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Grayson, US
PRIME LOCATION! This tract is strategically located on the same road 1 mile west from the $30B Texas Instruments expansion. At the corner of Shepherd Rd. and Farmington Rd. this 90.89 acre tract is poised to capitalize on the population influx from DFW along with the many jobs created by the Texas Instruments development and chip manufacturing boom taking place in southern Sherman spearheaded by Global Wafers. HEB recently announced acquisition of a 20 acre site very close by. Many new developments coming nearby including Centurion American's Cottonwood development on FM 902, Shepherd's Place master planned community at Shepherd Road and Hwy. 75. With an available 20 inch groundwater line running along Farmington and a 36 inch sewer line located approximately 1 mile east at Texas Instruments. this site has much potential. In preparing for this growth, a portion of Shepherd Rd. has been recently updated to a 4 lane road and median. Many new developments are shaping up the surrounding area and this tract is next. Seller will consider owner financing. Call us for any questions.
Courtesy Of: Butch Fife, REALTORS
Feature Highlights
- AG Exemption
Public Schools
- School District:
- Howe ISD
- Elementary School:
- Summit Hill
- Middle School:
- Howe
- High School:
- Howe
Exterior Features and Amenities
- Lot Features:
- Acreage
- Lot Size:
- 50 to =< 100 Acres
- Lot Size Area:
- 90.8900
- Lot Size Source:
- Assessor
- Lot Size Units:
- Acres
- Subdivision Name:
- MCKINNEY & WILLIAMS A-G0866
Utility Information
- Utilities:
- Asphalt,City Water,Electricity Available
Financial
- Tax Legal Description:
- G-0866 MCKINNEY & WILLIAMS A-G0866, ACRES 90.
- Unexempt Taxes:
- $169.00
Other Features
- Easements:
- Electric
- Parcel Number:
- 127663
- Possession:
- Closing/Funding
- Restrictions:
- Easement(s)
- Will Subdivide:
- No
Directions
From Hwy. 75, go west on Shepherd Dr. property and gate is on the south side of the round before the intersection at Farmington. There is a sign along Shepherd Dr. and along Farmington Rd.
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Data last updated: 2026-05-20.
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