$2,995,000

TBD E Peyton St Unit 15.125 acres Sherman, TX 75090

Estimated payment $18,733/month

Total Views 2,117
15.13 Acres
$198,017 Price per Acre
658,845 Sq Ft Lot

Highlights

  • 15.13 Acre Lot
  • Partially Wooded Lot
  • Brush Vegetation

About This Lot

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.

Listing Agent

Brian Abadie

Ready Real Estate LLC Brokerage Phone: 214-937-9761 License #0750197 Listed on: 07/14/2025

Ready Real Estate LLC

Property Details

Property Type

  • Land

Lot Details

  • 15.13 Acre Lot
  • Brush Vegetation
  • Cleared Lot
  • Partially Wooded Lot
  • 4 Lots in the community
  • Zoning described as MF-30 Multifamily

Location

  • City Lot

Schools

  • Dillingham Elementary School
  • Sherman High School

Community Details

  • Mcanair J B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 156667

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • OWNERNAME: BAT Properties, LLC
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 214-937-9761
  • Co List Office Mls Id: REDR01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48181:156667
  • Special Features: VirtualTour

Exterior Features

  • RoadFrontageType: City Street
  • RoadSurfaceType: Concrete

Utilities

  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available

Association/Amenities

  • DevelopmentStatus: Site Plan Approved, Zoned

Schools

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

Lot Info

  • PossibleUse: Agricultural, Commercial, Development, Industrial, Investment, Multi-Family, Mixed Use, Pasture, Residential, Recreational, Unimproved, Vacant, Warehouse
  • Lot Features: Acreage, Cleared, City Lot
  • Lot Size Units: Acres
  • Lot Size Area: 15.125
  • Parcel Number: 156667
  • Lot Size Acres: 15.125
  • Lot Size Sq Ft: 658845.0
  • Zoning Description: MF-30 Multifamily
  • Present Use: Agricultural, Development, Investment, Multi-Family, Residential, Single Family, Unimproved

Multi Family

  • Number Of Lots: 4

Tax Info

  • Tax Annual Amount: 6.0

MLS Schools

  • MiddleOrJuniorSchool: Sherman

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/15/2025 07/15/25 For Sale $2,995,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20999758

North Texas Real Estate Information Systems (NTREIS)
Texas Grayson County Sherman 75090

TBD E Peyton St Unit 15.125 acres, Sherman, TX

For Sale

Lots

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Brian Abadie
Listing Agent
Brian Abadie
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Ready Real Estate LLC
(430) 249-2006