Build-to-Rent and Multifamily
For Sale
$15,041,268
1100 SHEPHERD, Sherman, TX 75092
Two development tracts in a master-planned community, offered separately or together for build-to-rent or multifamily.
Property SizeContact for details
Lot Size23.40 Acres
Days on Market146
Property Features for 1100 SHEPHERD
General Information
Standard status
Active
Lot size
23.40 Acres
Property subtype
Unimproved Land
Zoning
planned development
Listing Agency:
Vanguard Real Estsate Advisors
Listed By:
Jordan Cortez · License #0494942
(214) 556-1951
Source:
Sukazarealty
Added: Jun 10
Changed: Oct 31
Last Checked: Nov 1 at 2:14AM
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
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Investment Insights
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This offering includes a 23.4-acre build-to-rent site and a 30-acre multifamily site within Shepherd’s Place, a master-planned community. Both sites are zoned under the Shepherd’s Place planned development. Ownership would also consider subdividing the 30-acre multifamily site into two 15-acre tracts, and the build-to-rent site can be developed as multifamily as well. All sites can be purchased individually.
Shepherd’s Place is a 531-acre community located at the southwest corner of US-75 and Shepherd Road in Sherman, TX. The planned development contemplates additional land uses, including 60 acres of retail, 20 acres of office, 941 single family lots, 24 acres of townhomes, and 7 acres of hospitality.
For developers, the flexible site structure can support either a build-to-rent concept or a multifamily design, with the option to purchase one tract or combine strategies across both properties. The planned development framework and related mix of uses may help align the project with a broader community build-out, whether targeting long-term renter housing or conventional multifamily development.
Shepherd’s Place is a 531-acre community located at the southwest corner of US-75 and Shepherd Road in Sherman, TX. The planned development contemplates additional land uses, including 60 acres of retail, 20 acres of office, 941 single family lots, 24 acres of townhomes, and 7 acres of hospitality.
For developers, the flexible site structure can support either a build-to-rent concept or a multifamily design, with the option to purchase one tract or combine strategies across both properties. The planned development framework and related mix of uses may help align the project with a broader community build-out, whether targeting long-term renter housing or conventional multifamily development.
Key Highlights
- 23.4‑acre build‑to‑rent site and 30‑acre multifamily site within Shepherd’s Place, a 531‑acre master planned community in Sherman, TX
- Located at the southwest corner of US‑75 and Shepherd Road
- Both sites are zoned under the Shepherd’s Place planned development
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Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two development tracts in a master-planned community, offered separately or together for build-to-rent or multifamily.
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 Shepherd’s Place, a 531‑acre master planned community in Sherman, TX; Located at the southwest corner of US‑75 and Shepherd Road; Both sites are zoned under the Shepherd’s Place planned development
