TBD E Peyton Street #15.125 acres, Sherman, TX 75090

Sherman
Local realty services provided by:ERA Empower
TBD E Peyton Street #15.125 acres,Sherman, TX 75090
$2,999,000
Virtual Tour
  • 15.13 Acres
  • Lots / Land
  • Active
Listed by: brian abadie
Office: ready real estate llc.
MLS#:20999758
Source:GDAR

Price summary

  • Price:$2,999,000

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:351 day(s) ago
  • Updated:July 02, 2026 at 11:49 AM

Structure and exterior

  • Lot area:15.13 Acres
  • Lot Features:Acreage, City Lot, Cleared

Schools

  • High school:Sherman
  • Middle school:Sherman
  • Elementary school:Dillingham

Finances and disclosures

  • Price:$2,999,000
  • Tax amount:$6
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated July 2, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Empower.

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