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.
Lot/land
$4,900,000
0 W Travis St, Sherman, TX 75092
--beds
--baths
10.16Acres
Unimproved Land
Built in ----
10.16 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 61 days
- on Zillow |
- 23 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 09:10pm
Listed by:
Jordan Cortez 0494942 214-556-1951,
Vanguard Real Estsate Advisors 214-556-1951
Source: NTREIS,MLS#: 20958401
Travel times
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 10.16 Acres
- Features: Acreage
Details
- Parcel number: 388889
- Zoning description: MF-30: Zoned Multifamily with density of up to 30 units per acre
- Special conditions: Standard
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Sewer Not Available, Water Available
Community & HOA
Community
- Subdivision: NA
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Date on market: 6/4/2025
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