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Sherman, Texas

Grayson County · North Texas

Sherman

A semiconductor and advanced manufacturing hub anchoring North Texas's US-75 corridor, built around Texas Instruments' expanding fab campus and a purpose-built regional supplier and workforce pipeline.

~54,008
Population (2026 est.), up from 43,984 in 2020
$58,859
Median household income
8.25%
Combined sales tax rate
$2.1933
Combined property tax / $100 (2025)

Why Sherman?

Growth, investment, long-term opportunity

22.8%

Population growth since 2020

Semiconductor Hub

Texas Instruments and GlobalWafers anchor a deliberately built regional supplier and workforce pipeline.

Workforce Pipeline

Grayson College and Austin College feed a purpose-built talent pipeline for advanced manufacturing.

Regional Anchor

The original TI/GlobalWafers cluster driving overflow demand in Van Alstyne, Anna, and Denison.

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Coordinates confirmed individually. Distances shown are straight-line, not driving distance. This is a city-level context map, not a parcel-level jurisdiction map. Confirm city limits, ETJ, and county lines per parcel before relying on any figure in this profile.

Tax Structure

Competitive taxes, a simple stack

$2.19328 / $100

Combined property tax rate

City of Sherman$0.508
Sherman ISD$1.2342
Grayson County$0.3051
Grayson College$0.14598
Combined sales tax8.25%

Incentives & Programs

A pro-growth, business-friendly toolkit

SEDCO Cash Grants
Land Discount Program
Chapter 312 Abatement
Freeport Exemption
TIRZ Reimbursement
Texas Enterprise Fund
JETI
Skills Development Fund

Development Costs

Known fees, fewer surprises

Utility impact fees

3/4in (single family)$5,373.60
2in (commercial)$28,641.00
4in (commercial/industrial)$107,472.00
6in (industrial)$241,812.00

Roadway fees

Area 1 (per vehicle-mile)$228.00
Area 2 (per vehicle-mile)$750.00

Common questions about Sherman

What is the property tax rate in Sherman, TX?
The combined property tax rate is $2.19328 per $100 of value. That is made up of City of Sherman $0.508, Sherman ISD $1.2342, Grayson County $0.3051, and Grayson College $0.14598.
What is the sales tax rate in Sherman, TX?
The combined sales tax rate is 8.25%.
What incentives are available in Sherman, TX?
The tools listed for Sherman are SEDCO Cash Grants, Land Discount Program, Chapter 312 Abatement, Freeport Exemption, TIRZ Reimbursement, Texas Enterprise Fund, JETI, and Skills Development Fund.
What are the impact fees for development in Sherman, TX?
Utility impact fees are 3/4in (single family) $5,373.60, 2in (commercial) $28,641.00, 4in (commercial/industrial) $107,472.00, and 6in (industrial) $241,812.00. Roadway fees are Area 1 (per vehicle-mile) $228.00 and Area 2 (per vehicle-mile) $750.00.
Why look at Sherman, TX for land or commercial property?
22.8% Population growth since 2020. Semiconductor Hub: Texas Instruments and GlobalWafers anchor a deliberately built regional supplier and workforce pipeline. Workforce Pipeline: Grayson College and Austin College feed a purpose-built talent pipeline for advanced manufacturing. Regional Anchor: The original TI/GlobalWafers cluster driving overflow demand in Van Alstyne, Anna, and Denison.

Confirm city limits, ETJ, and the current fee schedule for any specific parcel before relying on a figure.

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