Description
Vanguard real estate advisors (“vrea”) has been exclusively retained by ownership to offer developers and investors the opportunity to purchase a 10.16+- acre zoned multifamily development site located along west travis street in sherman, tx (the “site”). the zoning allows for 30 units per acre density for up to 304 units.
the site is accessible via west travis street and less than half a mile west of us-75. this intersection boasts multiple national retailers such as starbucks, mcdonald’s, whataburger, as well as a recently announced future grocery store which will be directly across the street. this offering is exceptionally well-located and is a great opportunity to acquire a zoned multifamily parcel at an attractive price of only $16,118 per developable unit.
Property Type
LandCounty
GraysonStyle
LandAD ID
50068937
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Property Details
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Interior Features
Utilities
- City Water,No Sewer
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Property / Lot Details
Lot Information
- Lot Size (Acr): 10.1600
- Lot Size Units: Acres
- Lot Size Square Feet: 442569.6000
- Lot Features: Acreage
Property Information
- Property Type: Land
- Property Sub Type: Unimproved Land
- Subdivision: NA
- City: Sherman
- State: Texas
- Directions: Access via West Travis Street
- Property Status: Active
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Listing Information
Listing Price Information
- Original List Price: $4,900,000
Listing Information
- Possession: Closing/Funding
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Taxes / Assessments
Tax Information
- Parcel Number: 388889
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Homeowners Association Information
- HOA Type: None
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School, Utilities & Location Details
School Information
- Elementary School: Crutchfield
- Middle School: Sherman
- High School: Sherman
- School District: Sherman ISD
Utility Information
- Utilities: City Water,No Sewer
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BuyOwner last updated this listing 06/16/2025 @ 13:41
- MLS: 456315318
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: NTREIS - North Texas Real Estate Information
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 10 sized lot, and 0 parking. are nearby neighborhoods.