00 W TRAVIS STREET, SHERMAN, TX 75092

Homes for sale in Sherman.

Homes for sale in 75092.


00 W Travis Street

Sherman, TX 75092

Status of the property has changed, please contact for details

List Price$4,900,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #20958401

10.16

Acres

Lots / Land

Type

About This Property

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 Features

Location Information

County

Grayson

Subdivision

NA

Interior Features

Has Fireplace

No

Exterior Features

Water / Sewer

Sewer Not Available, Water Available

Zoning

MF-30: Zoned Multifamily with density of up to 30

Utilities

Sewer Not Available, Water Available

Development Status

Zoned

Lot Description

Acreage

Is One Story

No

Lot Size in Acres

10.16

Lot Description

Acreage

Lot Size in Sq. Ft.

442,569

School

Elementary School District

Sherman ISD

Jr. High School

Sherman

Elementary School

Crutchfield

High School

Sherman

Additional Information

Property Type

LL

Status

Active

Property SubType

Unimproved Land

Has a Home Owners Association

No

Similar Listings

Mortgage Calculator

$22,883

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$17,657

Monthly Tax

$4,083

Monthly Insurance

$1,143

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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