TBD E Peyton Street 15.125 acres
Sherman, TX, 75090
$2,995,000
Beds
0 Baths
SqFt
15.13 Acres
MLS #20999758 image #0

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$2,995,000
MLS #:
20999758
Status:
Active
Baths:
0
Type:
Land
Subtype:
Unimproved Land
Subdivision:
MCANAIR J B
Listed Date:
Jul 15, 2025
Lot Size:
658,845 sqft / 15.13 acres (approx)
Mcanair J BSherman IsdDillinghamShermanSherman

Schools

School District:
Sherman ISD
Elementary School:
Dillingham
Middle School:
Sherman
High School:
Sherman

Interior

Exterior

Frontage Feet
1180
Lot Size Area
15.1250
Number Of Lots
4
Vegetation
Brush, Cleared, Grassed, Partially Wooded

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Market Summary

Current real estate data for Land in Sherman as of Mar 21, 2026
226
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Avg DOM
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Property Summary

    Located in the MCANAIR J B subdivision, TBD E Peyton Street 15.125 acres Sherman TX is a Land for sale in Sherman, TX, 75090. It is listed for $2,995,000 and features 15 acres. To schedule a showing of MLS#20999758 at TBD E Peyton Street 15.125 acres in Sherman, TX, contact your Aaron Layman Properties agent at 940-209-2100.
TBD E Peyton Street 15.125 acres
Sherman, TX