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$2,997,500

$6,800Reward *

TBD E Peyton Street 15.125 acres, Sherman, TX 75090Listing ID 20999758

TBD E Peyton Street 15.125 acres, Sherman, TX 75090

Active

MCANAIR J B

Time on site: 289 days • Last updated: Mar 26, 2026

Property Type

Land

Property Sub Type

Unimproved Land

Acres

15.13

Days on Site

289

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.

Property Information

Property Details

Location

Address

TBD E Peyton Street

County

Grayson

City

Sherman

Zip Code

75090

Subdivision

MCANAIR J B

School District

Sherman ISD

High School

Sherman

Elementary School

Dillingham

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: North Texas Real Estate Information Systems, Inc.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

For corrections to this data please contact Brytecore MLS Support.

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