Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Features

    Cleared, Wooded

  • Lot Size(acres)

    15.125

  • Lot Size(square feet)

    658845.0

  • Property Type

    Land

  • Property Sub Type

    Unimproved Land

Price

  • Sales Price

    $2,999,000

  • Tax Amount

    $6

  • Zoning

    MF-30 Multifamily

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Dillingham

  • Middle School

    Sherman

  • High School

    Sherman

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Grayson

Elementary School

Dillingham

Middle School

Sherman

High School

Sherman

Listing Courtesy of Brian Abadie , Ready Real Estate LLC

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Agent Joe Boston

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Joe Boston

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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.

TBD E Peyton Street 15.125 acres

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