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Grayson, US
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.
Courtesy Of: Ready Real Estate LLC
Feature Highlights
- Multi Parcel ID
- AG Exemption
Public Schools
- School District:
- Sherman ISD
- Elementary School:
- Dillingham
- Middle School:
- Sherman
- High School:
- Sherman
Interior Features
- Frontage Feet:
- 1180
Exterior Features and Amenities
- Lot Features:
- Acreage,Cleared
- Lot Size:
- 10 to < 50 Acres
- Lot Size Area:
- 15.1250
- Lot Size Source:
- Assessor
- Lot Size Units:
- Acres
- Number Of Lots:
- 4
- Subdivision Name:
- MCANAIR J B
Utility Information
- Utilities:
- City Sewer,City Water
Financial
- Lots Sold Package:
- 4
- Unexempt Taxes:
- $6.00
- Tax Legal Description:
- G-0763 MCANAIR J B, ACRES 7.25
Other Features
- Will Subdivide:
- Subdivided
- Unit Number:
- 15.125 acres
- Special Notes:
- Aerial Photo,Environ. Study Complete,Phase I Complete,Survey Available
- Restrictions:
- Development,Easement(s)
- Possession:
- Closing/Funding
- Parcel Number:
- 156667
- Easements:
- Other
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Data last updated: 2026-05-20.
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