$2,995,000

15.125 acres E Peyton Street, Sherman, TX 75090

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon15.13acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

This exceptional 15.125 acre Development Site within an OPPORTUNITY ZONE, in Sherman, TX is zoned MF-30 and fully approved by the City for a 300-unit multifamily community. A rare, shovel-ready opportunity, the property consists of four contiguous parcels with all utilities available. Ideal for high-density multifamily, build-to-rent (BTR), townhomes, or duplexes, or would make a great affordable housing site. The mostly flat topography is lined with mature trees for privacy, and a narrow floodplain separates the site, making it ideal for blending multiple product types or developing a unified large-scale complex. Survey, Topo, Phase I Environmental reports, and a conceptual engineering MF and Townhome Site Plan. Located only a half mile from US-75 and US-82, this premier site offers exceptional access, visibility, and long-term growth potential. Ag Exempt. Contact us today for more information!

Listing Status:
Active
Listing Office:
Ready Real Estate : 817-569-8200
Listing Agent:
Brian Abadie : 214-937-9761
MLS ID:
20999758
  • Road/Access: City Street
  • Originating MLS: NTR
  • School District: Sherman ISD
  • County: Grayson

This listing courtesy of Brian Abadie, Ready Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dillingham Elementary School

1701 Gallagher Dr, Sherman, TX, 75090

Grades KG-5

0.89 miles away

S

Sherman Middle School

2201 E Lamar St, Sherman, TX, 75090

Grades 6-8

1.67 miles away

S

Sherman High School

2201 E Lamar St, Sherman, TX, 75090

Grades 9-12

1.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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