One Sherman Community Is Betting North Texans Still Want Homes Under $100K
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As developers race to house workers in North Texas’ newest semiconductor hub of Sherman, one new community is filling a price point for homes that’s all but disappeared: newly built homes priced below six figures.
Inspire Communities has introduced Frontera, a 113-acre manufactured home community with more than 400 homes planned at buildout. Prices are expected to start in the high $80,000s, with floor plans ranging from an approximately 832-square-foot, two-bedroom home to three-bedroom models of about 1,520 square feet. Sales will open July 7.
Although manufactured housing remains a small share of North Texas’ housing inventory, today’s manufactured homes differ significantly from the mobile homes many consumers may remember. Unlike site-built homes, however, buyers at Frontera purchase the home while leasing the underlying homesite. Built to federal HUD standards, they often feature open floor plans, energy-efficient appliances, and finishes similar to those found in site-built homes.
Frontera arrives as Sherman has become one of North Texas’ most closely watched growth markets. Texas Instruments’ first semiconductor fabrication plant entered production in December 2025, the first of up to four planned fabs on a campus that the company originally said could represent a $30 billion investment. In May 2026, GlobalWafers began production at its $4 billion silicon wafer plant in Sherman, the Dallas Morning News reported.
The expansion is already rippling beyond the two major manufacturers. Suppliers are beginning to cluster around the semiconductor corridor, including Advanced Process Solutions, which recently announced a $40 million manufacturing facility in nearby Van Alstyne expected to create 175 jobs. Together with related businesses, the projects are expected to create thousands of jobs over the coming years, fueling demand for housing across a wide range of price points.
By the Numbers
- Texas Instruments: Up to 3,000 direct jobs planned at build-out
- GlobalWafers: $4-5 billion investment with up to 1,500 jobs planned
- Frontera: 400+ manufactured homes
- Heritage Ranch: 750 single-family homes
- Cottonwood: 2,156 homes
The new community also highlights a widening divide in North Texas’ housing market. The city’s own housing analysis suggests demand continues to keep pace with new supply. According to the city’s June 2026 Multifamily Occupancy Study, approximately 5,100 of its 6,500 multifamily units were occupied, even after more than 2,200 apartments came online during the past two years. City officials said the market remains aligned with projections from its 2024 housing study, underscoring continued demand for a range of housing options.
While many new developments target move-up buyers, manufactured housing communities are re-emerging as one option for first-time buyers, retirees, and workforce households seeking a more attainable path to homeownership.
A Lower-Cost Path to Homeownership
By comparison, the median home sold in Sherman this spring fetched about $285,000, according to Redfin, putting Frontera’s starting price at less than one-third of that figure.
At Frontera, buyers purchase the manufactured home itself while leasing the homesite from Inspire Communities, a common model in manufactured home communities. Monthly site lease rates have not yet been disclosed. The company said financing options will be available for qualified buyers, and prospective residents also will have the option to lease both the home and homesite.
The community will feature homes built by Champion Homes, with pricing generally ranging from about $90,000 to $140,000 depending on floor plan and size. Homes range from an 832-square-foot, two-bedroom model to a 1,520-square-foot, three-bedroom design.
Beyond the homes themselves, Inspire Communities is positioning Frontera as a full-service, all-age neighborhood with amenities including a clubhouse, swimming pool, fitness center, basketball court, playground, communal kitchen, computer lab, pavilion, outdoor grilling areas, and pocket parks. The community is located near schools, parks, shopping, and other everyday services on Sherman’s east side.
Building for a Boom
Frontera joins a growing pipeline of residential projects reshaping Sherman as the city prepares for thousands of new jobs tied to semiconductor manufacturing.
Covenant Development and Rockhill Capital & Investments are developing the 440-acre Heritage Ranch master plan, where approximately 750 homes are planned alongside retail, office, hospitality, and entertainment uses. The project also includes a new Sherman ISD elementary school. Homes by Highland Homes currently start from the $290,000s, while K. Hovnanian’s homes begin around $345,000.
Located just south of Sherman, Centurion American is preparing Cottonwood, a 678-acre master-planned community in Dorchester that will eventually include more than 2,100 homes built by D.R. Horton, Beazer Homes, PulteGroup, and M/I Homes. The development is specifically positioned to serve workers arriving as the semiconductor industry expands in Grayson County.
Together, Heritage Ranch, Cottonwood and Frontera illustrate how developers are responding to one of North Texas’ fastest-growing employment centers with housing at multiple price points. While traditional master-planned communities dominate the region’s residential pipeline, Frontera is betting there is still demand for an option that has become increasingly rare: a newly built home priced below six figures.
