$5,200,000

5051 loy lake road W Terrell Rd Sherman, TX 75092

Estimated payment $33,671/month

Total Views 26,617
40 Acres
$130,000 Price per Acre
1,742,400 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • 40 Acre Lot
  • Partially Wooded Lot
  • Denison High School Rated A-
  • 1 Stock Tank or Pond

About This Lot

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.

Listing Agent

Jaya Bathina

Beam Real Estate, LLC Brokerage Phone: 214-300-8162 License #0784787 Listed on: 02/07/2023

Beam Real Estate, LLC

Property Details

Property Type

  • Land

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1012x1960x1768x924
  • Barbed Wire
  • Partially Wooded Lot
  • Subdivision Possible

Schools

  • Henry Scott Middle School
  • Mcdaniel Middle School
  • Denison High School

Farming

  • 1 Stock Tank or Pond
  • Agricultural Exemption

Horse Facilities and Amenities

  • Horses Allowed On Property

Community Details

  • T B Gates Surv Abs #479 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 259492
  • $36 per year unexempt tax

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Restrictions: No Restrictions
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: Yes
  • Agricultural Exemption YN: Yes
  • Horse Permitted Y N: Yes
  • Attribution Contact: 214-300-8162
  • Special Features: None

Exterior Features

  • Easements: Pipeline
  • Fencing: Barbed Wire
  • Number Of Tanks And Ponds: 1
  • Waterfront: No
  • RoadFrontageType: City Street
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: Asphalt

Condo/Co-op/Association

  • Association Type: None

Association/Amenities

  • DevelopmentStatus: City Limits, Zoned

Schools

  • School District: Denison ISD
  • Middle School: Henry Scott
  • High School: Denison
  • School District: Denison ISD
  • Intermediate School: Mcdaniel

Lot Info

  • Lot Size: 10 to < 50 Acres
  • Lot Features: Acreage
  • Lot Size Units: Acres
  • Lot Size Area: 40.0000
  • Lot Size: 1012x1960x1768x924
  • Parcel Number: 259492
  • Lot Size Acres: 40.0000
  • Lot Size Sq Ft: 1742400.0000
  • Zoning Description: SF1
  • Possible Use: Agricultural, Cattle, Development, Investment, Single Family
  • Present Use: Agricultural

Building Info

  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 36

MLS Schools

  • Middle School Name: Henry Scott
  • High School Name: Denison

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 For Sale $5,200,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20252884

North Texas Real Estate Information Systems (NTREIS)

Texas Grayson County Sherman 75092

5051 loy lake road W Terrell Rd, Sherman, TX

This home is located at 5051 loy lake road W Terrell Rd, Sherman, TX 75092 and is currently priced at $5,200,000. 5051 loy lake road W Terrell Rd is a home located in Grayson County with nearby schools including Hyde Park Elementary School, Scott Middle School, and Denison High School.

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Listing Agent
Jaya Bathina
Section Image
Beam Real Estate, LLC
(430) 542-0977