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US 75 - SWC US-75 & Shepherd Rd, Sherman, TX 40 Acres of Residential Land in Sherman, TX 75092
Investment Highlights
- ±531 AC master-planned mixed-use. Commercial/Flex: ±228.5 AC; subdividable ±1–20+ AC. Residential: ±303.2 AC (Pods: ±59.8, ±64.9, ±48.8, ±46.2 AC).
- High-growth trade area with substantial single-family and multifamily pipeline
- MUD petition approved by TCEQ (up to $400M bonding capacity)
- Employment anchor: Ongoing Texas Instruments expansion in Sherman (major capex & jobs)
- Entitlements & concept plan in place; Development Agreement executed
- Utilities: City of Sherman water/wastewater; Grayson-Collin EC (electric); Atmos (gas); fiber-ready
Executive Summary
Prime mixed-use investment at the SWC of US-75 & Shepherd Rd, Sherman. ±531 AC total with ±303.2 AC residential (four pods) and ±228.5 AC commercial/flex. Frontage includes ~1,553’ on Hwy 691 and ~1,387’ on Heritage Pkwy. Entitled and concept-planned; Development Agreement executed; MUD petition approved by TCEQ up to $400M. Anchored by Texas Instruments’ multi-site expansion (historic-scale semiconductor investment and major job creation), plus strong local employment and population growth. Commercial pads offer pad sale, ground lease, or BTS; residential phasing by pods.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 40.00 AC |
| Property Type | Land | Cross Streets | Shepherd Rd |
| Property Subtype | Residential | ||
| Zoning | C - Commercial & Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 40.00 AC |
| Cross Streets | Shepherd Rd |
| Zoning | C - Commercial & Residential |
1 Lot Available
Lot 1
| Lot Size | 40.00 AC |
| Lot Size | 40.00 AC |
High-visibility commercial/flex along US-75: retail pads, medical/office, hotel, and flex/industrial park. Subdividable ±1–20+ AC; pad sale, ground lease, or BTS.
Description
530 acre mixed use development that includes commercial, single family and multi-family
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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US 75 - SWC US-75 & Shepherd Rd, Sherman, TX
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