$4,900,000

00 W Travis St Sherman, TX 75092

Estimated payment $31,547/month

Total Views 1,526
10.16 Acres
$482,283 Price per Acre
442,570 Sq Ft Lot

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

Jordan Cortez

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

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • OWNERNAME: NA
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 214-556-1951
  • Co List Office Mls Id: VREA01
  • Special Features: VirtualTour

Utilities

  • Sewer: None
  • Utilities: Sewer Not Available, Water Available

Association/Amenities

  • DevelopmentStatus: Zoned

Schools

  • Elementary School: Crutchfield
  • High School: Sherman
  • Junior High Dist: Sherman ISD

Lot Info

  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 10.16
  • Parcel Number: 388889
  • Lot Size Acres: 10.16
  • Lot Size Sq Ft: 442569.6
  • Zoning Description: MF-30: Zoned Multifamily with density of up to 30 units per acre

MLS Schools

  • MiddleOrJuniorSchool: Sherman

Map

Range of Values:

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ICE

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20958401

North Texas Real Estate Information Systems (NTREIS)