Industrial Land Corner
Shepherd Drive Sherman, TX 75092
Shepherd Drive, Sherman, TX, 75092
$7,725,650
For Sale
$7,725,650
LAND - Sherman, TX
Lot Size90.89 Acres
Days on Market210
Property Features for Shepherd Drive
General Information
- Property type
- Land
- Property subtype
- Other
- 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
Utilities
- Water source
- Public
Listing Agency
Butch Fife, REALTORS
(903) 891-3066
Sherman, TX
Listed by
Greg Fife · License #0739890
(903) 891-3066
Added: Dec 20, 2025 Checked: Jul 18 at 10:06 am
MLS# 20983252
Listing URL
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Investment Insights
Based on property information with market context.
This corner industrial land tract totals 90.89 acres and is positioned for development planning. The seller highlights available 20-inch groundwater infrastructure along Farmington, with a 36-inch sewer line located approximately one mile east at Texas Instruments. The site also benefits from regional infrastructure updates, including recent improvements to a portion of Shepherd Road to a four-lane configuration with a median.
The property sits at the intersection of Shepherd Road and Farmington Road, about one mile west of the Texas Instruments expansion. The remarks describe ongoing job creation and population growth in southern Sherman tied to chip manufacturing, including activity associated with Global Wafers. Additional nearby development mentioned includes HEB’s recently announced acquisition of a 20-acre site close by, Centurion American’s Cottonwood development on FM 902, and Shepherd’s Place, a master-planned community at Shepherd Road and Hwy. 75.
Given its industrial land designation and stated utility availability, this tract may appeal to buyers and operators looking to acquire land for future industrial use in an actively developing employment corridor. The seller indicates owner financing is available, which can be useful for development timelines that benefit from flexible capital structuring.
The property sits at the intersection of Shepherd Road and Farmington Road, about one mile west of the Texas Instruments expansion. The remarks describe ongoing job creation and population growth in southern Sherman tied to chip manufacturing, including activity associated with Global Wafers. Additional nearby development mentioned includes HEB’s recently announced acquisition of a 20-acre site close by, Centurion American’s Cottonwood development on FM 902, and Shepherd’s Place, a master-planned community at Shepherd Road and Hwy. 75.
Given its industrial land designation and stated utility availability, this tract may appeal to buyers and operators looking to acquire land for future industrial use in an actively developing employment corridor. The seller indicates owner financing is available, which can be useful for development timelines that benefit from flexible capital structuring.
Key Highlights
- 90.89‑acre tract at the corner of Shepherd Rd. and Farmington Rd.
- Public water available.
- 20‑inch groundwater line runs along Farmington.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial land
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial land - Corner industrial land with groundwater and nearby sewer capacity, positioned for growth tied to major area employers.
Where is this industrial 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 tract at the corner of Shepherd Rd. and Farmington Rd.; Public water available.; 20‑inch groundwater line runs along Farmington.
