The jobs are real, but the price impact hasn’t fully landed yet
Construction on housing is already responding to the fab’s arrival. Sherman has more than 6,000 homes either under construction or about to break ground, and the city has updated its zoning and planned development maps specifically to manage this growth. That’s the supply side moving to meet demand before demand fully shows up in home prices.
The 3,000 direct jobs at TI’s Sherman site, plus the GlobalWafers plant, plus whatever supplier and support jobs follow, take time to translate into local housing pressure. New hires relocate on their own timeline. Families wait for the school year to turn over. Housing demand from a fab this size tends to build in waves over several years, not all at once the week production starts.
That gap, between the jobs landing and the housing market fully pricing them in, is exactly the kind of window that matters if you’re thinking about buying now versus waiting.
What this means for Bois d’Arc Lake specifically
Bois d’Arc Lake sits close enough to Sherman to benefit from this growth without being inside the immediate commercial corridor. It’s already one of the most sought-after recreational and investment markets in the state, being Texas’s first major new reservoir in more than 30 years, with shoreline classified into dock-capable, limited-development, environmentally-sensitive, and restricted zones by Fannin County.
Layer a semiconductor-driven population and jobs boom on top of that lake demand, and you get two separate forces pointing the same direction: recreational and second-home buyers drawn to a new lake, and a growing local workforce that needs somewhere to live within a reasonable drive of Sherman. Preston Harbor, the roughly $6 billion, up to 7,500-home master-planned community proposed near Denison on Lake Texoma with a Margaritaville-branded resort anchor, is a direct bet on exactly this combination.
None of that guarantees any specific property appreciates on any specific timeline. But it does mean the fundamentals behind this corridor are backed by more than just lake scenery right now.
What to actually do with this information
If you’re seriously looking at lake or investment property in this corridor, a few honest next steps matter more than watching headlines:
Verify the shoreline classification on any specific lot before you get attached to it. Dock-capable, limited-development, environmentally-sensitive, and restricted zones each carry very different rights and restrictions, and this is not something to assume from a listing photo.
Watch the Sherman housing data over the next few quarters rather than reacting to any single month. A buyer’s market with flat prices right now, ahead of a multi-year jobs ramp, is a very different signal than a market that’s already spiked.
Talk through your specific goal, primary lake home, second home, or pure investment, before you shop, since the right property and the right timing depend heavily on which of those you’re actually solving for.
Frequently Asked Questions
Has the TI fab actually started producing chips, or is it still under construction?
Production began in December 2025 at the SM1 fab. A second fab, SM2, has its exterior shell complete with cleanroom work starting later in 2026, and TI has planned up to four fabs total at the Sherman site.
Why haven’t Sherman home prices spiked yet if this many jobs are coming?
Housing demand from a large employer typically arrives in waves over several years as hiring ramps, not all at once. Sherman’s homebuilders and the city are already expanding supply ahead of that demand, which is part of why current prices are flat to slightly down rather than spiking.
Is Bois d’Arc Lake affected by the Sherman fab directly?
Not directly, since the lake itself is a separate recreational and investment market, but it sits close enough to benefit from the broader Sherman-Denison growth story, including new jobs, new housing, and projects like Preston Harbor on Lake Texoma.
What is a shoreline classification, and why does it matter?
Fannin County classifies Bois d’Arc Lake shoreline into dock-capable, limited-development, environmentally-sensitive, and restricted zones. This determines what you can actually do with a specific lot, so it should always be verified before you buy, not assumed.
Should I wait to buy until the housing crunch is more obvious?
That depends on your goal and risk tolerance. Waiting for obvious proof of a crunch usually means paying after prices have already moved. This is exactly the kind of timing question worth running through with someone who’s tracking both the lake market and the Sherman fundamentals closely.
The bottom line
The jobs and the construction are real and already underway. The price spike, if it comes, hasn’t fully shown up yet. If you’re circling Bois d’Arc Lake or the Sherman-Denison corridor, that gap is worth understanding before you decide whether now or later makes more sense for you.
About Stacy Cate
Stacy Cate is a Realtor with Compass RE Texas, LLC, serving North DFW’s luxury and lifestyle homes across Prosper, Celina, McKinney, Frisco, and the lake markets of Bois d’Arc Lake and Lake Texoma. With 30+ years of local roots, deep community ties, and CNE, CLHMS, SRES, and NHSAC designations, Stacy guides clients, especially those navigating legacy transitions and life-stage moves, with clarity, privacy, and heart.
Related reading on the blog:
