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GP Theriot IV

gp@gptheriot.com +1(214) 789-5888

$ 2,999,000

Est. payment | -/mo

15.13 Acres Lot

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$ 2,999,000

Est. payment | -/mo

Save Virtual Tour

15.13 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Mcanair J B

MLS Listing ID 20999758

HOA Y/N No

Annual Tax Amount $6

Lot Size 15.125 Acres

Acres 15.125

Property Sub-Type Unimproved Land

Property Description

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.

Location

State TX

County Grayson

Zoning MF-30 Multifamily

Direction Use GPS, Request Pin Drop from Listing Agent

Interior

Fireplace No

Exterior

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Present Use Agricultural,Development,Investment,Multi-Family,Pasture,Residential,Recreational,Single Family,Unimproved

Street Surface Concrete

Road Frontage City Street

Private Pool No

Building

Lot Description Acreage, Cleared, City Lot

Sewer Public Sewer

Water Public

Schools

Elementary Schools Dillingham

Middle Schools Sherman

High Schools Sherman

School District Sherman Isd

Others

Tax ID 156667

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20999758

Nearby Locations

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GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

TBD E Peyton ST #15.125 acres Sherman, TX 75090

GP Theriot IV

Key Details

Location

Interior

Exterior

Building

Schools

Others

TBD E Peyton ST #15.125 acres