15.125 acres E Peyton Street new Save Request In-Person Tour Request Virtual Tour
Sherman,TX 75090
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Mcanair J B
MLS Listing ID 20999758
Annual Tax Amount $6
Lot Size 15.125 Acres
Property Sub-Type Unimproved Land
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!
Location
State TX
County Grayson
Zoning MF-30 Multifamily
Exterior
Utilities Available City Sewer,City Water
Building
Lot Description Acreage,Cleared
Schools
Elementary Schools Dillingham
Middle Schools Sherman
High Schools Sherman
School District Sherman Isd
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Aerial Photo,Environ. Study Complete,Phase I Complete,Survey Available
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20999758