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Listed price in listed location currency (USD).
$2,995,000

000

MLS® 20999758

  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage No
Taxes $6
Days Active 157
Lot Size 15.125 acres
Approx. Age 
MLS® Number 20999758

Property Address: 15125-acres-TBD E Peyton Street, Sherman, TX, 75090

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number20999758
Laundry Level
Central VacNo
FireplaceNo
Acreage15.125
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 15, 2025List Date
$2,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
TBD E Peyton Street, Sherman, TX

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