00 W Travis St Sherman, TX 75092
Estimated payment $31,547/month
About This Lot
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 10.16+- acre zoned multifamily development site located along West Travis Street in Sherman, TX (the “Site”). The zoning allows for 30 units per acre density for up to 304 units.
The Site is accessible via West Travis Street and less than half a mile west of US-75. This intersection boasts multiple national retailers such as Starbucks, McDonald’s, Whataburger, as well as a recently announced future HEB store which will be directly across the street. This offering is exceptionally well-located and is a great opportunity to acquire a zoned multifamily parcel at an attractive price of only $16,118 per developable unit.
Listing Agent
Vanguard Real Estsate Advisors Brokerage Phone: 214-556-1951 License #0494942 Listed on: 06/04/2025
Property Details
Property Type
- Land
Lot Details
- 10.16 Acre Lot
- Zoning described as MF-30: Zoned Multifamily with density of up to 30 units per acre
Schools
- Crutchfield Elementary School
- Sherman High School
Utilities
- Sewer Not Available
Listing and Financial Details
- Assessor Parcel Number 388889
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/04/2025 06/04/25 | For Sale | $4,900,000 | -- | -- |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20958401

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