Heritage Ranch: A Complete Guide to Highland Homes New Construction in Sherman, TX

Sherman, Texas continues to grow as one of the most attractive destinations for new construction in Grayson County, and Heritage Ranch sits at the center of that growth. This 440-acre master-planned community by Highland Homes offers buyers something increasingly hard to find in North Texas: a true master-planned lifestyle with room to breathe and pricing that still makes sense. Here is everything you need to know about Heritage Ranch and what makes it worth your attention.

Where is Heritage Ranch located?

Heritage Ranch is located at the intersection of FM 1417 and Highway 82, less than one mile west of U.S. Highway 75 in Sherman. This location gives residents direct access to the US-75 corridor while keeping the community set back from the highway noise. You are minutes from downtown Sherman, Lake Texoma is about 20 minutes north, and McKinney is roughly 30 minutes south. For buyers who commute south toward Collin County or north toward the Red River area, the position is nearly ideal.

The community is served by Sherman Independent School District. A brand new elementary school, Parker Elementary, opened within Heritage Ranch for the 2025-2026 school year. This is a significant advantage for families: your children can walk or bike to a school that is literally part of the same neighborhood. Older students attend Sherman Middle School and Sherman High School.

The builder: Highland Homes

Highland Homes is the primary builder at Heritage Ranch, offering two distinct lot-size sections to match different buyer preferences and budgets. Highland Homes is one of Texas's most respected production builders, known for consistent construction quality, well-designed floor plans, and strong warranty programs. Their presence at Heritage Ranch means buyers get the reliability of a national-caliber builder with the design sensibilities of a company that has been building in Texas for decades.

(K. Hovnanian Homes also builds in sections of Heritage Ranch, offering additional floor plan variety for buyers who want to compare multiple builders within the same master plan.)

Floor plans and pricing

Highland Homes at Heritage Ranch offers two lot-size sections, each with its own pricing range and floor plan collection:

40-Foot Lot Section: Homes start from the upper $200s into the low $300s. This section offers more accessible price points and slightly smaller floor plans, making it an excellent entry point into the Heritage Ranch lifestyle. Floor plans in this section carry artistic names like Mondrian and Vermeer.

50-Foot Lot Section: Homes start from the low $300s into the low $400s. These wider lots accommodate larger floor plans with more square footage and flexible living spaces. Plans in this section include names like Angelico, Matisse, Picasso, Kahlo, Dali, Bernini, and Rodin. These plans range from approximately 2,100 to 3,164 square feet with up to 5 bedrooms and 4 bathrooms.

Across both sections, floor plans span 1,468 to 3,164 square feet with configurations from 2 to 5 bedrooms and 2 to 4 bathrooms in both one-story and two-story designs. This range means Heritage Ranch can accommodate first-time buyers, growing families, and move-up buyers all within the same community.

Amenities and lifestyle

Heritage Ranch is designed as a true master-planned community, not just a subdivision of homes. The amenity package sets it apart from many other new construction communities in the Sherman area:

Resort-style swimming pool: A community pool serves as a central gathering point during summer months.

Pickleball courts: One of the fastest-growing recreational sports is built into the community amenity plan.

Walking trails and ponds: Multiple ponds and miles of walking paths connect the neighborhood, making it easy to get outside without leaving the community.

Parks and green space: Throughout the 440 acres, dedicated parks and greenbelts preserve the rural character that makes Sherman appealing.

Proposed entertainment district: A 112-acre commercial and entertainment district is planned, which will add retail, dining, and services within walking distance of homes. This is still in the planning stages, but the zoning and land are set aside.

What makes Heritage Ranch unique

Three things distinguish Heritage Ranch from other new construction communities in Grayson County.

First, the on-site elementary school is rare. Most new construction communities in this price range do not have a school actually inside the neighborhood. Parker Elementary at Heritage Ranch changes the daily routine for families: no car line, no bus stop miles away, just a short walk or bike ride.

Second, the 440-acre scale means this community will take years to fully build out. That matters for resale value. When a community builds out quickly, early buyers benefit from appreciation as later phases command higher prices. Heritage Ranch has the land and approvals to sustain years of development, which supports long-term value for early buyers.

Third, the mix of 40-foot and 50-foot lots means you are not forced into a one-size-fits-all approach. If you want a more affordable entry point, the 40-foot section delivers. If you need more square footage and a wider lot, the 50-foot section gives you room to spread out. Both sections share the same amenities and school access, so your choice comes down to your budget and space needs, not your access to community benefits.

Why representation matters at Heritage Ranch

Heritage Ranch is actively selling and building, which means the first visit matters. Highland Homes, like most production builders in Northeast Texas, registers buyers on their first visit. If you walk into the model home without a buyer's agent, you will be registered as a direct customer of the builder's sales team. At that point, adding your own representation later becomes difficult or impossible.

The solution is simple: bring your buyer's agent on the first visit. Or call ahead and make sure your agent can accompany you. We handle this for our clients so the process is set up correctly from the beginning. And on a new construction purchase, our representation costs you nothing. The builder pays the commission, and you get a dedicated advocate whose only job is protecting your interests.

How Heritage Ranch compares to other Sherman communities

Sherman has several new construction options. Canyon Creek Estates, also by Highland Homes, offers a different product with larger homes on oversized lots starting from the $560s. Canyon Creek is ideal for buyers who need maximum square footage and want a more established, built-out feel.

Heritage Ranch, by contrast, offers a wider range of pricing and floor plans. The master-planned amenity package, the on-site school, and the proposed entertainment district make it a more comprehensive community experience. If you are comparing Canyon Creek and Heritage Ranch, the decision often comes down to budget and lifestyle preferences: Canyon Creek for larger homes and immediate move-in inventory, Heritage Ranch for the full master-planned lifestyle and broader price range.

For buyers who want to stay in Grayson County or explore options in Fannin County, communities like Forestbrook Estates in Paris and Fannin Ranch Estates in Leonard offer additional choices worth considering. Each community has its own character, price point, and builder dynamic.

The bottom line on Heritage Ranch

Heritage Ranch is one of the most complete new construction offerings in Sherman today. The Highland Homes floor plans are well-designed, the pricing is competitive for Grayson County, and the amenity package with the on-site elementary school adds genuine long-term value. If you are shopping for new construction in Sherman or anywhere in Grayson County, Heritage Ranch belongs on your short list.

We know this community inside and out. If you want to tour available homes, compare floor plans, or simply understand how the process works from contract to closing, we can help. Give us a call, and we will walk you through it.