$8,800,000
TBD 148 Acres US Hwy 82 & Lamberth, Sherman, TX, 75092
About this property
Incredible development opportunity: 148+ acres in prime location in one of the fastest growing areas in the US. 12-inch City of Sherman water line along US Hwy 82. This property, located near the major intersection of Hwy 289 and US Hwy 82, has close proximity to high-end developments and the North Texas Regional Airport. Approximately 2,122 ft frontage along US Hwy 82 and 2,405 ft frontage along Lamberth offers unparalleled development characteristics. Sherman's robust industrial base includes Texas Instruments, with a $30B expansion of their semiconductor wafer plant underway, Taiwan-based GlobalWafers has announced a new state-of-the-art 300-millimeter silicon wafer factory. Property includes several ponds, mature trees and ag exemption. Sewer located nearby. No flood plain per FEMA flood maps. Lamberth Road is slated as 4 lane thoroughfare in the future. Concept site plan and survey available upon request.
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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Sherman
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