15.125 acres E Peyton Street, Sherman, TX 75090
Local realty services provided by:Better Homes and Gardens Real Estate Rhodes Realty
Listed by:brian abadie214-937-9761
Office:ready real estate
MLS#:20999758
Source:GDAR
Price summary
- Price:$2,995,000
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
- Listing ID #:20999758
- Added:78 day(s) ago
- Updated:October 02, 2025 at 11:37 AM
Structure and exterior
- Lot area:15.13 Acres
Schools
- High school:Sherman
- Middle school:Sherman
- Elementary school:Dillingham
Finances and disclosures
- Price:$2,995,000
- Tax amount:$6
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated October 2, 2025 Listings with the NTREIS logo are listed by brokerages other than Better Homes and Gardens Real Estate Rhodes Realty.New listings near 15.125 acres E Peyton Street
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