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1559 Bennett Rd - Sherman Corners | ETJ Tract 35.19 - 53.58 Acre Commercial Land Lots in Howe, TX 75459
INVESTMENT HIGHLIGHTS
- ± 88 Acres (will subdivide) - Excellent opportunity for RV Park, Storage, Industrial or Flex Office Development.
- Water on Site - Luella SUD(on-site 4’ Water line and 6’ line on Bennett Rd)
- Tract is positioned approximately 1.8 acres from Texas Instruments Chip Manufacturing Facility under construction ($30 billion expansion)
- Future Thoroughfare plan extends Shepherd past Bennett Rd as a Major Arterial Rd, creating a hard corner opportunity.
- Shepherd Rd. being widened into a 4 lane undivided major arterial to service development east of the railroad 3/4 of a mile West of the Site.
- Site is also approximately 3.7 miles from Globitech's $5 billion expansion, which will produce an estimated 1,500 employees.
EXECUTIVE SUMMARY
Shepherd's Corner is a premier land offering of approximately ±108 acres, poised for strategic future development. There are 2 parcels taht make up the 108 acres, which can be subdivided. This tract stands at the forefront of regional growth, bolstered by significant surrounding master planned projects and proximity to major economic developments, including Texas Instruments $30 billion development less than 2 miles West.
Key infrastructural projects nearby underscore the tract's value: the future extension of Shepherd past Bennett Rd., introducing a crucial hard corner site; on-site 4’ Water line and 6’ line on Bennett Rd; and an incoming 18' sewer line ¾ of a mile West on Shepherd. Shepherd Rd.'s expansion into a 4-lane arterial route is set to catalyze access East of the Railroad, marking a leap in residential growth and traffic influx to the East side of US75. As development occurs Shepherd will be extended east to the Subject tract.
Shepherd's Corner is encircled by landmark economic expansions:
Texas Instruments Chip Manufacturing Facility, a mere 1.8 miles away, undergoing a $30 billion expansion to create 3,200 jobs—Texas's largest-ever economic project.
Globitech's $5 Billion Expansion and Coherent Corp (II-VI)'s $3 billion investment, located approximately 3.7 miles and adjacent to the site, respectively, amplify the area's technological and employment footprint.
Lifestyle and Leisure Developments: The addition of Hard Rock Hotel and Margaritaville Resorts at Lake Texoma 20 miles North introduces a leisure and entertainment dimension, enhancing the area's appeal to a diverse demographic.
Shepherd's Corner embodies a unique blend of strategic positioning and economic vibrancy. This tract offers an invaluable opportunity for investors to harness the potential of a region on the cusp of significant residential, commercial, and industrial development. Positioned to benefit from the area's dynamic growth trajectory, Shepherd's Corner invites investment into a future marked by prosperity and advancement.
DATA ROOM Click Here to Access
- Miscellaneous
PROPERTY FACTS
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 2 | Proposed Use | |
| Property Type | Land | Total Lot Size | 88.77 AC |
| Zoning | Sherman ETJ - Outside City Limits | ||
| Sale Type | Investment or Owner User |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 88.77 AC |
| Zoning | Sherman ETJ - Outside City Limits |
2 LOTS AVAILABLE
Lot 1
| Lot Size | 53.58 AC |
| Lot Size | 53.58 AC |
Lot
| Lot Size | 35.19 AC |
| Lot Size | 35.19 AC |
DESCRIPTION
Shepherd's Corner is a premier land offering of approximately ±88 acres, poised for strategic future development of an RV Park or Industrial/ Flex Complex. There are 2 parcels that make up the 88 acres, which can be subdivided. This tract stands at the forefront of regional growth, bolstered by significant surrounding master planned projects and proximity to major economic developments, including Texas Instruments $30 billion development less than 2 miles West. Key infrastructural projects nearby underscore the tract's value: the future extension of Shepherd past Bennett Rd., introducing a crucial hard corner site; on-site 4’ Water line and 6’ line on Bennett Rd; and an incoming 18' sewer line ¾ of a mile West on Shepherd. Shepherd Rd.'s expansion into a 4-lane arterial route is set to catalyze access East of the Railroad, marking a leap in residential growth and traffic influx to the East side of US75. As development occurs, Shepherd will be extended east to the Subject tract. Shepherd's Corner is encircled by landmark economic expansions: Texas Instruments Chip Manufacturing Facility, a mere 1.8 miles away, undergoing a $30 billion expansion to create 3,200 jobs—Texas's largest-ever economic project. Globitech's $5 Billion Expansion and Coherent Corp (II-VI)'s $3 billion investment, located approximately 3.7 miles and adjacent to the site, respectively, amplify the area's technological and employment footprint. Lifestyle and Leisure Developments: The addition of Hard Rock Hotel and Margaritaville Resorts at Lake Texoma 20 miles North introduces a leisure and entertainment dimension, enhancing the area's appeal to a diverse demographic. Shepherd's Corner embodies a unique blend of strategic positioning and economic vibrancy. This tract offers an invaluable opportunity for investors to harness the potential of a region on the cusp of significant residential, commercial, and industrial development. Positioned to benefit from the area's dynamic growth trajectory, Shepherd's Corner invites investment into a future marked by prosperity and advancement.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $3,647 CAD | Total Assessment | $3,647 CAD |
PROPERTY TAXES
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1559 Bennett Rd - Sherman Corners | ETJ Tract
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