Tbd Shepherd Dr, Sherman, TX 75092
Property image
Property image
FOR SALE
3D VIEW
90.89 ACRES

$7,725,650

Original price: $8,180,100

    Tbd Shepherd Dr, Sherman, TX 75092

    Est. Mortgage $50,636/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    90.89 acre lot

    Local Information

    • Map ViewExplore the area around Tbd Shepherd Dr.
    • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    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.
    Last check for updates: about 22 hours ago
    Listing courtesy of Greg Fife 0739890, (903) 891-3066
    Butch Fife, REALTORS, 903-891-3066
    Source: NTREIS, MLS#20983252
    Also Listed on NTREIS.

    Home Details for Tbd Shepherd Dr

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Water Available

    Exterior Features

    Frontage
    Road Frontage: County Road, City StreetRoad Surface Type: Gravel, Asphalt

    Days on Market

    Cumulative Days on Market: 360Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: Commercial, Development, Industrial, Investment, Multi-Family, Recreational, Single FamilyParcel Number: 127663

    Price & Status

    Price
    List Price: $7,725,650
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Media

    Location

    Direction & Address
    City: ShermanCommunity: Mckinney & Williams A-G0866
    School Information
    Elementary School: Summit HillElementary School District: Howe ISDJr High / Middle School: HoweJr High / Middle School District: Howe ISDHigh School: HoweHigh School District: Howe ISD

    Agent Information

    Listing Agent
    Listing ID: 20983252

    HOA

    No HOA

    Lot Information

    Lot Area: 90.89 Acres

    Offer

    Listing Terms: Private Financing Available

    Miscellaneous

    Mls Number: 20983252Living Area Range Units: Square FeetAttribution Contact: 903-891-3066

    Around this home

    What Locals Say about Sherman

    At least 385 Trulia users voted on each feature.

    • 89 % Say car is needed

    • 82 % Say yards are well-kept

    • 81 % Say parking is easy

    • 73 % Say it's dog friendly

    • 72 % Say there's holiday spirit

    • 62 % Say kids play outside

    • 55 % Say it's quiet

    • 51 % Say neighbors are friendly

    • 49 % Say people would walk alone at night

    • 45 % Say they plan to stay for at least 5 years

    • 44 % Say there are sidewalks

    • 36 % Say there's wildlife

    • 32 % Say it's walkable to grocery stores

    • 32 % Say streets are well-lit

    • 23 % Say it's walkable to restaurants

    • 17 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Y7hpykvkfg
      "They would the park across the street with sidewalks and trails in shaded areas. Most people keep their dogs on leashes."
      0
      Flag
    • Liz Green
      "Too many dogs getting out of fences. This could be fixed. Otherwise neighborhood is good. Nice people around. "
      0
      Flag
    • Jacob Chapman
      "Small town. Not enough shopping & unique restaurants. Sherman arts festival. That’s all really nothing much more to say. "
      2
      Flag
    • Dhudnall
      "I love this area and have been here many years . Wonderful Neighbors and A great place to call Home."
      0
      Flag
    • Liz Green
      "Too much construction in the area scattered. I prefer taking the highway than the side streets due to this. "
      1
      Flag
    • Stonecam961
      "Quiet family neighborhood with kids from elementary school to high school. The houses are nice family homes. A great neighborhood. "
      2
      Flag
    • Tjodowd
      "My neighborhood has homes on a group lots with plenty of room for dogs to roam.Mouse neighbors in my neighborhood have dogs. Lots of neighbors walk their dogs up and down our streets."
      10
      Flag
    • Art M.
      "My neighborhood is convent to major freeway into Dallas. Easy commute to McKinney, Dallas or north to Oklahoma. Limited access to public transportation. "
      2
      Flag
    • Christina C.
      "Nice, quiet and well kept. All of our neighbors are really nice. We’re close to supermarkets and stores"
      4
      Flag
    • Phebehenderson
      "I’ve livid here for 1.5 years. It is a quiet neighborhood close to a school. I live with an a two minute drive to the hospital. I am about five minutes from all shopping. "
      5
      Flag
    • Charles P.
      "it is hard to walk your dog because of no sidewalks. their are lots of breed restrictions. including size restrictions. "
      0
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    • Dw50star69
      "not much in the way of public transit... I use to ride a bicycle to downtown. There are some really good bicycle riding areas"
      0
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    • Codycramer
      "Preston Club is great for having a family. Good for walking and playing out in the yards. Lots of dog owners, walking their pets. "
      0
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    • Codycramer
      "Little big town. Everything is within 10 mins. Nice/friendly service around town. The school are a good size. "
      0
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    • Dsymington
      "I’m retired. It generally takes my husband 10 minutes to drive to work “across” town. There is no public transportation. "
      6
      Flag
    • Bailey V.
      "This is just where one of my stations is for my work, it has left a good first impression. Everything you would need is close by"
      0
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    • Ayda C.
      "In this city everyone stays to theirselves. Everyone here that talks to one another knows each other. Everyone is a regular somewhere."
      0
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    • Kinta V.
      "ived lived near here for 7 years. fairly nice place to live . it has a really small town feel and the people are friendly. lots of shopping and nearby lake texoma is a great place to fish and boat. "
      0
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    • Bobbie B.
      "Nice, friendly people. Helpful people. New entertainment center, with bowling, movie theater and gaming center"
      0
      Flag
    • Kristopher F.
      "People drive fast just like the city but it’s a great school district and easy commutes to stores people are very friendly"
      4
      Flag
    • Hotmixer
      "Various civic events throughout the year and new business being located here. Cost of living is affordable in comparison to other areas. Water recreation on nearby waterways including fishing, skying, camping etc"
      6
      Flag
    • Mirella I.
      "been here three years since I moved from Chicago and the Neighbors are friendly and is a safe neighborhood"
      0
      Flag
    • Bobbie B.
      "Leash law is very strict, some places have a limit on how many and certain breeds not allowed, mainly large dogs or ones considered violent "
      2
      Flag
    • Stephanie G.
      "I've lived in Sherman for 4 years, and before that I lived in its neighbouring town Denison for 16 years. A growing community that still looks out for each other. We wave at each other even if we don't know each other, and there is a general sense of community overall. It's a town just big enough to not be too big. "
      11
      Flag
    • John C.
      "There are several parks around town that are pet friendly. You have to have a car to get to most but my dog loves the variety. "
      3
      Flag
    • Mollymoss2
      "It is right off the highway but still secluded. I love my new home! Thanks to Trulia for helping me find it & finding me the best realtor ever!! "
      0
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    • Megandubois16
      "there are many families in our neighborhood and they have great parks and schools for our children to enjoy"
      1
      Flag
    • Twb1977
      "peaceful. quite. friendly. it is just what we were looking for. community events downtow for any who want to go"
      1
      Flag
    • Geraldoesquivel
      "I seen lots of kids riding bikes, people walking all the time really no dogs in this neighborhood..people in this neighborhood love pets... "
      1
      Flag
    • Sam H.
      "public transportation is lacking and sidewalks are needed for easy pedestrian access. lighting is also needed. "
      1
      Flag
    • Honeyannie
      "Fall Festival and quietness of the surrounding with trees and animals big Parks and lakes and beautiful sceneries friendly staff In the small local Mom and pop shops. "
      0
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    • Unspecified
      "Lots of families, elementary school is within walking distance. Lots of old shops around. Kids love playing outside. "
      0
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    • Mcconkey2014
      "Yes they would we have neighbors who have pets. Plus there are people that we know have pets. It’s a great place to walk your dog. We don’t have any complaints from any of our neighbors."
      0
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    Market trends in Sherman

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $276K
    $2.73K    MoM
    Sale-to-List Price
    97.9%
    0.3%    MoM
    Price per sq ft
    $153
    $4    MoM
    Available listings
    393
    13    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    Lots 1 51 Ponderosa Rd, Howe, TX
    3.04
    Lot/Land
    -
    08/07/26
    -
    -
    Kennedy Rd, Sherman, TX
    2.97
    Lot/Land
    -
    08/26/26
    -
    -
    E FM 902, Howe, TX
    3.58
    Lot/Land
    -
    02/17/26
    -
    -
    Tbd W Davis St, Howe, TX
    3.57
    Lot/Land
    -
    06/11/26
    -
    -
    1 FM 902, Howe, TX
    4.02
    Lot/Land
    -
    04/24/26
    -
    -
    6 Bennett Rd, Howe, TX
    3.79
    Lot/Land
    -
    06/03/26
    -
    -
    104 E Duke St, Howe, TX
    3.83
    Lot/Land
    -
    09/29/25
    -
    -
    Tbd Luella Rd, Sherman, TX
    4.41
    Lot/Land
    -
    04/01/26
    -
    -
    Lot 5 Bennett Rd, Howe, TX
    3.92
    Lot/Land
    -
    02/27/26
    -
    -
    Lot 3 Bennett Rd, Howe, TX
    3.93
    Lot/Land
    -
    08/07/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    16.958 W Shepherd Dr, Sherman, TX 75092
    0.35
    -
    -
    -
    -
    Off Market
    1420 W Shepherd Dr, Sherman, TX 75092
    0.78
    -
    4
    3
    3,208
    Recently Sold
    Saint Ford Rd, Howe, TX 75459
    1.38
    -
    -
    -
    -
    Off Market
    2164 Ford Rd, Howe, TX 75459
    1.44
    $5,665,000
    -
    -
    -
    For Sale
    5209 Farmington Rd, Sherman, TX 75092
    1.51
    $654,100
    4
    3.5
    2,430
    Off Market

    Price and Tax history

    DateEventPrice
    Dec 12, 2025
    Source: NTREIS #20983252
    		PriceChange
    $7,725,650
    Price decreased by 6%
    Jun 27, 2025
    Source: NTREIS #20983252
    		Listed For Sale
    $8,180,100

    LGBTQ Local Legal Protections

    Greg Fife, Butch Fife, REALTORS, 903-891-3066
    Agent Phone: (903) 891-3066
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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    Frequently asked questions about Tbd Shepherd Dr

    • How big is Tbd Shepherd Dr?
      Tbd Shepherd Dr in Sherman, TX is about 90.9 acres.
    • What is the price per acre for Tbd Shepherd Dr?
      Tbd Shepherd Dr in Sherman, TX is listed at $7,725,650, or about $85K per acre.
    • What do residents say about Sherman?
      Residents describe Sherman, TX as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Sherman, TX.
    • What are the closest schools to Tbd Shepherd Dr?
      The closest schools to Tbd Shepherd Dr in Sherman, TX are Howe Elementary School (Pre-K), Howe High School (rated 7/10), Howe Intermediate School (Elementary, rated 5/10).
    Tbd Shepherd Dr, Sherman, TX 75092 is a lot/land. This property is currently available for sale and was listed by NTREIS on Jun 27, 2025. The MLS # for this home is MLS# 20983252.