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3990 Luella Road

Sherman, Texas 75090
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Bed 0

Bed

Bath 0

Bath

SqFt4,680

Sqft

Acres3.21

Acres(Lot)

Rare acreage investment and renovation opportunity in Sherman, Texas. Situated on approximately 3.21 acres in Grayson County, this distinctive two-level 1930 structure offers substantial space, soaring ceilings and a flexible open layout ready for a complete transformation. The upper level features a large open room with impressive ceiling height, while the lower level was previously used as workspace and storage. The property is being sold strictly as-is for cash and requires extensive renovation. Known conditions include roof and moisture damage, deteriorated sheetrock, no central HVAC and deferred maintenance. The building and grounds contain personal property that may remain at closing. Buyers should perform independent inspections and verify square footage, condition, utilities, pe rmitted uses and insurability. With direct frontage on Luella Road and convenient access to Sherman, Tom Bean, Howe and the expanding US-75 employment corridor, this property may appeal to investors, contractors, preservation-minded buyers or anyone seeking a unique acreage redevelopment project. Potential for residential renovation, adaptive reuse or subdivision should be independently verified with Grayson County and any other applicable authorities. Public water and septic are reported but must be confirmed by the buyer. Bring your vision to this one-of-a-kind Grayson County investment property.

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Detail Ic Property Details

Property Type : Residential

Price : $299,999

AD Id : 90896113

MLS Id : 572577263

Lot Size : 3.21 Acres

Living Area Size : 4,680

Year Built : 1930

County : Grayson

Subdivision: Rosewood Heights

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Feature Features

  • Bedroom Information

    Total Bedrooms: 0

    Bathroom Information

    Total Baths: 0 Full Baths: 0 Half Baths: 0
  • Interior Features

    Open Floorplan

    Appliances

    Other,None

    Utilities

    City Water,Septic
  • Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1930

  • Lot Information

    Lot Size (Acr): 3.2100 Lot Size Units: Acres Lot Size Square Feet: 139,828
  • Property Information

    SQ ft (Living Area): 4,680 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: G-1300 City: Sherman State: Texas Directions: See Maps Property Status: Active Levels: Two Property Age: 96

  • Listing Price Information

    Original List Price: $299,999 List Price Tot SqFt: $64
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 127242 Tax Legal Description: G-1300 WILLIAMSON R M A-G1300, ACRES 3.21 Unexempt Taxes: $3,059

  • Parking Information

    Carport Spaces: 0 Parking Features: Other
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Tom Bean Middle School: Tom Bean High School: Tom Bean School District: Tom Bean ISD
  • Utility Information

    Utilities: City Water,Septic
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Nearby Home Value

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428 Pennell Road, Sherman, TX, 75090 $399,900 3 2 1,680 9.39 Acres
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4034 Bethany Road, Sherman, TX, 75090 $175,000 3 2 1,120 1.22 Acres
1612 White Mound Road, Sherman, TX, 75090 $799,000 3 2 2,098 9.41 Acres
8844 State Highway 56, Sherman, TX, 75090 $240,000 3 1 1,620 0.80 Acre
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 09/09/2026 @ 11:05

MLS: 572577263 LISTED BY: Weston Kirk, All City 866-277-6005 SOURCE: NTREIS - North Texas Real Estate Information

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