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Located at 15.125 Acres E Peyton Street, Sherman, Texas 75090, this Land is for Sale with a price of $2,995,000 USD. This listing encompasses a lot of 15.13 Acres. See all Homes for Sale in Sherman.
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10. 15.125 Acres E Peyton Street
1. 15.125 Acres E Peyton Street
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TexasSherman15.125 Acres E Peyton Street

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Description

15.125 Acres E Peyton Street,

Sherman, TX 75090

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!

This is an Active listing.

Broker Office Phone Number: 817-569-8200

Copyright © 2025North 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.
Listing By: Ready Real Estate via Data Source: North Texas Real Estate Information Systems, Inc. 
$2,995,000
price
Land
Property type
Sherman Independent
School District
Sherman Independent
School District
sherman-isd-sherman-tx
Schools
Dillingham
Elementary
15932595
Web Id
20999758
MLS ID
6
Days Posted

Price History

datepricevariancetype
7/16/2025$2,995,000-Listed
listing agent: Brian Abadie
more info
15.13 Acres
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    new listing

    15.125 Acres E Peyton Street
    Sherman, TX 75090

    $2,995,000