Commercial Land at Road
For Sale
$7,725,650
Shepherd Drive, Sherman, TX 75092
Land, Sherman, TX
Property SizeContact for details
Lot Size90.89 Acres
Days on Market122
Property Features for Shepherd Drive
General Information
Property type
Land
Property subtype
Other
Zoning description
Unzoned and inside city limits
Subdivision
MCKINNEY & WILLIAMS A-G0866
Lot features
Acreage, City Lot
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
From Hwy. 75, go west on Shepherd Dr. property and gate is on the south side of the round before the intersection at Farmington. There is a sign along Shepherd Dr. and along Farmington Rd.
Standard status
Active
APN
127663
Lot size
90.89 Acres
Taxes and HOA fees
Tax Description
G-0866 MCKINNEY & WILLIAMS A-G0866, ACRES 90.
Tax Annual Amount
169
Legal Description
G-0866 MCKINNEY & WILLIAMS A-G0866, ACRES 90.
Utilities
Water source
Public
Listing Agency:
Butch Fife, REALTORS
(903) 891-3066
Listed By:
Greg Fife · License #0739890
(903) 815-0213
Added: Jun 4
Changed: Sep 3
Last Checked: Oct 3 at 8:06PM
MLS# 20983252
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 90.89-acre commercial land tract occupies the intersection of Shepherd Drive and Farmington Road in Sherman, Texas. Public water serves the property, with a 20-inch groundwater line available along Farmington Road and a 36-inch sewer line located approximately 1 mile east near the Texas Instruments development.
The tract is positioned 1 mile west of the Texas Instruments expansion and near an H-E-B acquisition site measuring 20 acres. Additional development referenced nearby includes Cottonwood on FM 902 and Shepherd’s Place at Shepherd Road and U.S. Highway 75. A portion of Shepherd Road has been improved to four lanes with a median, providing an upgraded road setting for the surrounding area.
The tract is positioned 1 mile west of the Texas Instruments expansion and near an H-E-B acquisition site measuring 20 acres. Additional development referenced nearby includes Cottonwood on FM 902 and Shepherd’s Place at Shepherd Road and U.S. Highway 75. A portion of Shepherd Road has been improved to four lanes with a median, providing an upgraded road setting for the surrounding area.
Key Highlights
- 90.89‑acre commercial land tract
- At the corner of Shepherd Drive and Farmington Road
- 20‑inch groundwater line available along Farmington Road
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner land with public water and nearby water and sewer infrastructure.
Where is this commercial land located?
The property is located at Shepherd Drive Sherman, TX.
What is the asking price?
The asking price for this property is $7,725,650.
What are key features of this property?
This property features: 90.89‑acre commercial land tract; At the corner of Shepherd Drive and Farmington Road; 20‑inch groundwater line available along Farmington Road
