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.
Lot/land
Price cut: $454.5K (12/12)
$7,725,650
Tbd Shepherd Dr, Sherman, TX 75092
--beds
--baths
90.89Acres
Unimproved Land
Built in ----
90.89 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 178 days |
- 36 |
- 6 |
Zillow last checked: 8 hours ago
Listing updated: December 20, 2025 at 06:11am
Listed by:
Greg Fife 0739890 903-891-3066,
Butch Fife, REALTORS 903-891-3066
Source: NTREIS,MLS#: 20983252
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 90.89 Acres
- Features: Acreage, City Lot
Details
- Parcel number: 127663
- On leased land: Yes
- Zoning description: Unzoned and inside city limits
Utilities & green energy
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: MCKINNEY & WILLIAMS A-G0866
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Annual tax amount: $169
- Date on market: 6/27/2025
- Cumulative days on market: 179 days
- Listing terms: Private Financing Available
- Electric utility on property: Yes
- Road surface type: Gravel, Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Price change | $7,725,650-5.6% |
Source: NTREIS #20983252 Report a problem | ||
| 6/27/2025 | Listed for sale | $8,180,100 |
Source: NTREIS #20983252 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 75092
Nearby schools
GreatSchools rating
- NAHowe Elementary SchoolGrades: PK-2Distance: 2.4 mi
- 6/10Howe Middle SchoolGrades: 6-8Distance: 3.6 mi
- 6/10Howe High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Summit Hill
- Middle: Howe
- High: Howe
- District: Howe ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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