+- 20 Acres SOLD
+- 35.19Acres Available in the Sherman ETJ ( Outside City Limits).
UTILITIES: Water on Site, Sewer off site coming down Shepherd Rd less than 1 mile West of the Property.
HIGHLIGHTS:
• 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' and 6' line on site.
• 18’ 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 3/4 of a mile West. Shepherd will be extended east as development occurs.
• Tract is positioned approximately 1.8 acres from Texas Instruments Chip Manufacturing Facility, which received approval for a $30 billion
expansion, the largest economic development project in Texas State History. An estimated 3,200 jobs will be created as a result.
• Site is also approximately 3.7 miles from Globitech’s $5 billion expansion, which will produce an estimated 1,500 employees.
• Coherent Corp (II-VI) recently announced they will be advancing conversations to inject $3 billion in capital into their facility located on the NWC of Shepherd and US-75, adjacent to TI.
• 532-Acre Master Planned Community, Shepherd’s Place, located across US75, will boast over 900 homes at full buildout.
• Hard Rock Hotel and Margaritaville Resorts recently announced developments on Lake Texoma, just 20 minutes North.