TBD E Peyton Street #15.125 acres, Sherman, TX 75090
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by: brian abadie
Office: ready real estate llc.
MLS#:20999758
Source:GDAR
Price summary
- Price:$2,999,000
About this home
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.
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Home facts
- Subdivision & Development:MCANAIR J B
- Listing ID #:20999758
- Added:440 day(s) ago
- Updated:September 29, 2026 at 12:24 PM
Structure and exterior
- Lot area:15.13 Acres
- Lot Features:Acreage, City Lot, Cleared
Schools
- High school:Sherman
- Middle school:Sherman
- Elementary school:Dillingham
Finances and disclosures
- Price:$2,999,000
- Tax amount:$6
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