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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

    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.
    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
    DateEventPrice
    12/12/2025Price change$7,725,650-5.6%
    Source: NTREIS #20983252 Report a problem
    6/27/2025Listed 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
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 75092

    Nearby schools

    GreatSchools rating
    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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