By Rene Burchell
If you’ve been watching Sherman from the Frisco and McKinney side of US 75, you know something big is happening just north of the metroplex. I work with buyers and sellers across North Texas, and more of them are asking me whether Sherman’s chip boom is a opportunity or a risk. Let me give you the straight picture, so you can decide what fits your goals.
Key Takeaways
- Texas Instruments began production at its first Sherman fab in December 2025.
- Homebuilding has moved faster than hiring, which has softened prices.
- Buyers currently hold more negotiating room than in recent years.
- Long-term outlook depends on how quickly the fabs add workers.
The Semiconductor Story Behind the Headlines
Texas Instruments held a ribbon-cutting at its Sherman 300mm wafer fab on December 17, 2025, after about three and a half years of construction. The site is planned to grow to as many as four connected fabs, with a potential investment of up to $40 billion and roughly 3,000 TI jobs once the campus is fully built.
GlobalWafers has also built in Sherman, and a July 2026 contract with Micron worth $500 million over 10 years is expected to speed its expansion. Local leaders describe the area as drawing more investment than nearly anywhere in the country.
Why These Projects Matter
- Chip plants anchor high-wage, long-term employment
- Supply chain companies often follow major manufacturers
- Thousands of indirect jobs can support retail, trades, and services
- Public and private investment signal confidence in the region
Why Prices Have Softened
Here’s what surprises many buyers. Despite the excitement, Sherman’s median sale price recently sat near $280,000, down about 6.7 percent from a year earlier, with homes taking around 78 days to sell. Builders responded to the announcements quickly, and more than 6,000 homes are under construction or in the pipeline.
In other words, the housing arrived before the full workforce did. GlobalWafers reportedly employs around 250 people today, with hiring expected to climb as production ramps.
Why Timing Matters
- Large new-construction pipelines add supply
- Workforce growth often lags behind plant openings
- Sellers face more competition from builder inventory
- Buyers can use that supply to negotiate
Where New Construction Is Rising
Several master plans are shaping Sherman’s edges. Heritage Ranch spans about 440 acres and plans roughly 750 homes, with builders like Highland Homes and K. Hovnanian. Cottonwood, south of town, is planned for more than 2,100 homes and remains in early lot preparation.
Other projects, including Joiner Ranch and Sherman Lakes, received city council approval in July 2026. Because plans and timelines shift, verify the status of any community before you commit.
Why Builder Options Deserve Comparison
- Different builders offer different floor plans and finishes
- Incentives like rate buydowns or closing help can change your numbers
- Lot sizes and amenities vary by community
- Completion timelines affect when you can move in
Character Beyond the Cul-de-Sacs
Not every Sherman buyer wants new construction. The Heritage Row Historical District along South Crockett Street has been protected since 1978, and exterior changes require a Certificate of Appropriateness. For buyers who love architectural character, that setting offers something production neighborhoods can’t match.
Those seeking space often look at acreage near town, and Lake Texoma lies a short drive away for weekend boating and fishing. Luxury inventory in Sherman is limited compared with Frisco, so patience and a good search strategy help.
Why Lifestyle Options Shape Choices
- Historic homes with distinctive architecture
- Acreage for privacy, barns, or workshops
- Newer neighborhoods with shared amenities
- Weekend access to Lake Texoma
What This Means for Buyers and Sellers
Buyers right now can often negotiate on price, closing costs, or repairs. Make sure you compare recent sold prices, not just list prices, and ask about any incentives builders are offering.
Sellers should price with care. Homes that are staged well, priced to the current market, and marketed clearly stand out against new builds. Also remember that combined property tax rates in Sherman run roughly $2.19 per $100 of assessed value, so build that figure into your budget and verify it for your specific address.
Why Strategy Beats Guesswork
- Order a pre-listing review to price against real comparables
- Ask builders what incentives are currently available
- Budget for taxes and any HOA dues
- Revisit your plans if chip hiring accelerates or slows
Frequently Asked Questions
Will the semiconductor plants raise Sherman home prices?
They may support values over time as hiring grows, but prices have recently softened because new construction arrived quickly. I’d focus on current data and your own timeline.
Is Sherman a good place to buy right now?
It can be, especially for buyers who want negotiating room and new-construction choices. I’ll help you compare neighborhoods and builder offers before you decide.
How does Sherman compare to Frisco or McKinney?
Sherman generally offers lower prices and more land, with fewer luxury options. I can show you side-by-side comparisons so you can weigh price, lifestyle, and commute.
Reach Out to Me Today
If you’re thinking about buying or selling in Sherman, reach out to Rene Burchell at Coldwell Banker Apex, Realtors. I’ll review the current market with you, explain what the chip boom means for your goals, and help you plan your next step.
Reach out to me today, and let’s talk about what makes sense for you. I’ll make sure you have the facts and the guidance to move forward with confidence.
