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TBD Shepherd Drive

Sherman, TX 75092

$7,725,650

Land · 90.89 ac · $85K/ac

Acres90.89 acres
Price per acre$85,000 / acre
ZoningUnzoned and inside city li…
Road frontageCity Street, County Road
WaterCity Water
ElectricElectricity Available
TypeUnimproved Land

What it costs to own

Taxes$169 per year
MUDNone listed
HOANone listed
Price per acre$85,000
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

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.

The details

Lot featuresAcreage
Water sourceCity Water
ElectricElectricity Available

ZoningUnzoned and inside city limits
RestrictionsEasement(s)
EasementsElectric
Documents availableSurvey

Mineral rights aren't stated in this listing — verify with the title company before purchase.

SubdivisionMCKINNEY & WILLIAMS A-G0866

ElementarySummit Hill
Middle schoolHowe
High schoolHowe
DistrictHowe ISD

MLS #20983252
Source
Price changeReduced by $454,450 · Dec 12, 2025
On the market360 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryWalmart Neighborhood Market · 7.2 mi
Nearest parkBicentennial Park · 3.1 mi

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Listing courtesy of Butch Fife, REALTORS — Greg Fife.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20983252. Information last updated June 22, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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