E Peyton St, Sherman, TX 75090
FOR SALE
15.13 ACRES

E Peyton St
Sherman, TX 75090

    $2,997,500

    Original price: $2,995,000
    Est. Mortgage $18,378/mo*
    Get Pre-Qualified

    $2,997,500

    Original price: $2,995,000
    Est. Mortgage $18,378/mo*
    Get Pre-Qualified
    (on 15.13 acres)

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    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.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for E Peyton St

    Interior Features

    Appliances & Utilities
    Utilities: Sewer Available, Water Available

    Exterior Features

    Exterior Home Features
    Vegetation: Brush, Cleared, Grassed, Partially Wooded
    Frontage
    Road Frontage: City StreetRoad Surface Type: ConcreteNot on Waterfront
    Water & Sewer
    Sewer: Public Sewer

    Days on Market

    Cumulative Days on Market: 254Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Property Information
    Usage of Home: Agricultural, Commercial, Development, Industrial, Investment, Multi-Family, Mixed Use, Pasture, Residential, Recreational, Unimproved, Vacant, WarehouseParcel Number: 156667

    Price & Status

    Price
    List Price: $2,997,500
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Media

    Location

    Direction & Address
    City: ShermanCommunity: MCANAIR J B
    School Information
    Elementary School: DillinghamElementary School District: Sherman ISDJr High / Middle School: ShermanJr High / Middle School District: Sherman ISDHigh School: ShermanHigh School District: Sherman ISD

    Agent Information

    Listing Agent
    Listing ID: 20999758

    HOA

    No HOA

    Lot Information

    Lot Area: 15.125 Acres

    Offer

    Listing Terms: Cash, Conventional

    Miscellaneous

    Mls Number: 20999758Living Area Range Units: Square FeetAttribution Contact: 214-937-9761Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48181-N-156667-R-N
    Last check for updates: about 6 hours ago
    Listing courtesy of Brian Abadie 0750197, (214) 937-9761
    Ready Real Estate LLC, 214-937-9761
    Source: NTREIS, MLS#20999758
    Also Listed on NTREIS.

    Price History for E Peyton St

    DatePriceEventSource
    03/26/2026$2,997,500PriceChange
    NTREIS #20999758
    07/15/2025$2,995,000Listed For SaleNTREIS #20999758

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    Comparable Sales for E Peyton St

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    Sold Date
    Bed
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    Sqft
    1514 E Mildred St, Sherman, TX
    0.24
    Lot/Land
    -
    10/03/25
    -
    -
    1530 Texoma Pkwy, Sherman, TX
    0.83
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    -
    -
    E McGee St, Sherman, TX
    0.73
    Lot/Land
    -
    10/03/25
    -
    -
    2007 N Travis St, Sherman, TX
    0.85
    Lot/Land
    -
    09/04/25
    -
    -
    1200 N Ross Ave, Sherman, TX
    0.90
    Lot/Land
    -
    07/24/25
    -
    -
    410 W Fairview St, Sherman, TX
    1.22
    Lot/Land
    -
    03/16/26
    -
    -
    Dripping Springs Rd, Sherman, TX
    1.85
    Lot/Land
    -
    11/18/25
    -
    -
    512 N Willow St, Sherman, TX
    1.31
    Lot/Land
    -
    05/05/26
    -
    -
    N Branch St, Sherman, TX
    1.51
    Lot/Land
    -
    08/06/25
    -
    -
    1005 E Lamar St, Sherman, TX
    1.67
    Lot/Land
    -
    08/13/25
    -
    -

    Assigned Schools

    These are the assigned schools for E Peyton St.

    What Locals Say about Sherman

    At least 384 Trulia users voted on each feature.

    • 89 % Say car is needed

    • 82 % Say yards are well-kept

    • 81 % Say parking is easy

    • 73 % Say it's dog friendly

    • 72 % Say there's holiday spirit

    • 62 % Say kids play outside

    • 55 % Say it's quiet

    • 51 % Say neighbors are friendly

    • 49 % Say people would walk alone at night

    • 46 % Say they plan to stay for at least 5 years

    • 44 % Say there are sidewalks

    • 36 % Say there's wildlife

    • 32 % Say it's walkable to grocery stores

    • 32 % Say streets are well-lit

    • 23 % Say it's walkable to restaurants

    • 17 % Say there are community events

    Learn more about our methodology.
    • Liz Green
      "Too many dogs getting out of fences. This could be fixed. Otherwise neighborhood is good. Nice people around. "
      0
      Flag
    • Jacob Chapman
      "Small town. Not enough shopping & unique restaurants. Sherman arts festival. That’s all really nothing much more to say. "
      2
      Flag
    • Dhudnall
      "I love this area and have been here many years . Wonderful Neighbors and A great place to call Home."
      0
      Flag
    • Liz Green
      "Too much construction in the area scattered. I prefer taking the highway than the side streets due to this. "
      1
      Flag
    • Stonecam961
      "Quiet family neighborhood with kids from elementary school to high school. The houses are nice family homes. A great neighborhood. "
      2
      Flag
    • Tjodowd
      "My neighborhood has homes on a group lots with plenty of room for dogs to roam.Mouse neighbors in my neighborhood have dogs. Lots of neighbors walk their dogs up and down our streets."
      10
      Flag
    • Art M.
      "My neighborhood is convent to major freeway into Dallas. Easy commute to McKinney, Dallas or north to Oklahoma. Limited access to public transportation. "
      2
      Flag
    • Christina C.
      "Nice, quiet and well kept. All of our neighbors are really nice. We’re close to supermarkets and stores"
      4
      Flag
    • Phebehenderson
      "I’ve livid here for 1.5 years. It is a quiet neighborhood close to a school. I live with an a two minute drive to the hospital. I am about five minutes from all shopping. "
      5
      Flag
    • Charles P.
      "it is hard to walk your dog because of no sidewalks. their are lots of breed restrictions. including size restrictions. "
      0
      Flag
    • Dw50star69
      "not much in the way of public transit... I use to ride a bicycle to downtown. There are some really good bicycle riding areas"
      0
      Flag
    • Codycramer
      "Preston Club is great for having a family. Good for walking and playing out in the yards. Lots of dog owners, walking their pets. "
      0
      Flag
    • Codycramer
      "Little big town. Everything is within 10 mins. Nice/friendly service around town. The school are a good size. "
      0
      Flag
    • Dsymington
      "I’m retired. It generally takes my husband 10 minutes to drive to work “across” town. There is no public transportation. "
      6
      Flag
    • Bailey V.
      "This is just where one of my stations is for my work, it has left a good first impression. Everything you would need is close by"
      0
      Flag
    • Ayda C.
      "In this city everyone stays to theirselves. Everyone here that talks to one another knows each other. Everyone is a regular somewhere."
      0
      Flag
    • Kinta V.
      "ived lived near here for 7 years. fairly nice place to live . it has a really small town feel and the people are friendly. lots of shopping and nearby lake texoma is a great place to fish and boat. "
      0
      Flag
    • Bobbie B.
      "Nice, friendly people. Helpful people. New entertainment center, with bowling, movie theater and gaming center"
      0
      Flag
    • Kristopher F.
      "People drive fast just like the city but it’s a great school district and easy commutes to stores people are very friendly"
      4
      Flag
    • Hotmixer
      "Various civic events throughout the year and new business being located here. Cost of living is affordable in comparison to other areas. Water recreation on nearby waterways including fishing, skying, camping etc"
      6
      Flag
    • Mirella I.
      "been here three years since I moved from Chicago and the Neighbors are friendly and is a safe neighborhood"
      0
      Flag
    • Bobbie B.
      "Leash law is very strict, some places have a limit on how many and certain breeds not allowed, mainly large dogs or ones considered violent "
      2
      Flag
    • Stephanie G.
      "I've lived in Sherman for 4 years, and before that I lived in its neighbouring town Denison for 16 years. A growing community that still looks out for each other. We wave at each other even if we don't know each other, and there is a general sense of community overall. It's a town just big enough to not be too big. "
      11
      Flag
    • John C.
      "There are several parks around town that are pet friendly. You have to have a car to get to most but my dog loves the variety. "
      3
      Flag
    • Mollymoss2
      "It is right off the highway but still secluded. I love my new home! Thanks to Trulia for helping me find it & finding me the best realtor ever!! "
      0
      Flag
    • Megandubois16
      "there are many families in our neighborhood and they have great parks and schools for our children to enjoy"
      1
      Flag
    • Twb1977
      "peaceful. quite. friendly. it is just what we were looking for. community events downtow for any who want to go"
      1
      Flag
    • Geraldoesquivel
      "I seen lots of kids riding bikes, people walking all the time really no dogs in this neighborhood..people in this neighborhood love pets... "
      1
      Flag
    • Sam H.
      "public transportation is lacking and sidewalks are needed for easy pedestrian access. lighting is also needed. "
      1
      Flag
    • Honeyannie
      "Fall Festival and quietness of the surrounding with trees and animals big Parks and lakes and beautiful sceneries friendly staff In the small local Mom and pop shops. "
      0
      Flag
    • Unspecified
      "Lots of families, elementary school is within walking distance. Lots of old shops around. Kids love playing outside. "
      0
      Flag
    • Mcconkey2014
      "Yes they would we have neighbors who have pets. Plus there are people that we know have pets. It’s a great place to walk your dog. We don’t have any complaints from any of our neighbors."
      0
      Flag
    • Danielle05203
      "There’s no sidewalks so you have to go to a park. But there’s many nice sized clean parks less than a mile away."
      0
      Flag

    LGBTQ Local Legal Protections

    Brian Abadie, Ready Real Estate LLC, 214-937-9761
    Agent Phone: (214) 937-9761
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
    E Peyton St, Sherman, TX 75090 is a lot/land. This property is currently available for sale and was listed by NTREIS on Jul 15, 2025. The MLS # for this home is MLS# 20999758.