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592 Luella Road Sherman, TX $ 5,500,000
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$ 5,500,000 Get more info
592 Luella Road
$ 5,500,000
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592 Luella Road

Sherman, TX, 75090
$ 5,500,000
Baths0.0

Monthly Estimate*

$ 38,419

592 Luella Road, Sherman, TX 75090 - Image 1
592 Luella Road, Sherman, TX 75090 - Image 2
592 Luella Road, Sherman, TX 75090 - Image 3
592 Luella Road, Sherman, TX 75090 - Image 4
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592 Luella Road, Sherman, TX 75090 - Image 6
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Studio

Lots and Land for sale in Sherman, TX

for $5,500,000. This property was built in 1961 on a lot size of 29.

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.

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Lots and Land Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,691

Style

Unimproved Land

Lot Size

29

Year Built

1961

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

20552003
Features
General
Development Status Other
Utilities Alley City Sewer City Water
Possession Negotiable
current use Unimproved
Restrictions No Mobile Home
School District Sherman ISD
Year Built 1961
Property SubType Unimproved Land
Subdivision Name W Bailey Surv Abs #064
County Grayson
Property Type Land
HOA Type None
Special Notes Owner/ Agent
Status Active
Directions 75 north exit 1417 go east about 1 minute turn right on Luella southeast corner of Luella and Cliff Hestand Road
City Sherman
Buyer Agent Compensation 3%
Elementary School Name Dillingham
High School Sherman
Street Name Luella
Elementary School Dillingham
Standard Status Active
Buyer Agent Compensation Type %
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Exterior
Waterfront 1
Lot Features Acreage Corner Lot Few Trees
Vegetation Cleared
Fencing None
Soil Type Unknown
Other Structures None
WaterFront Features Creek
Lot Size 10 to < 50 Acres
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Interior
Street Suffix Road
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Internal Only
Street Number 1 592
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* Excluded Features
List By
Chad Dannheim

Listing Agent

Rockin H Realty

Broker

Affordability Calculator

$38,727
Per Month
99%
1%
0%
Monthly Principal & Interest
$38,419
Monthly Property Taxes
$308
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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THE TIME TO SELL IS NOW!
Nearby
3436593 Elementary School
3672418 Middle School
See complete school information
Pricing History
Date Price Price Change Description
3/5/2024 $5,500,000 Listed Price

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592 Luella Road, Sherman, TX, 75090 is a Lots and Land for sale at $5,500,000 with a lot size of 29. 592 Luella Road is a studio with 0.0 baths and was built in 1961. The property's zip code is 75090 which is in Sherman, TX

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