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4441 W Houston St
28.65 Acres of Residential Land Offered at $4,800,000 in Sherman, TX 75092
Investment Highlights
- Property is in the path of growth off FM1417 and is located on future major thoroughfare.
Executive Summary
Property Facts
| Price | $4,800,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | High Vacancy Property | Total Lot Size | 28.65 AC |
| No. Lots | 1 |
| Price | $4,800,000 |
| Sale Type | Investment |
| Sale Conditions | High Vacancy Property |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 28.65 AC |
1 Lot Available
Lot
| Price | $4,800,000 | Lot Size | 28.65 AC |
| Price Per AC | $167,539 |
| Price | $4,800,000 |
| Price Per AC | $167,539 |
| Lot Size | 28.65 AC |
Recently Approved MF-15 for Built to Rent (Up to 420 Units) property on West Side of Sherman. 1/2 Mile off of Heritage Pkwy and Hwy 56 in the middle of high growth area.
Description
Built to Rent property within, 1/2 mile of FM1417/ Heritage Pkwy in Sherman, within 2 miles of the new Sherman High School and within 7 minutes from the future site of the Globitech Wafer Manufacturing Facility.
PROPERTY TAXES
| Parcel Number | 122718 | Improvements Assessment | $18,769 |
| Land Assessment | $1,181,231 | Total Assessment | $1,200,000 |
PROPERTY TAXES
zoning
| Zoning Code | MF-15 (Approved for 420 Units of Rental Units) |
| MF-15 (Approved for 420 Units of Rental Units) |
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Charles Branch - Valiant Real Estate Services, Inc
Presented by
Valiant Real Estate Services, Inc
4441 W Houston St
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