Ask Everette Newland
+- 35 Acres Available in the Sherman ETJ; less tha n 2 Miles from Texas Insruments $30 billion chip manufacturing facility set to open in 1Q 2025! We sold the 20 Acres fronting Bennett Road this year for $83,000 per acre and this makes for a fanastic opportunity for only $76,000 per acre!
UTILITIES: Water on Site, Sewer off site. Future Thoroughfare plan extends Shepherd Rd past Bennett Rd as a Major Arterial Road, just north of the property. On-site water via Luella SUD. 4 in. and 6 in. line on site. 18 in. Sewer being brought from the North down South to Shepherd Rd just East of US75. Shepherd Rd is being widened into a 4 lane undivided major arterial to the railroad crossing three fourth of a mile West. Shepherd will be extended east as development occurs. Site is also approximately 3.7 miles from Globitech’s $5 billion expansion. Coherent Corp (II-VI) recently announced they will be advancing conversations to inject $3 billion in capital into their facility, adjacent to TI. 532-Acre Master Planned Community, Shepherd’s Place, located across US75, will boast over 900 homes at full buildout.
Directions: Take Shepherd Rd. East from US75 until it turns into Tate Circle. Head North on Biggerstaff, and take a right on Bennett Rd. Property is just South of 1559 Bennett Rd Howe, Texas if you log this into your GPS. It will be on your Right.
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Listed By: Joshua Bryan of Fairview Development Inc.