REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$15,041,268
Est. payment /mo
53.4 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21297589
HOA Y/N None
Lot Size 53.400 Acres
Acres 53.4
Property Sub-Type Unimproved Land
Property 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.
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.
Location
State TX
County Grayson
Zoning Planned Development
Direction The Sites are at the southwest quadrant of US 75 and Shepherd Road
Exterior
Utilities Available City Sewer, City Water
Garage No
Building
Lot Description Subdivision
Schools
Elementary Schools Summit Hill
Middle Schools Howe
High Schools Howe
School District Howe Isd
Others
Restrictions No Known Restriction(s)
Read Less Info
©2026 North Texas Real Estate Information Systems.
Listed by Jordan Cortez • Vanguard Real Estsate Advisors
Nearby Locations
GET MORE INFORMATION
Cory Smith
License ID: 0592001