LOT SIZE 15.125 acres
MLS#20999758
STATUSActive
PROPERTY TYPELand - Residential
SUBDIVISIONMCANAIR J B
SCHOOLSherman ISD
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.
Property Features
Property Type: Land - Residential
Lot Size: 15.13 Acres
Feature Descriptions
Days on Site: 233
Lot: Acreage, Cleared
Parcel#: 156667
Utilities: City Sewer, City Water
Local Schools
Elementary School: Dillingham
School District: Sherman ISD
Listed By / Shown By
Listed By
Agency Name: Ready Real Estate LLC
Agency Contact: 214-937-9761
Agent Name: Brian Abadie
Shown By
Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447
Estimate Your Payment
Estimated Payment
$ 7,539.11 per month $6,665.57 Principal & Interest $0.00 Property Tax (data not provided by mls) $873.54 Homeowner's Insurance
Tbd E Peyton Street, Unit 15.125 acr | MLS# 20999758
This land located at Tbd E Peyton Street, Unit 15.125 acr, Sherman, TX 75090 is currently listed for sale with an asking price of $2,995,000. The property has approximately 15.13 Acres. Tbd E Peyton Street, Unit 15.125 acr is located within the Sherman ISD school district. Search Sherman real estate on www.kellyrealtors.com today.