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90.89 Acres - Shepherd Rd. Development/Investment

Ideally positioned near major semiconductor manufacturing expansion, this property offers exceptional access to infrastructure, utilities, and a fast-growing labor force. Surrounded by new residential and commercial development, the site is poised to benefit from continued growth in southern Sherman. Road improvements and nearby utilities further enhance its development potential.

Highlights

Located one mile from major semiconductor manufacturing expansion driving long-term job and population growth
Corner tract with excellent access near expanding residential and commercial developments
Strong utility availability including nearby sewer and existing groundwater infrastructure
Recent roadway expansion to four lanes supports increased traffic and future development demand

Description

90.89 Acres in Sherman, TX - $8,180,100

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 20 acre site nearby. 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" groundwater line running along Farmington and a 36" 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. Call us for any questions.

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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.

Environmental Factors

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Source:First Street
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Source: MLS# 20983252
Listing last updated: April 17, 2026 at 8:30 AM
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