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

1100 Shepherd, Sherman, TX 75092

Large planned-development land offering flexible build-to-rent or multifamily development options within a master community.

Property SizeContact for details
Lot Size30.00 Acres
Days on Market101

Property Features for 1100 Shepherd

General Information

Standard status Active
Lot size 30.00 Acres
Property subtype Commercial
Zoning Shepherd's Place planned development

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Vanguard Real Estsate Advisors. Contact:
Listed By: Jordan Cortez · License #0494942
Source: Settleindfw
Added: Jun 25 Changed: Sep 25 Last Checked: Oct 2 at 8:09PM

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. Contact:

Investment Insights

Based on property information with market context.

This offering includes two land parcels that may be developed as build-to-rent, multifamily, or a combination of housing product types within a larger master planned community. The Build-to-Rent Site is 23.4 acres, and the Multifamily Site is 30 acres. Both sites are governed by the Shepherd’s Place planned development zoning. Ownership will consider subdividing the 30-acre Multifamily Site into two 15-acre tracts, and the Build-to-Rent Site can also be developed as multifamily, with the option to purchase the sites individually.

Shepherd’s Place is a 531-acre community planned for a mix of uses, including residential neighborhoods, townhomes, hospitality, and commercial development. The planned development also contemplates 60 acres of retail and 20 acres of office, alongside 941 single-family lots, 24 acres of townhomes, and 7 acres of hospitality.

For developers and investors, the parcels provide flexible land planning under an established planned development framework, with the ability to tailor configuration and product type based on market positioning. The option to acquire each site separately, and to potentially split the multifamily land into two tracts, can support phased development or differing project strategies.

Key Highlights

  • 23.4‑acre build‑to‑rent site and 30‑acre multifamily site in Shepherd’s Place master planned community
  • Both sites are within the Shepherd’s Place planned development (531‑acre community) at the southwest corner of US‑75 and Shepherd Road in Sherman, TX
  • Shepherd’s Place includes 60 acres of retail, 20 acres of office, 24 acres of townhomes, and 7 acres of hospitality (plus 941 single‑family lots)

Property Analytics

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Current Use

Residential land & home ...

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Large planned-development land offering flexible build-to-rent or multifamily development options within a master community.
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; Both sites are within the Shepherd’s Place planned development (531‑acre community) at the southwest corner of US‑75 and Shepherd Road in Sherman, TX; Shepherd’s Place includes 60 acres of retail, 20 acres of office, 24 acres of townhomes, and 7 acres of hospitality (plus 941 single‑family lots)
More about this property
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