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$2,999,000

Est. payment - /mo

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15.13 Acres Lot

Active

TBD E Peyton Street #15.125 acres Sherman, TX 75090

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

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

HOA Y/N None

Annual Tax Amount $6

Lot Size 15.125 Acres

Acres 15.125

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.

Location

State TX

County Grayson

Zoning MF-30 Multifamily

Direction Use GPS, Request Pin Drop from Listing Agent

Exterior

Utilities Available City Sewer, City Water

Street Surface Concrete

Lot Frontage 1180.0

Garage No

Building

Lot Description Acreage, Cleared

Schools

Elementary Schools Dillingham

Middle Schools Sherman

High Schools Sherman

School District Sherman Isd

Others

Restrictions Development,Easement(s)

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Brian Abadie • Ready Real Estate LLC

TBD E Peyton Street #15.125 acres Sherman, TX 75090

James Biedenharn

Key Details

Location

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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TBD E Peyton Street #15.125 acres