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E Peyton St Sherman, TX 75090

For Sale
$2,995,000

Unimproved Land - Sherman, TX

Type:Unimproved Land
Lot size:
15.13 Acres
Days on Market:
135
Last Refresh:
Dec 12 at 2:06 am

Property Features for E Peyton St

General Information

Property type
Land
Property subtype
Unimproved Land
Standard status
Active
APN
156667
Lot size
15.13 Acres

Building Details

Architectural style
Other

Ready Real Estate, LLC (866) 557-3239 [email protected]

Listing agent Brian Abadie (817) 569-8200 License #0750197

Listing date Jul 31, 2025

MLS# 20999758 Listing URL

Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Sherman TX Development Opportunity Zone

This 15.125-acre development site in Sherman, TX, is located within an Opportunity Zone. Zoned MF-30, it is fully approved by the City for a 300-unit multifamily community. This shovel-ready property consists of four contiguous parcels with all utilities available. The site is suitable for high-density multifamily, build-to-rent (BTR), townhomes, or duplexes, and could also serve as an affordable housing site. The topography is mostly flat and features mature trees for privacy. A narrow floodplain separates the site, making it suitable for blending multiple product types or developing a unified large-scale complex. Available reports include a survey, Topo, Phase I Environmental reports, and a conceptual engineering MF and Townhome Site Plan. Located a half mile from US-75 and US-82, the site offers access, visibility, and long-term growth potential. The property is Ag Exempt.
Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Map

City
Sherman
County
Grayson
State
Texas
Longitude
-96.60156513
Latitude
33.66217921

FAQs

What type of property is this?
Residential land & home lot - 15.125 acre development site approved for 300-unit multifamily community.
Where is this residential land & home lot located?
The property is located at E Peyton St Sherman, TX.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: - Shovel-ready 15.125 acre development site fully approved for a 300-unit multifamily community.; - Located within an Opportunity Zone in Sherman, TX.; - Zoned MF-30 and ideal for high-density multifamily, build-to-rent, townhomes, or duplexes.
More about this property
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