Sherman, TX is in the middle of one of the biggest homebuilding booms in the Lake Texoma region, with more than a dozen active new-construction neighborhoods underway from builders including D.R. Horton, Lennar, Century Communities, Highland Homes, LGI Homes, Meritage Homes, DRB Homes, and Chesmar. The surge traces back largely to one project: Texas Instruments' semiconductor campus on the north side of town, paired with a population that grew roughly 20% between 2020 and 2025. Below is a roundup of the subdivisions worth touring right now, plus what to check before you sign a contract.
Why Sherman Is Suddenly Building So Fast
Sherman, TX sits at the crossroads of U.S. Highway 75 and U.S. Highway 82, close enough to Dallas-Fort Worth for a manageable commute but still priced like a small North Texas town. Texas Instruments has committed up to $40 billion toward what could become four fabrication facilities at its Sherman mega-site, with the first fab entering production in December 2025 and up to 3,000 direct jobs planned at full build-out. GlobalWafers, which supplies silicon wafers to chipmakers, began production at its own $4-5 billion Sherman facility in May 2026, adding roughly 750 more manufacturing jobs. We covered the scale of this shift in more detail in Sherman, Texas: The Silicon Valley of North Texas — the short version for homebuyers is that thousands of new households need somewhere to live, and builders have responded with dozens of new subdivisions across Grayson County, TX.
New Construction Neighborhoods Worth Touring in Sherman
Well over 60 builders are active in the greater Sherman-Denison area right now, so this isn't a complete list — it's a starting point for a weekend of neighborhood tours.
Bel Air Village — Three Builders, One Master Plan
Bel Air Village stands out because three builders — DRB Homes, Chesmar, and D.R. Horton — are each developing sections of the same master-planned community in Sherman. That usually means a wider mix of floor plans and price points than a single-builder subdivision, so it's worth comparing model homes across all three before picking a lot.
Hickory Hill by Century Communities
Located off Branding Iron Road, Hickory Hill offers four floor plans with pricing starting in the low $300s, leaning into energy-conscious features and modern layouts for buyers who want new construction without DFW-level price tags.
Westmoor by Meritage Homes and Canyon Creek Estates by Highland Homes
Meritage Homes' Westmoor and Highland Homes' Canyon Creek Estates round out two more national builders active in Sherman. Highland Homes is also the builder behind Heritage Ranch, a roughly 750-home community generally priced from the high $200,000s to mid-$300,000s that we've profiled separately — Canyon Creek Estates gives buyers a second Highland Homes option elsewhere in town.
Lennar's Trio: Luella Crossing, Hidden Meadows, and Travis Heights
Lennar has three communities going simultaneously in Sherman: Luella Crossing, Hidden Meadows, and the Watermill Collection at Travis Heights. Lennar tends to offer included-feature packages rather than an a-la-carte options list, which can simplify budgeting for first-time buyers.
Sherman Heights by LGI Homes
LGI Homes has built a national reputation on turnkey, move-in-ready homes aimed at renters transitioning into ownership, and Sherman Heights follows that same playbook — worth knowing if a fast closing timeline matters more to you than customization.
D.R. Horton's Footprint: The Hills of Sherman, Sweetwater Springs, and Hanolley Hills
D.R. Horton, the largest homebuilder in the U.S. by volume, has three separate communities in Sherman — The Hills of Sherman, Sweetwater Springs, and Hanolley Hills — plus its section within Bel Air Village. That scale often means more aggressive rate-buydown incentives, so ask each sales office what's running before comparing price per square foot.
Frontera — A Lower-Cost Alternative Worth Knowing About
Not every new-construction option here is a traditional subdivision. Frontera, developed by Inspire Communities and built by Champion Homes, is a 113-acre manufactured-home community planned for 400-plus homes, with prices expected to start in the high $80,000s — well under half the area's median. Land-lease terms and financing differ from a stick-built home, but it signals real demand for workforce-priced housing near the Texas Instruments campus.
What to Check Before You Buy New Construction in Sherman
New doesn't automatically mean simple. Before you put down earnest money, walk through this checklist:
Builder reputation and warranty terms. Ask for references from buyers who closed six-plus months ago, and read the structural warranty carefully — terms vary more than most buyers expect.
HOA dues and what they cover. Master-planned, multi-builder communities like Bel Air Village often carry higher dues than single-builder subdivisions.
Lot grading and drainage. Rapid buildout across former farmland makes drainage worth checking — ask to see the community's engineered drainage plan.
School zoning. Sherman ISD covers most of the city, but boundary lines shift as new schools open — confirm zoning for the specific lot, not just the neighborhood's reputation.
Commute pattern to the TI campus and U.S. 75. A subdivision that looks close on a map can add real time during shift-change traffic — drive it yourself at the hour you'd actually commute.
Incentives versus price. Builders are competing hard right now, so rate buydowns and closing-cost credits can matter more than the base price on the sign.
Sherman's Growth Doesn't Stop at the City Limits
The same forces reshaping Sherman are rippling across Grayson County, TX, including neighboring Denison, TX, where new rooftops and a lake-adjacent lifestyle draw a different kind of buyer than subdivisions closer to the TI campus. If you're weighing Sherman's new construction against a move from a pricier DFW suburb, our guide on moving from McKinney or Frisco to Lake Texoma breaks down how far your budget can stretch here.
Ready to Tour Sherman's New Construction Yourself?
With this many builders and communities moving at once, floor plans, pricing, and incentives change month to month — sometimes lot to lot within the same subdivision. Brian & Jonelle Allen tour these communities regularly and can walk you through which ones fit your budget, commute, and timeline before you sit down with a builder's sales rep.
