Centurion Buys Ranch in Gunter with an Eye on Access to Sherman Chip Plants

Once again, the smallest of tech products are creating big plans in housing from Centurion American Development Group.

The Farmers Branch-based developer has taken advantage of plans to build semiconductor plants near Sherman by recently buying a 500-acre property in the Grayson County city of Gunter.

Centurion plans to build a master-planned housing community on the property west of Preston Road known as Taylor Ranch. The property is near the Dallas North Tollway’s future extension route. Centurion already has one residential development in Gunter — The Bridges at Preston Crossing, which is east of Taylor Ranch.

Centurion also broke ground this year on one of its largest developments north of Dallas, the 3,200-acre Legacy Hills community in Celina. The Legacy Hills project is planned to include 7,000 single-family homes and 4,100 multifamily units.

Gunter, which had a population of 2,060 in the 2020 Census, has seen an increase in residential land sales as builders and developers construct thousands of houses.

Gunter is roughly 17 miles from Sherman’s semiconductor plants.

“The area is seeing a surge in growth due to both its proximity to North Dallas as well as its easy access to the new planned GlobiTech and (Texas Instruments) chip plants in Sherman.”