#20922633, Cole Frazier, Listing office: Frazier Group Property Management
Property details
About 15.125ACRES E Peyton St
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!
Highlights
Virtual tour
Summary
- List Price: $2,995,000
- Lot: Cleared, City Lot
- Directions: Use GPS, Request Pin Drop from Listing Agent
- Lot Size: 15.125 Acres
- MLS Number: 20999758
- MLS Name: NTR
- Office Name: Ready Real Estate
- Office Phone: (214) 937-9761
- Listing Agent: Brian Abadie
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Last updated on: 7/16/2025, 5:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Nearby schools
5
Fairview Elementary School
Public District KG-5
0.7 mi
•501 W Taylor St
4
Neblett Elementary School
Public District KG-5
1.3 mi
•1505 Gallagher Dr
4
Dillingham Elementary School
Public District KG-5
1.4 mi
•1701 Gallagher Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,916. Residents of Sherman, TX typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 15.125ACRES E Peyton St
The listing price of 15.125ACRES E Peyton St property is $2,995,000.
The property 15.125ACRES E Peyton St is land located in Sherman, Texas, 75090.
Active Listing: 15.125ACRES E Peyton St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 15.125ACRES E Peyton St are: Fairview Elementary School (GreatSchools Rating 5/10), Neblett Elementary School (GreatSchools Rating 4/10), Dillingham Elementary School (GreatSchools Rating 4/10), Piner Middle School (GreatSchools Rating 5/10), Sherman Middle School (GreatSchools Rating 4/10), Scott Middle School (GreatSchools Rating 4/10), Sherman High School (GreatSchools Rating 5/10), Perrin Learning Center (GreatSchools Rating 1/10), Pathways High School (GreatSchools Rating 3/10).
The property 15.125ACRES E Peyton St is 15.125 acres.
This home is located at 15.125ACRES E Peyton St in Sherman, TX and zip code 75090. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $2,995,000.
The number of homes for sale in Sherman, TX increased by 8.3% between May and June 2025. While the average time on the market in June 2025 was 94 days, the median list price was $307,000.