• 592 Luella Road Sherman, Texas 75090

  • $5,500,000
  • 0
    Sq Ft
  • 29
    Acres

1500 feet from the Billion Dollar Bel Air Lagoon Development!! County property with City Utilities (water and Sewer). located in the hot market of Sherman Texas. This property sits in the middle of major upcoming development with Lennar building next door (400 plus single family units), Multi Family coming across the street in both directions. This property is a great opportunity for either Multi Family (300 plus units) or Mini Storage facility. Again, No City oversight yet the property has City water and City Sewer. Purchase would include all 29 acres. Agent is co-owner of the property.

Property Type :

Land

Subdivision :

Mckinney Original Donation (cmc)

County :

Grayson

Style :

Land

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Property Details

 

Utilities

Alley,City Sewer,City Water

Building Information

Built Year: 1961

Fencing

None

Lot Information

Lot Size (Acr): 29.0000

Lot Size Units: Acres

Lot Size Square Feet: 1263240.0000

Lot Features: Acreage,Corner Lot,Few Trees

Property Information

Property Type: Land

Property Sub Type: Unimproved Land

Subdivision: W Bailey Surv Abs #064

City: Sherman

State: Texas

Directions: 75 north exit 1417 go east about 1 minute turn right on Luella, southeast corner of Luella and Cliff Hestand Road

Property Status: Active

Property Age: 63

Listing Price Information

Original List Price: $5,500,000

Listing Information

Possession: Negotiable

Tax Information

Parcel Number: 125538

Tax Legal Description: G-0329 DUNMAN SHEROD A-G0329, ACRES 128.172

Unexempt Taxes: $3,691

Homeowners Association Information

HOA Type: None

School Information

Elementary School: Dillingham

Middle School: Sherman

High School: Sherman

School District: Sherman ISD

Utility Information

Utilities: Alley,City Sewer,City Water

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
5051 LOY LAKE ROAD Terr.., Sherman, TX,75090 $5,200,000 -- -- -- 40 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
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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 2024. All rights reserved

ByOwner last updated this listing 04/28/2024 @ 05:45

MLS: 436696217
LISTED BY: Chad Dannheim, Rockin H Realty
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 3%
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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