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2615 E Graystone Rd - 96 | 40' SF Paper Lots Sherman, TX 19.95 Acres of Residential Land Offered at $2,479,154 CAD in Sherman, TX 75090



INVESTMENT HIGHLIGHTS
- Located a block East of Texoma Parkway, less than a mile and a half east of US 75, and less than a half mile north of Highway 82.
- The Site is zoned R-4, “Patio Home District”, allowing for a minimum of 40’ lots with a minimum square footage of 4,000 square feet.
- To the best of our knowledge the Site is best suited for for-sale housing or a for-rent community.
- The Site is approximately 2.5 miles east of several retailers and restaurants
- Per the Seller, all civil engineering is approved for 96 forty-foot wide lots.
PROPERTY FACTS
| Price | $2,479,154 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 19.95 AC |
| Zoning | R-4 - R-4 (Single Family Patio District); 40' FF | ||
| Price | $2,479,154 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 19.95 AC |
| Zoning | R-4 - R-4 (Single Family Patio District); 40' FF |
1 LOT AVAILABLE
Lot
| Price | $2,479,154 CAD | Lot Size | 19.95 AC |
| Price Per AC | $124,268.37 CAD |
| Price | $2,479,154 CAD |
| Price Per AC | $124,268.37 CAD |
| Lot Size | 19.95 AC |
DESCRIPTION
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to present qualified builders and developers with the opportunity to purchase 96 engineered 40-foot paper lots (19.95+/- acres) located at 2615 Graystone Drive in Sherman, TX (“the Site”). The Site is centrally located within the Sherman-Denison MSA, less than 1.5 miles east of US Highway 75, less than a 10-minute drive to downtown Sherman, and less than 8 miles north of both the new GlobiTech and Texas Instruments facilities. This represents a great opportunity to acquire a fully engineered single family lot opportunity at an attractive price of only $18,500 per paper lot. A 2.25% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.
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2615 E Graystone Rd - 96 | 40' SF Paper Lots Sherman, TX
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