• 5051 LOY LAKE ROAD Terrell Road Sherman, Texas 75090

  • $5,200,000
  • 0
    Sq Ft
  • 40
    Acres

Excellent development opportunity. Less than 0.5 miles from HWY 75. 1.4 miles from Texoma Medical Center. Currently, ag exempt, grow Bermuda hay. Zoned SF-1 minimum of 6000sq feet lot size. Can also be developed to one-acre lots. Within Sherman city limit and in an opportunity zone. No flood plain. Rolling Terrian includes a pond and creek running through scattered woods. Stunning views from the hilltop. Buyer to pay rollback taxes if current use is changed. Buyer, buyer agent to confirm sewage and water utilities at the site. ESA phase 1 is complete. New survey less than one-year-old available. Please look at the transaction desk for documents. Buyer, Buyer agent to confirm the information provided.

Property Type :

Land

Subdivision :

Kingdom Estates Of Lindale U-1

County :

Grayson

Style :

Land

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Property Details

 

Utilities

Asphalt

Fencing

Barbed Wire

Lot Information

Lot Size (Acr): 40.0000

Lot Size Units: Acres

Lot Size Square Feet: 1742400.0000

Lot Size Source: Public Records

Lot Features: Acreage

Property Information

Property Type: Land

Property Sub Type: Unimproved Land

Subdivision: T B Gates Surv Abs #479

City: Sherman

State: Texas

Directions: Drive north on HWY 75 from Frisco. Exit 65, turn left on FM-691, and in 1-mile turn left on Loy Lake Road. Drive 1000 feet on the loy lake road, the property is on the left.

Property Status: Active

Listing Price Information

Original List Price: $5,200,000

Listing Information

Possession: Specific Date

Tax Information

Parcel Number: 259492

Tax Legal Description: G-0479 GATES T B A-G0479, ACRES 40.0

Unexempt Taxes: $36

Homeowners Association Information

HOA Type: None

School Information

Middle School: Henry Scott

High School: Denison

Intermediate School: Mcdaniel

School District: Denison ISD

Utility Information

Utilities: Asphalt

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3002 Addison Rowen Court, Sherman, TX,75090 $89,900 -- -- -- 1.092 Acres
829 Addison Rowen Court, Sherman, TX,75090 $89,900 -- -- -- 1.004 Acre
000 N Masters Street, Sherman, TX,75090 $920,313 -- -- -- 2.817 Acres
1331 Beach Boulevard, Sherman, TX,75090 $427,900 4 3 2,305 0.13 Acre
TBD Gant Road, Sherman, TX,75090 $2,857,000 -- -- -- 57.14 Acres
6488 Dripping Springs R.., Sherman, TX,75090 $4,450,000 -- -- -- 150.66 Acres
TBD Whitney Road, Sherman, TX,75090 $295,000 -- -- -- 9.996 Acres
TBD Frank Wood Road, Sherman, TX,75090 $329,000 -- -- -- 12.001 Acres
TRACT 2 Frank Wood Road, Sherman, TX,75090 $329,000 -- -- -- 12.001 Acres
1114 Jp Cave Road, Sherman, TX,75090 $515,000 4 4 3,082 2.861 Acres
MLS Logo

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 2024. All rights reserved

ByOwner last updated this listing 04/27/2024 @ 12:24

MLS: 424189945
LISTED BY: Jaya Bathina, Beam Real Estate, LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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