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.
Listed By
Agency Name: Ready Real Estate LLC
Agency Contact: 214-937-9761
Agent Name: Brian Abadie
Shown By
Agent Name: Russell Cox
Agent Phone: Cell: (254) 717-6447
Agency Title: Kelly, Realtors
Estimated Payment
$ 7,539.11 per month $6,665.57 Principal & Interest $0.00 Property Tax (data not provided by mls) $873.54 Homeowner's Insurance
Tbd E Peyton Street, Unit 15.125 acr | MLS# 20999758
This land located at Tbd E Peyton Street, Unit 15.125 acr, Sherman, TX 75090 is currently listed for sale with an asking price of $2,995,000. The property has approximately 15.13 Acres. Tbd E Peyton Street, Unit 15.125 acr is located within the Sherman ISD school district. Search Sherman real estate on www.254sale.com today.