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    1100 W Shepherd Dr Sherman, TX 75459

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    For Sale
    $22,800,000

    Strategically located land parcels ideal for development and investment.

    Lot size:
    266.00 Acres

    Property Features for 1100 W Shepherd Dr

    General Information

    Lot size
    266.00 Acres

    Source: Keller Williams Realty Allen Agent Cecilia Hampton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    266 Acres in Grayson County

    This offering presents an opportunity to acquire over 266 acres of land in Grayson County, specifically in Sherman and Howe, Texas. The location is near the new Texas Instruments facility, Shepherds Place, and the Sherman Gateway development. The property is suitable for residential, industrial, or mixed-use development. Its proximity to major transportation corridors and Howe High School enhances its potential for near-term projects or long-term investment. The property is positioned in a high-growth market in North Texas.
    Location Intelligence

    Current Use by Public Records

    Shepherd’s Place Construction Company

    Suggested Use

    Building Supply Kitchen & Bath Plumbing Service Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman
    County
    Grayson
    State
    Texas
    Longitude
    -96.6019978
    Latitude
    33.5458924

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    FAQs

    What type of property is this?
    Land - Strategically located land parcels ideal for development and investment.
    Where is this land located?
    The property is located at 1100 W Shepherd Dr Sherman, TX.
    What is the asking price?
    The asking price for this property is $22,800,000.
    What are key features of this property?
    This property features: - Over 266 acres of land in high-growth Grayson County, TX.; - Strategically located near Texas Instruments facility, Shepherds Place, and Sherman Gateway development.; - Ideal for residential, industrial, or mixed-use development.
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    1100 W Shepherd Dr Sherman, TX 75459
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    Sherman, TX 75459
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1100 W Shepherd Dr Sherman, TX 75459
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