Commercial Land Tract with Public
For Sale
$7,725,650
Shepherd Drive, Sherman, TX 75092
LAND - Sherman, TX
Property SizeContact for details
Lot Size90.89 Acres
Days on Market91
Property Features for Shepherd Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
Unzoned and inside city limits
Subdivision
MCKINNEY & WILLIAMS A-G0866
Lot features
Acreage, City Lot
Elementary school
Summit Hill
Middle school
Howe
High school
Howe
Elementary school district
Howe ISD
Middle school district
Howe ISD
High school district
Howe ISD
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.
Standard status
Active
APN
127663
Lot size
90.89 Acres
Taxes and HOA fees
Tax Description
G-0866 MCKINNEY & WILLIAMS A-G0866, ACRES 90.
Tax Annual Amount
169
Legal Description
G-0866 MCKINNEY & WILLIAMS A-G0866, ACRES 90.
Utilities
Water source
Public
Listing Agency:
Butch Fife, REALTORS
(903) 891-3066
Listed By:
Greg Fife · License #0739890
(903) 891-3066
Added: Jun 4
Changed: Aug 1
Last Checked: Sep 2 at 1:06AM
MLS# 20983252
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Large commercial land tract totaling 90.89 acres at the corner of Shepherd Rd. and Farmington Rd. Public water service is indicated.
The property is located about 1 mile west from the Texas Instruments expansion. An available 20 inch groundwater line runs along Farmington, and a 36 inch sewer line is located approximately 1 mile east at Texas Instruments. Shepherd Rd. has been recently updated to a 4 lane road with a median.
Seller will consider owner financing. For planning purposes, the property’s site utilities and road improvements are positioned around nearby industrial and retail development activity in southern Sherman.
The property is located about 1 mile west from the Texas Instruments expansion. An available 20 inch groundwater line runs along Farmington, and a 36 inch sewer line is located approximately 1 mile east at Texas Instruments. Shepherd Rd. has been recently updated to a 4 lane road with a median.
Seller will consider owner financing. For planning purposes, the property’s site utilities and road improvements are positioned around nearby industrial and retail development activity in southern Sherman.
Key Highlights
- 90.89‑acre commercial land tract at the corner of Shepherd Rd. and Farmington Rd.
- Public water service available
- 20 inch groundwater line running along Farmington
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
Explore this area
Business Placement
Demographics for 75092, TX
27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Large commercial land tract with public water and utility access along Farmington and nearby sewer line.
Where is this commercial land located?
The property is located at Shepherd Drive Sherman, TX.
What is the asking price?
The asking price for this property is $7,725,650.
What are key features of this property?
This property features: 90.89‑acre commercial land tract at the corner of Shepherd Rd. and Farmington Rd.; Public water service available; 20 inch groundwater line running along Farmington
