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TBD E Peyton Street #15.125 ACRES

Sherman, Texas 75090
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Acres15.13

Acres(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 excep tional access, visibility, and long-term growth potential. Ag Exempt.

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Detail Ic Property Details

Property Type : Land

Price : $2,999,000

AD Id : 65985064

MLS Id : 459245652

Lot Size : 15.13 Acres(Lot)

County : Grayson

Subdivision: Mcanair J B

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Feature Features

  • Utilities

    City Sewer,City Water

  • Lot Information

    Lot Size (Acr): 15.1250 Lot Size Units: Acres Lot Size Square Feet: 658,845 Lot Size Source: Assessor Lot Features: Acreage,Cleared
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: MCANAIR J B City: Sherman State: Texas Directions: Use GPS, Request Pin Drop from Listing Agent Property Status: Active

  • Listing Price Information

    Original List Price: $2,999,000
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 156667 Tax Legal Description: G-0763 MCANAIR J B, ACRES 7.25 Unexempt Taxes: $6

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Dillingham Middle School: Sherman High School: Sherman School District: Sherman ISD
  • Utility Information

    Utilities: City Sewer,City Water
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Nearby Home Value

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TBD First Street, Sherman, TX, 75090 $200,000 -- -- -- 3.17 Acres(Lot)
950 Old Ida Road, Sherman, TX, 75090 $1,986,500 -- -- -- 68.50 Acres(Lot)
322 Grigg Road, Sherman, TX, 75090 $499,000 -- -- -- 23.04 Acres(Lot)
1578 Campground Road, Sherman, TX, 75090 $2,100,000 -- -- -- 44.17 Acres(Lot)
738 Campground Road, Sherman, TX, 75090 $2,348,000 -- -- -- 49.50 Acres(Lot)
TBD Independence Springs, Sherman, TX, 75090 $1,492,000 -- -- -- 121 Acres(Lot)
TBD Fm 697, Sherman, TX, 75090 $495,000 -- -- -- 11 Acres(Lot)
TBD Key Rd, Sherman, TX, 75090 $299,900 -- -- -- 12.15 Acres(Lot)
TRACT 2 Key Road, Sherman, TX, 75090 $395,000 -- -- -- 16.06 Acres(Lot)
TBD LOT 1-4 Adams Road, Sherman, TX, 75090 $270,000 -- -- -- 6.15 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/09/2026 @ 04:35

MLS: 459245652 LISTED BY: Brian Abadie, Ready Real Estate LLC 817-569-8200 SOURCE: NTREIS - North Texas Real Estate Information

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