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TBD Shepherd Drive

Sherman, Texas 75092
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Acres90.89

Acres(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 Instrume nts. 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.

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Detail Ic Property Details

Property Type : Land

Price : $7,725,650

AD Id : 65644445

MLS Id : 457391765

Lot Size : 90.89 Acres(Lot)

County : Grayson

Subdivision: Magnolia Add Ph B

  • Map Map

Map

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Feature Features

  • Utilities

    Asphalt,City Water,Electricity Available

  • Lot Information

    Lot Size (Acr): 90.8900 Lot Size Units: Acres Lot Size Square Feet: 3,959,168 Lot Size Source: Assessor Lot Features: Acreage
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: MCKINNEY & WILLIAMS A-G0866 City: Sherman State: Texas Directions: From Hwy. 75, go west on Shepherd Dr. property and gate is on the south side of the round before the intersection at Farmington. There is a sign along Shepherd Dr. and along Farmington Rd. Property Status: Active

  • Listing Price Information

    Original List Price: $7,725,650
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 127663 Tax Legal Description: G-0866 MCKINNEY & WILLIAMS A-G0866, ACRES 90. Unexempt Taxes: $169

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Summit Hill Middle School: Howe High School: Howe School District: Howe ISD
  • Utility Information

    Utilities: Asphalt,City Water,Electricity Available
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Disclosure: 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

ByOwner last updated this listing 06/09/2026 @ 01:40

MLS: 457391765 LISTED BY: Greg Fife, Butch Fife, REALTORS 903-815-0213 SOURCE: NTREIS - North Texas Real Estate Information

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