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5051 loy lake road Terrell Road Sherman, TX $ 5,200,000
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$ 5,200,000 Get more info
5051 loy lake road Terrell Road
$ 5,200,000
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5051 loy lake road Terrell Road

Sherman, TX, 75090
$ 5,200,000
Baths0.0

Monthly Estimate*

$ 34,561

5051 loy lake road Terrell Road, Sherman, TX 75090 - Image 1
5051 loy lake road Terrell Road, Sherman, TX 75090 - Image 2
5051 loy lake road Terrell Road, Sherman, TX 75090 - Image 3
5051 loy lake road Terrell Road, Sherman, TX 75090 - Image 4
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Studio

Lots and Land for sale in Sherman, TX

for $5,200,000. The lot size is 40.

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.

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Lots and Land Active

Price

$ 5,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 36

Style

Unimproved Land

Lot Size

40

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

20252884
Features
General
Development Status City Limits Zoned
Utilities Asphalt
Possession Specific Date
current use Agricultural
Restrictions No Restrictions
School District Denison ISD
Property SubType Unimproved Land
Subdivision Name T B Gates Surv Abs #479
County Grayson
Property Type Land
HOA Type None
Special Notes Phase I Complete Survey Available
Status Active
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.
City Sherman
Buyer Agent Compensation 2
High School Denison
Street Name Terrell
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Waterfront 0
Lot Features Acreage
Vegetation Grassed Partially Wooded
Fencing Barbed Wire
Lot Size Source Public Records
Lot Size 10 to < 50 Acres
Lot Size Dimensions 1012x1960x1768x924
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Interior
Street Suffix Road
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Internal Only
Street Number 1 5051
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* Excluded Features
List By
Jaya Bathina

Listing Agent

Beam Real Estate, Llc

Broker

Affordability Calculator

$34,564
Per Month
100%
0%
0%
Monthly Principal & Interest
$34,561
Monthly Property Taxes
$3
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1041604 Elementary School
3672557 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/8/2023 $5,200,000 Listed Price

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5051 loy lake road Terrell Road, Sherman, TX, 75090 is a Lots and Land for sale at $5,200,000 with a lot size of 40. 5051 loy lake road Terrell Road is a studio with 0.0 baths. The property's zip code is 75090 which is in Sherman, TX

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