The 289 acres designated for single-family residential development have been sold. The remaining approximately 249 acres are now available for commercial, multi-family, senior living, flex, retail, and other future development opportunities.

531 acres

Original Master-Planned Development Size

289 acres

Single-Family Residential Land

SOLD

25 acres

Senior Living Opportunities

45 acres

Residential Lease / Flex Padded Sites

24 acres

Multi-Family Padded Sites

128 acres

Commercial Padded Sites


The Shepherd's Place Advantage

Favorable Location

With the City of Sherman surrounded by major employment hubs and continued regional growth, Shepherd’s Place offers strong long-term development potential in one of North Texas’s expanding corridors.

Strategically positioned near U.S. Highway 75, the site provides excellent access, visibility, and connectivity for future commercial, multi-family, senior living, flex, retail, and mixed-use development opportunities.

Supported by nearby industry, infrastructure improvements, and Sherman’s growing economic base, the area continues to attract developers, investors, businesses, and commercial land buyers looking for future-ready growth opportunities.

A Master-Planned Development

Shepherd’s Place was originally planned as a 531-acre master-planned development in Sherman, Texas, designed to support a balanced mix of residential, commercial, multi-family, senior living, retail, flex, and other development components.

The master plan reflects a thoughtful approach to land use, access, visibility, infrastructure, and long-term growth, creating a flexible development framework for Sherman’s expanding economic corridor.

With clearly planned development areas and strong regional positioning, Shepherd’s Place continues to support future opportunities across multiple real estate and commercial development categories.

Development Benefits

Shepherd’s Place benefits from Sherman’s growing economy, strong infrastructure access, nearby employment centers, and expanding community services, making it a well-positioned site for long-term development.

With approximately 249 acres available for sale, the remaining development areas are positioned for commercial users, multi-family developers, senior living operators, flex-space concepts, retail groups, and other strategic development partners.

With approximately 249 acres available for sale, the remaining development areas are positioned for commercial users, multi-family developers, senior living operators, flex-space concepts, retail groups, and other strategic development partners.

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A Notable City

Nestled in the Texoma region of North Texas, Sherman continues to attract attention as a growing city with strong employment opportunities, infrastructure expansion, and long-term development potential.

Shepherd’s Place is positioned within this growth corridor, offering remaining opportunities for commercial, multi-family, senior living, flex, retail, and other development uses. With access to major roads, nearby employers, and a growing regional population, Sherman provides a strong setting for future development.

An Exceptional Quality Of Life

Sherman offers a balanced lifestyle with access to employment, education, healthcare, recreation, and regional connectivity. The city’s continued growth makes it an attractive location for residents, businesses, developers, and investors.

With a strong workforce, expanding infrastructure, and a welcoming community environment, Sherman continues to support long-term growth while offering the comfort and convenience of a well-connected North Texas city.

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Strive And Thrive

Sherman continues to support business growth, entrepreneurship, manufacturing, and regional investment. From established companies to emerging businesses, the city provides an environment where development and economic activity can continue to expand.

Shepherd’s Place is aligned with this growth. With the residential portion sold, the remaining approximately 249 acres offer opportunities for commercial users, multi-family developers, senior living operators, flex-space concepts, retail groups, and other strategic development partners.

Build Your Future With Us

Approximately 249 acres of land are available for sale, offering opportunities for commercial, multi-family, senior living, flex, retail, and other future development uses at Shepherd’s Place.

Originally planned as a 531-acre master-planned development, the project has already achieved a major milestone, with 289 acres of single-family residential land sold. With planning, surveys, grading, and feasibility work supporting the site, Shepherd’s Place continues to present strong potential for developers, investors, and commercial land buyers.

Venture Highlights

  • Approximately 249 acres available for sale for commercial, multi-family, senior living, flex, retail, and other development opportunities
  • Excellent land visibility and access near U.S. Highway 75
  • Approx. 1,553 feet of frontage along Highway 691
  • Approx. 1,387 feet of frontage along Heritage Parkway
  • Located approximately 65 miles north of Dallas near the Oklahoma border
  • Positioned within Sherman’s growing economic and development corridor
  • Original master-planned development spanning 531 acres
  • 289 Acres of Single-Family Residential Land — SOLD

Paving The Path To Growth

Texas continues to attract major employers, advanced manufacturing, technology investment, and infrastructure expansion. Sherman is benefiting from this momentum through improved connectivity, expanding business corridors, and continued economic development.

Shepherd’s Place is positioned within this growth corridor, with approximately 249 acres available for sale for commercial, multi-family, senior living, flex, retail, and other development opportunities.

Originally planned as a 531-acre master-planned development, the project has already achieved strong progress, with 289 acres of single-family residential land sold. With Sherman preparing for continued population and business growth, Shepherd’s Place remains a strategic opportunity for developers, investors, and commercial land buyers.

Well-Planned Architecture

Planning efforts at Shepherd’s Place have supported the vision of a 531-acre master-planned development designed for long-term growth in Sherman, Texas.

With 289 acres of single-family residential land now sold, the remaining approximately 249 acres continue to be positioned for commercial, multi-family, senior living, flex, retail, and other development opportunities.

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Surveys and Feasibility Studies

Surveys, feasibility studies, and development planning have helped establish a strong foundation for the next phase of Shepherd’s Place.

These efforts continue to support informed decision-making for developers, investors, and commercial land buyers evaluating the remaining acreage for commercial, multi-family, senior living, flex, retail, and other strategic development uses.

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Proximity to several Fortune 100 industries such as

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Director - Shepherd's Place

Ravi Polishetty embodies the essence of visionary leadership and innovative spirit that defines the firm. His relentless pursuit of excellence, coupled with a disciplined approach to quality, has been instrumental in steering the firm towards remarkable achievements across various sectors. Ravi's strategic foresight and commitment to innovation have not only propelled the firm to new heights but have also established us as a beacon of industry-leading excellence.

Under his guidance, the firm has seen unprecedented growth and success, transforming each challenge into an opportunity for innovation. As a Director, Ravi continues to inspire and drive the team towards achieving excellence in all our endeavors, solidifying our position at the forefront of the industry.

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Contact Information

Location: 1100 W Shepherd Dr, Sherman, TX 75092, USA

Phone Number: 469-598-2558

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You can contact us for any questions you have.