$4,900,000
10.16± Acres
Active
Grayson County, TX

Travis, Sherman, Texas

MLS ID: 20958401
Status: Active
Price: $4,900,000
Acres: 10.16±
Type: Unimproved, Land
Address: Travis
City, State: Sherman, TX
County: Grayson County
ZIP Code: 75092
Parcel Number: 388889

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.

Directions: Access via West Travis Street

Additional Information

Exterior

Lot Features: Acreage
Lot Size Area: 10
Lot Size Square Feet: 442,570
Water Source: Public

Financial/HOA/Schools

Elementary School: Crutchfield
Elementary School District: Sherman ISD
Middle School: Sherman
Middle School District: Sherman ISD
High School: Sherman
High School District: Sherman ISD
Subdivision Name: Na
Zoning Description: MF-30: Zoned Multifamily with density of up to 30 units per acre
Everette Newland

Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 1, 2025 at 12:00:00 AM UTC

Listed By: Jordan Cortez of Vanguard Real Estsate Advisors