Tbd Shepherd Dr, Sherman, TX 75092

$7,725,650

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List Price
$7,725,650
Price Change
▼ $454,450 1765525628
MLS#
20983252
Status
ACTIVE
Type
Land
Subtype
Land
Acres
90.89
County
Grayson
City
Sherman
Subdivision
MCKINNEY & WILLIAMS A-G0866

Property Description

PRIME LOCATION! This tract is strategically located on the same road 1 mile west from the $30B Texas Instruments expansion. At the corner of Shepherd Rd. and Farmington Rd. this 90.89 acre tract is poised to capitalize on the population influx from DFW along with the many jobs created by the Texas Instruments development and chip manufacturing boom taking place in southern Sherman spearheaded by Global Wafers. HEB recently announced acquisition of a 20 acre site very close by. Many new developments coming nearby including Centurion American's Cottonwood development on FM 902, Shepherd's Place master planned community at Shepherd Road and Hwy. 75. With an available 20 inch groundwater line running along Farmington and a 36 inch sewer line located approximately 1 mile east at Texas Instruments. this site has much potential. In preparing for this growth, a portion of Shepherd Rd. has been recently updated to a 4 lane road and median. Many new developments are shaping up the surrounding area and this tract is next. Seller will consider owner financing. Call us for any questions.

Additional Information

Unexempt Taxes
$169
Lot Size
3,959,168
Acres
90.89
Lot Description
City Lot
School District
Howe Isd
Elementary School
Summit Hill
Middle School
Howe
High School
Howe
Possession
CloseOfEscrow
Proposed Use
Commercial, Development, Industrial, Investment, Multi-Family, Recreational, Single Family

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Calculator source: Real Geeks

Listing courtesy of Greg Fife from Butch Fife, REALTORS. Contact: 903-891-3066