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1100 Shepherd

Sherman, TX 75092

$15,041,268

Land · 53.4 ac · $282K/ac

Acres53.4 acres
Price per acre$281,672 / acre
ZoningPlanned Development
WaterCity Water
SewerCity Sewer
TypeUnimproved Land

What it costs to own

TaxesNot provided by the listing
MUDIn a Municipal Utility District (MUD)
HOANone listed
Price per acre$281,672

About this home

Here is the information for a 23.4 acre Build-to-Rent Site and a 30 acre Multifamily Site that are part of a larger master planned community called Shepherd’s Place, located at the southwest corner of US-75 and Shepherd Road in Sherman, TX. The Site is zoned under the Shepherd’s Place planned development, a 531 acre community, which will also include, but not limited to, 60 acres of retail, 20 acres of office, 941 single family lots, 24 acres of townhomes, and 7 acres of hospitality.

Please note, Ownership would consider subdividing the 30 acre Multifamily Site into two 15 acre tracts, and the Build-to-Rent Site can also be developed as multifamily; all the sites can be purchased individually.

The details

Lot featuresSubdivided
Water sourceCity Water
SewerCity Sewer

ZoningPlanned Development
RestrictionsNo Known Restriction(s)
EasementsNone listed

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

ElementarySummit Hill
Middle schoolHowe
High schoolHowe
DistrictHowe ISD

MLS #21297589
Source
On the market6 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryAlbertsons · 7.1 mi
Nearest parkBicentennial Park · 2.7 mi

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Listing courtesy of Vanguard Real Estsate Advisors — Jordan Cortez.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21297589. Information last updated June 15, 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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