 06/27/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $169
Lot Details
- 90.89 Acre Lot
- Property fronts a county road
- Zoning described as Unzoned and inside city limits
Location
- City Lot
Schools
- Summit Hill Elementary School
- Howe Middle School
- Howe High School
Community Details
- Mckinney & Williams A G0866 Subdivision
Listing and Financial Details
- Assessor Parcel Number 127663
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/12/2025 12/12/25 | Price Changed | $7,725,650 | -5.6% | -- |
| 06/27/2025 06/27/25 | For Sale | $8,180,100 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20983252
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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Ask me questions while you tour the home.