Master Planned Community Sherley Farms Will Bring 3,000 Homes to Collin County’s Anna
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From Staff Reports
When Anna, Texas was platted in 1883, it had a population of 20, two stores, a steam gristmill, a Baptist church, and a post office. A lot has happened since then as the Collin County railroad town is now home to more than 20,000 residents and has a burgeoning housing stock.
Local real estate developer Tellus Group announced this month that they’ll be building on the momentum in Anna, closing on the first phase of 970 acres for Sherley Farms, a master-planned community with 3,000 homes.
The $1.5 billion project is designed around holistic wellness, sustainability, and community connection, officials with Tellus Group said in a press release.
“We are future-proofing this community with a holistic view of wellness, social connectivity, and a deep respect for the land,” said Craig Martin, CEO and founding partner of Tellus Group. “Sherley Farms not only reflects our commitment to innovative and meaningful design but also aligns seamlessly with Anna’s vision for thoughtful growth and vibrant community living. We have a great partnership with the City of Anna and have been working with them over the last year to tie into its traditions and celebrate what makes people love living here.”
Sherley Farms
Sherley Farms will offer a variety of home styles by a list of quality curated builders who’ll be guided by strict architectural standards. Lifestyle-driven amenities include two unique amenity centers and intentional spaces for social interaction, Tellus officials said. Groundbreaking on the project is expected to begin this summer.
Plans call for expansive green spaces, including a central green corridor, integrating a 65-acre working organic farm as a cornerstone of the development. Through its agricultural focus, Sherley Farms aims to connect residents with nature while fostering a sense of community through health and wellness lifestyle programming. The design also prioritizes accessibility with extensive trail systems linking the development to downtown Anna and key city amenities, said Tasha Sherley Escoto, manager of Sherley Partners.
“The Sherley family has a long history as farmers and ranchers, so appreciating the freedom of access to open space and the wide-open beauty of the land is important to us,” she said. “We chose Tellus as the developer because they were excited by our vision for a community grounded in the land itself and focused on creating a healthier quality of life for all. They approached this with a strength of character and commitment, not just a transaction.”
Sherley Farms reflects Anna’s vision for growth that enhances the community’s quality of life, Anna City Manager Ryan Henderson said in a press release.
“With over 150 acres of open space, miles of trails, and a direct connection to Geer Park and downtown Anna, this development blends outdoor recreation, community gathering spaces, and convenient access to our city’s core,” he said. “It is a forward-thinking development designed for today and tomorrow.”
This isn’t Tellus Group’s first rodeo. The developer is behind the $3 billion Windsong Ranch in Prosper and is currently working on Mosaic, a 760-acre single-family residential community in Prosper, and Meraki, a 1,100-acre residential community in Forney. Further south, they’re own one of Candy Evans’ favorites, Boot Ranch in Fredericksburg.
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The Tellus Group loves to brag about how much they will make on their projects, of which, all but one are just renderings. What they also brag about is what a great deal they made on the property they “bought.” The truth is that they took advantage of the inexperience and immaturity of the heir to that land and are supposedly paying a fraction of what it is worth. The acting “manager” was convinced by them that the land would be worth no more, in 7-10 years, than the low price they offered in 2024. Their only development they actually have built consists of a big pool and cookie cutter houses, far from ground breaking.
Sounds like personal diatribe. The land owner should have had their own team of real estate personnel ready to go. These companies are obviously around to make money and buy your land as cheap as they can get it. The total market value of that land was about 28.6 billion dollars. If they didn’t get around that then they screwed themselves. What something may cost 4 to 20 years from now doesn’t matter.