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15.125 acres E Peyton Street, 
Sherman, TX 75090

$2,995,000


Bed


Bath


-

Sq Ft


15.13

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Brian Abadie

Ready Real Estate

Last updated:

July 23, 2025, 11:46 AM

MLS#

20999758

Source:

GDAR

About This Land

15.125 acres E Peyton Street

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. Contact us today for more information!

Land Facts

Description/Design:

Land

Lot Size (Acres)

15.13

MLS #:

20999758

Last Updated:

July 23, 2025, 11:46 AM


Finances & Disclosures

Finances

Price:

$2,995,000

MLS Logo
Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated July 23, 2025 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Regional Realty.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.