• Office Phone - 214.572.1400
  • Primary - 214.801.4417

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Listing provided courtesy of Butch Fife, REALTORS- MLS# 20983252MLS ProviderContact Information: Greg Fife - 903-891-3066

TBD Shepherd DriveSherman, TX 75092

Vacant Land · 90.89 Acres
$7,725,650 Active

TBD Shepherd Drive Overview

Visits:
5

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.

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TBD Shepherd Drive Facts & Features

  • Type Vacant Land
  • Lot 90.89 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Howe ISD
  • Elementary School: Summit Hill
  • Middle Or Junior School: Howe
  • High School: Howe

Business Information

  • Current Use: Agricultural

Location/Region

  • Country: US
  • County Or Parish: Grayson
  • Postal City: SHERMAN
  • Subdivision Name: MCKINNEY & WILLIAMS A-G0866

Rent/Lease Information

  • Land Lease: Yes

Tax Information

  • Tax Annual Amount: 169.0

General Information

  • Listing Terms: Private Financing Available
  • Parcel Number: 127663
  • Possible Use: Commercial,Development,Industrial,Investment,Multi-Family,Recreational,Single Family
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,City Lot
  • Lot Size Acres: 90.89
  • Lot Size Area: 90.89
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3959168.4
  • Lot Size Units: Acres
  • Road Surface Type: Gravel,Asphalt
  • Water Source: Public

General Information

  • Road Frontage Type: County Road,City Street
  • Utilities: Electricity Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

TBD Shepherd Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

TBD Shepherd Drive Market Data

Based on the last 30 days in this zip code

$386,732
Average List Price
$183
Average Price per Square Foot
39
Properties Sold
237
Average Days on Market
448
Properties for Sale
Calculations provided by Reliance Network


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