56 Finished Townhome Lots | Jamestown Square Sherman, TX
Land | 5.35 acres
Marketing description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer builders the opportunity to purchase 56 finished townhome lots located in the Jamestown Square mixed-use development in Sherman, TX (the “Site”). This offering consists of primarily 25’x100’ finished lots with front facing garages.
Jamestown Square will also include retail, multifamily, and build-to-rent in addition to the townhomes. The Site is prominently located along US-75 directly across from Texas Instruments and its future $30 billion semiconductor plant that is currently under construction. The Asking Price has recently been reduced by $588,00 to only $59,000 per finished lot. This represents a great opportunity to acquire finished lots in a prime location within the growing Sherman market.
To gain access to the Due Diligence Vault click on the link below:
56 Finished Townhome Lots - Due Diligence Vault
A 1.5% Co-Broker Fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity. If seeking a Co-Broker Fee, the third-party broker must be identified upon initial conversation with listing broker.
Investment highlights
Strategic Location
The Site is located directly across US-75 from Texas Instruments, which will include a future $30 billion semiconductor plant that is expected to bring as many as 3,000 direct jobs to the area.
The Site is located approximately two miles south of the Bel-Air Village master planned community where builders Chesmar Homes, Highland Homes, and History Maker Homes are currently selling homes up to $549,900.
Zoning
All 56 lots are currently finished, allowing the purchaser to immediately start vertical construction.
The Site is currently zoned R-TH District: Townhome Residential District per the city’s zoning ordinance.
The offering consists of primarily 25’x100’ lots with front entry garages and a minimum living area of 1,500 square feet.
Purchaser to verify zoning and uses allowed on the Site.
Population and Demographics
According to the US Census Bureau, the City of Sherman has a population of approximately 50,229 as of July 2024, an increase of 24.6 percent in the last 10 years.
Sherman will be home to both the Texas Instruments and GlobiTech semiconductor chip facilities which total $35 billion in anticipated investments and will create up to approximately 4,500 new jobs in the area.
According to Texas Realtors, the median home price for new construction homes in Sherman is $313,490 as of June 2025.
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