Build-to-Rent Multi-Family Land
For Sale
$15,041,268
1100 SHEPHERD, Sherman, TX 75092
LAND - Sherman, TX
Property SizeContact for details
Lot Size53.40 Acres
Days on Market71
Property Features for 1100 SHEPHERD
General Information
Property type
Land
Property subtype
Other
Zoning description
Planned Development
Lot features
Subdivision
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
The Sites are at the southwest quadrant of US 75 and Shepherd Road
Standard status
Active
APN
127649
Lot size
53.40 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Vanguard Real Estsate Advisors
(214) 556-1951
Listed By:
Jordan Cortez · License #0494942
(214) 556-1951
Added: Jun 15
Changed: Aug 1
Last Checked: Aug 24 at 11:06AM
MLS# 21297589
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Investment Insights
Based on property information with market context.
The offering includes two separate land tracts intended for higher-density residential development within Shepherd’s Place, a 531-acre master planned community. One tract is identified as a 23.4-acre build-to-rent site, and the other is a 30-acre multifamily site. Ownership notes the build-to-rent site can also be developed as multifamily, and the 30-acre multifamily site could be subdivided into two 15-acre tracts. Both sites are zoned under the Shepherd’s Place planned development, supporting projects that fit within the community’s overall plan.
Shepherd’s Place is located at the southwest corner of US-75 and Shepherd Road in Sherman, Texas. The planned community is described as including, among other uses, 60 acres of retail, 20 acres of office, 941 single-family lots, 24 acres of townhomes, and 7 acres of hospitality, providing a mixed-use framework around the residential tracts.
For developers, the combination of two build-ready land options within a single planned development can support flexible residential strategies, including build-to-rent or multifamily designs. The stated ability to purchase the sites individually, along with the potential to subdivide one tract into two parcels, may be useful for operators evaluating phased development or tract-level packaging.
Shepherd’s Place is located at the southwest corner of US-75 and Shepherd Road in Sherman, Texas. The planned community is described as including, among other uses, 60 acres of retail, 20 acres of office, 941 single-family lots, 24 acres of townhomes, and 7 acres of hospitality, providing a mixed-use framework around the residential tracts.
For developers, the combination of two build-ready land options within a single planned development can support flexible residential strategies, including build-to-rent or multifamily designs. The stated ability to purchase the sites individually, along with the potential to subdivide one tract into two parcels, may be useful for operators evaluating phased development or tract-level packaging.
Key Highlights
- 23.4‑acre build‑to‑rent site and 30‑acre multifamily site in Shepherd's Place master planned community
- Located at the southwest corner of US‑75 and Shepherd Road in Sherman, TX
- Sites are within the Shepherd's Place planned development zoning (531‑acre community)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two development-ready land sites within a planned community, with zoning under the Shepherd’s Place planned development.
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 in Shepherd's Place master planned community; Located at the southwest corner of US‑75 and Shepherd Road in Sherman, TX; Sites are within the Shepherd's Place planned development zoning (531‑acre community)
