US-75 & Ponderosa Rd - Ponderosa Point

Ponderosa Point – Your Premier Commercial & Residential Development Opportunity in Howe, Texas!!
Strategically located along US-75 and just 4.2 miles from Texas Instruments’ $30 billion expansion in Sherman, Ponderosa Point offers a unique opportunity to invest in a rapidly growing high-tech region. Known as the "High-Tech Hub of North Texas," Sherman and the surrounding area are experiencing unprecedented growth, driven by massive investments in the semiconductor industry, making this the perfect time to secure prime real estate for development.
Prime Location & High Growth Potential
Ponderosa Point is positioned to capitalize on the explosive growth in Howe and Sherman, Texas, as global semiconductor leaders, such as Texas Instruments and Globitech, establish major manufacturing facilities just minutes away. TI’s Sherman campus is set to become Texas's largest electronics production facility, bringing over 4,000 new jobs to the area. Additionally, Finisar, a leading Apple iPhone component producer, is expanding its operations with a $3 billion investment, creating another 700 high-paying jobs in the area.
With this influx of talent and industry, the demand for housing, retail, and commercial services is expected to skyrocket, creating a once-in-a-lifetime opportunity for developers and investors to secure a position in one of Texas’s fastest-growing regions.
Key Property Features:
• Location: Situated directly along US-75 with excellent frontage and high visibility. Over 50,000+ vehicles pass daily, providing
exceptional access and exposure.
• Fully Entitled Parcels: All parcels are entitled with Planned Development (PD) zoning, making them ready for immediate
development.
• Versatile Zoning: Offering a mix of commercial, retail, townhomes, single-family, and multifamily options, with parcel sizes ranging
from 5.68 to 31.33 acres and pricing starting at $3.25 to $22.00 per square foot. We can also subdivide commercial parcels to suit
your development needs.
• Infrastructure Ready: A concrete collector road with utilities will be paved ensuring ease of development for future projects.
Development & Investment Opportunities
With Sherman’s semiconductor boom fueling the regional economy, Ponderosa Point is ideally positioned for a variety of developments:
• Commercial/Retail: Capitalize on high-traffic frontage along US-75, catering to the growing population of tech professionals and
their families.
• Residential Development: Take advantage of the area's projected population growth with single-family homes, townhomes, and
build-to-rent options to meet rising housing demand.
• Multifamily: Fully entitled multifamily parcels with utilities in place offer an immediate opportunity to create housing for the
thousands of incoming workers.
Why Invest in Ponderosa Point?
• Proximity to Major Employers: Within 5 miles of Texas Instruments, Globitech, and Finisar, ensuring a built-in customer base for retail
and residential projects.
• Exceptional Growth: Sherman and Howe are becoming key players in the U.S. semiconductor manufacturing landscape, attracting
significant investment, new jobs, and economic activity.
• High Traffic & Accessibility: Located directly on US-75, with over 50,000 vehicles passing daily, making it one of the region’s most
visible and accessible properties.
This is an unparalleled opportunity to be part of a transformative period for North Texas, as Sherman becomes one of the country’s largest semiconductor hubs. Don’t miss your chance to invest in the future of Howe and Sherman.
Contact us today to learn more about available parcels at Ponderosa Point and how we can support your development goals.