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Build-to-Rent Development Land
For Sale
$15,041,268

1100 SHEPHERD, Sherman, TX 75092

Multiple-acre development site in a planned community with options for build-to-rent or multifamily uses.

Property SizeContact for details
Days on Market76

Property Features for 1100 SHEPHERD

General Information

Standard status Active
Property subtype Unimproved Land
Zoning Shepherd's Place planned development

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Vanguard Real Estsate Advisors
Listed By: Jordan Cortez · License #0494942
Source: Senderopropertiesllc
Added: Jun 10 Changed: Aug 8 Last Checked: Aug 8 at 8:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vanguard Real Estsate Advisors

Investment Insights

Based on property information with market context.

This offering includes a 23.4-acre build-to-rent site and a 30-acre multifamily site within the Shepherd’s Place master planned community. The land is zoned under the Shepherd’s Place planned development for a 531-acre community. Shepherd’s Place is designed to include, among other components, 60 acres of retail, 20 acres of office, 941 single family lots, 24 acres of townhomes, and 7 acres of hospitality. Ownership is open to subdividing the 30-acre multifamily site into two separate 15-acre tracts, and the 23.4-acre build-to-rent site can also be developed as multifamily.

Located at the southwest corner of US-75 and Shepherd Road in Sherman, Texas, the parcels are positioned within a larger planned development framework. As part of the overall community, the sites can be purchased individually, providing flexibility for developers and investors seeking a defined land package.

For buyers, the configuration supports either a build-to-rent strategy or a multifamily conversion, depending on the preferred product and financing plan. The ability to subdivide the larger tract may also help tailor phasing and site assembly for phased development schedules.

Key Highlights

  • 23.4‑acre build‑to‑rent site and 30‑acre multifamily site within the 531‑acre Shepherd’s Place master planned community
  • Located at the southwest corner of US‑75 and Shepherd Road in Sherman, TX
  • Both sites are zoned under the Shepherd’s Place planned development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Plumbing Service Kitchen & Bath Showroom Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Multiple-acre development site in a planned community with options for build-to-rent or multifamily uses.
Where is this residential land & home lot located?
The property is located at 1100 SHEPHERD Sherman, TX.
What is the asking price?
The asking price for this property is $15,041,268.
What are key features of this property?
This property features: 23.4‑acre build‑to‑rent site and 30‑acre multifamily site within the 531‑acre Shepherd’s Place master planned community; Located at the southwest corner of US‑75 and Shepherd Road in Sherman, TX; Both sites are zoned under the Shepherd’s Place planned development
More about this property
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