
1100 SHEPHERD, Sherman, TX 75092
None · Grayson County
Key Facts
Description
Here is the information for a 23.4 acre Build-to-Rent Site and a 30 acre Multifamily Site that are part of a larger master planned community called Shepherd’s Place, located at the southwest corner of US-75 and Shepherd Road in Sherman, TX. The Site is zoned under the Shepherd’s Place planned development, a 531 acre community, which will also include, but not limited to, 60 acres of retail, 20 acres of office, 941 single family lots, 24 acres of townhomes, and 7 acres of hospitality. Please note, Ownership would consider subdividing the 30 acre Multifamily Site into two 15 acre tracts, and the Build-to-Rent Site can also be developed as multifamily; all the sites can be purchased individually.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
53.40 acres
Days on Market
6
MLS® Listing#
21297589
Property Features
Lot Features
Sewer
Water Source
Schools
- Elementary:
- Summit Hill
- Middle:
- Howe
- High:
- Howe
- District:
- Howe ISD
Financial Details
Parcel Number
127649
Directions
The Sites are at the southwest quadrant of US 75 and Shepherd Road
Affordability Calculator
$3,008,254
Estimated monthly payment
$80,056/mo
Principal $12,033,014 · Est. interest $16,787,126 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sherman, TX
- $319,257
- Median Listing Price
- 73
- Median Days on Market
- 1,849
- Median Sq Ft
- $161
- Median Price / Sq Ft
- 449
- Active Listings
- This home’s price is 4611% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sherman, TX.
Location
Points of Interest in Sherman, TX
Showing the Sherman area map.
Nearby Schools
Howe High School
Secondary · 1.6 mi away
Summit Hill Elementary School
Elementary · 1.8 mi away
Howe Independent School District
School · 2.9 mi away
Howe Isd
School · 2.9 mi away
The School Zone Academy
School · 3.0 mi away
Howe Middle School
Secondary · 3.2 mi away
Howe Elementary School
Elementary · 3.2 mi away
Sherman High School
Secondary · 3.6 mi away
Western Heights Church of Christ
Elementary · 5.2 mi away
Texoma Christian School
Secondary · 5.4 mi away
Sory Elementary School
Elementary · 5.5 mi away
Washington Elementary School
Elementary · 5.6 mi away
St Mary's School
School · 5.8 mi away
Wakefield Elementary School
Elementary · 6.1 mi away
Grayson Christian School
School · 6.1 mi away
Piner Middle School
Secondary · 6.1 mi away
Covenant Presbyterian Pre School
School · 6.1 mi away
Crutchfield Elementary School
Elementary · 6.5 mi away
Fred Douglass Early Childhood Center
School · 6.8 mi away
Belden Street Montessori
Elementary · 6.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 11086 State Highway 56, Sherman, TX | $10,738,700 | — | — | — |
| 3209 Texoma Parkway, Sherman, TX | $10,775,000 | — | — | — |
| 95 Meadowlake Lane, Sherman, TX | $15,619,175 | — | — | — |
| 151 Acres PRESTON Road, Sherman, TX | $18,900,000 | — | — | — |
| TBD W Shepherd Drive, Sherman, TX | $19,000,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Sherman
Listing Courtesy: Vanguard Real Estsate Advisors - 214-556-1951
Presented by: Jordan Cortez
Last Updated: 2026-06-09














