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$2,995,000

15.125ACRES E Peyton St Sherman, TX 75090

15.1 acres
Land

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

Home typeUnimproved Land
StatusActive
Lot size15.125 Acres
MLS #20999758

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

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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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.

Price information

Property sales

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Tax history

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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.

All data from GreatSchools

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.

How much money do the neighbors make?

39%
<35k
56%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

51%
Single, No Kids
19%
Single, with Kids
17%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
7%
12-17 yrs old
28%
18-34 yrs old
32%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Wal-MartWal-Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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