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US 75
Sherman, TX 75092
SWC US-75 & Shepherd Rd, Sherman, TX · Land For Sale · 259.70 AC

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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
No. Lots 5
Property Type Land
Property Subtype Residential
Proposed Use
Commercial
  • Retail
  • Convenience Store
  • Daycare Center
  • Fast Food
  • Hotel
  • Medical
  • Open Space
  • Restaurant
  • Service Station
  • Storefront, Retail or Office
  • Strip Center
  • Single Family Residence
Total Lot Size 259.70 AC
Cross Streets Shepherd Rd
Zoning C - Commercial & Residential

5 LOTS AVAILABLE

Lot Pod 1

Lot Size 59.80 AC

Master-planned residential pod within Shepherd’s Place (±303.2 AC residential / ±531 AC total). Entitled & concept-planned; phasing by pods. City of Sherman water/wastewater; electric—Grayson-Collin EC; natural gas—Atmos; fiber-ready (provider TBD).

Lot Pod 2

Lot Size 64.90 AC

Master-planned residential pod within Shepherd’s Place (±303.2 AC residential / ±531 AC total). Entitled & concept-planned; phasing by pods. City of Sherman water/wastewater; electric—Grayson-Collin EC; natural gas—Atmos; fiber-ready (provider TBD).

Lot Pod 3

Lot Size 48.80 AC

Master-planned residential pod within Shepherd’s Place (±303.2 AC residential / ±531 AC total). Entitled & concept-planned; phasing by pods. City of Sherman water/wastewater; electric—Grayson-Collin EC; natural gas—Atmos; fiber-ready (provider TBD).

Lot Pod 4

Lot Size 46.20 AC

Master-planned residential pod within Shepherd’s Place (±303.2 AC residential / ±531 AC total). Entitled & concept-planned; phasing by pods. City of Sherman water/wastewater; electric—Grayson-Collin EC; natural gas—Atmos; fiber-ready (provider TBD).

Lot 1

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

  • Listing ID: 37053833

  • Date on Market: 7/31/2025

  • Last Updated:

  • Address: US 75, Sherman, TX 75092

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