# Shepherd Drive, Sherman, TX 75092 > **TL;DR:** land, $7,725,650. Est. $41,318/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $7,725,650 | | Lot Size | 3,959,168 sqft (90.89 acres) | | Property Type | Land (Other) | | Status | Active Under Contract | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $39,065 | | Estimated Insurance | $2,253 | | **Total** | **$41,318** | ## Nearby Schools - **Elementary:** Summit Hill - **Middle:** Howe - **High:** Howe ## Property Highlights - 90.89 acre lot ## Description ### Agent 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. ## Location - **Address:** Shepherd Drive, Sherman, TX 75092 - **County:** Grayson - **Neighborhood:** MCKINNEY & WILLIAMS A-G0866 - **Coordinates:** 33.55170129, -96.64054246 - **Google Maps:** https://www.google.com/maps?q=33.55170129,-96.64054246 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/20983252 ## Listing Agent - **Name:** Greg Fife - **Brokerage:** BUTCH FIFE REALTORS - **Broker Phone:** (903) 891-3066 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/Shepherd-Dr_Sherman_TX_75092_M96398-70130?f=listhub&s=NTREIS&m=20983252&c=propsimple) ## Photos ![Shepherd Drive - Photo 1](http://lh.rdcpix.com/508cf006d088204c6480fcde4c893906l-f3520133094r.jpg) ![Shepherd Drive - Photo 2](http://lh.rdcpix.com/508cf006d088204c6480fcde4c893906l-f2981181256r.jpg) ![Shepherd Drive - Photo 3](http://lh.rdcpix.com/508cf006d088204c6480fcde4c893906l-f1141974671r.jpg) ![Shepherd Drive - Photo 4](http://lh.rdcpix.com/508cf006d088204c6480fcde4c893906l-f4288398787r.jpg) ![Shepherd Drive - Photo 5](http://lh.rdcpix.com/508cf006d088204c6480fcde4c893906l-f1649494683r.jpg) ![Shepherd Drive - Photo 6](http://lh.rdcpix.com/508cf006d088204c6480fcde4c893906l-f1231104853r.jpg) ![Shepherd Drive - Photo 7](http://lh.rdcpix.com/508cf006d088204c6480fcde4c893906l-f3045198721r.jpg) ![Shepherd Drive - Photo 8](http://lh.rdcpix.com/508cf006d088204c6480fcde4c893906l-f3901597743r.jpg) --- **MLS#:** 20983252 | **Updated:** 2026-10-27 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/shepherd-drive-sherman-tx-75092-ba4ba8788a434570874f18903dd6a30d) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/shepherd-drive-sherman-tx-75092-ba4ba8788a434570874f18903dd6a30d#listing", "url": "https://www.propertysimple.ai/listing/shepherd-drive-sherman-tx-75092-ba4ba8788a434570874f18903dd6a30d", "name": "Shepherd Drive, Sherman, TX 75092", "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. 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