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West Travis Street
Sherman, TX 75092

$4,500,000 USD

Land For Sale  •  10.16 AC

Property Details

• Property Type Land
• Lot Size 10.16 AC
• Zoning MF-30

0 Transit Score

4 Walk Score

Highlights

The 10.16+/- acre Site is well located along West Travis Street less than half a mile west of US-75 and 4.5 miles south of US-82.

The Site is zoned MF-30 which allows for a density of 30 units per acre for up to 304 developable units.

According to Ownership, the City of Sherman is actively working towards bringing sewer to the Site.

According to the 2022 U.S. Census Bureau, the City of Sherman has a population of approximately 45,264, which was in increase of 17.5 percent in the l

According to CoStar, multifamily properties in Sherman are achieving average effective rents up to $1.80 psf.

Property Flyers

Marketing Flyer - Sherman 10.16 Acre Multifamily Site (price reduced)