Heritage Ranch
About
Heritage Ranch in Sherman, Texas is a major 440-acre mixed-use, master-planned community that presents an exceptional investment opportunity for developers, builders, and real estate investors. This transformative project is being developed by Covenant Development, a Texas-based firm known for creating high-quality, strategically located communities that align with long-term regional growth. Heritage Ranch is designed to meet the rising demand for housing, retail, office, and recreational space in one of North Texas’s most active and rapidly expanding markets.
Positioned just three minutes west of U.S. Highway 75 and Highway 82, Heritage Ranch enjoys prime visibility and accessibility from key transportation routes. Its location at the intersection of two major highways ensures easy connectivity to Sherman, Denison, Dallas, and the broader Texoma region. This central positioning enhances appeal for both residents and commercial tenants, making it a compelling destination for real estate investment.
Heritage Ranch will feature more than 750 single-family homes, thoughtfully designed to attract a diverse range of homebuyers including families, young professionals, and retirees. These homes will be part of well-planned residential neighborhoods that incorporate natural features, parks, walking trails, and ponds. The emphasis on outdoor living and a connection to nature contributes to a peaceful, community-focused environment that enhances both livability and long-term value.
The commercial portion of Heritage Ranch includes approximately 254 acres dedicated to retail, office, dining, and entertainment spaces. These areas are planned to serve both local residents and the broader region, providing daily services as well as destination experiences. With its walkable layout, modern infrastructure, and strong residential base, the commercial district is designed to foster a live-work-play atmosphere that drives foot traffic and repeat visits.
Recreational and green space is a foundational component of Heritage Ranch. The integration of walking trails, open spaces, and community gathering areas supports a healthy lifestyle and provides opportunities for social connection and leisure. These features not only enhance quality of life for residents but also contribute to higher property values and long-term appeal for investors.
Heritage Ranch benefits from its alignment with the City of Sherman’s strategic growth initiatives. As Sherman experiences a surge in population and economic activity, this community is positioned to become a central piece of that expansion. Covenant Development’s close coordination with the city ensures that infrastructure, zoning, and utilities are developed in support of long-term success and community resilience.
For residential real estate investors, Heritage Ranch offers opportunities to purchase lots, build homes for sale or rent, and meet the high demand for new housing in Sherman’s growing market. Commercial investors will find strong potential in retail, office, and service-oriented developments that benefit from built-in residential traffic and regional draw. Developers focused on mixed-use projects will appreciate the opportunity to create integrated spaces that combine housing, retail, and community amenities into cohesive, high-performing assets.
Heritage Ranch is uniquely positioned to deliver meaningful returns across a range of asset types. With a strong foundation of community design, infrastructure readiness, and a developer committed to long-term value, this development offers the flexibility and scale needed to support a wide variety of investment strategies.
To learn more about residential, commercial, or mixed-use development opportunities within Heritage Ranch, or to schedule a property tour, contact Covenant Development today and become part of one of North Texas’s most promising communities for growth and investment.