15 E Peyton Street
Sherman, TX 75090
15.13 acres | #20999758
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. Contact us today for more information!
Property Details
- Utility FeaturesSewer Available, Water Available
- Lot FeaturesAcreage, Cleared, City Lot
- Lot DescriptionAcreage, Cleared, City Lot
- Property Subtype AdditionalUnimproved Land
- Property SubtypeUnimprovedLand
- Sewer InformationPublic Sewer
- SubdivisionMCANAIR J B
- School DistrictSherman ISD
- Elementary SchoolDillingham
- Property TypePurchase
- MLS #20999758
- MLS #20999758
- Middle SchoolSherman
- High SchoolSherman
- CountyGrayson
- Cost2995000
- Acres15.125
- Utility SourcePublic
- Parcel Number156667
- Taxes Annual$6
- Days on Market (Cumulative)1
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Brian Abadie (#0750197), Phone: (214) 937-9761
Listing Office: Ready Real Estate (#REDR01)
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