2546 Luella Road
Sherman, TX, 75090
$
1,500,000
Bedrooms1
Baths1.0
Sq
3,587
Monthly Estimate*
$
9,358
for $1,500,000 with 1 bedroom and 1 full bath. This 3,587 square foot home was built in 1987 on a lot size of 27.875.
Resort-Style Living on Nearly 28 Acres with Endless Potential
This property truly has it all. With almost 28 acres of gorgeous rolling land, it offers beauty, privacy, income potential, and a lifestyle most only dream about.
A large primary home sits on the property with a newly remodeled apartment above, providing a comfortable place to live while completing the main level build-out to your personal style. The land is thoughtfully developed with amenities designed for recreation, living, entertaining and expansion.
Property Features Include:
Main Home with upstairs Apartment
Spacious unfinished lower level design it exactly how you want
Newly remodeled upstairs apartment for full-time living during build-out
Potential layout lower floor: 4 Bedrooms and 3 full baths
30x60 Shop with large mezzanine
Perfect for equipment, vehicles, hobbies, storage or a business workspace, there is also a large equipment barn.
Recreational Amenities
Fenced, lighted sport court with tennis, pickleball & basketball
Putting green
1 mile Biking, hiking & ATV trails winding through scenic wooded areas
Bridges over creeks plus a large stocked pond with bass, catfish & perch
Private, peaceful, nature-filled surroundings
Opportunity & Growth Potential
This property is positioned perfectly for development, expansion or income-producing use. Ideal for:
RV Resort or Private Retreat
Wedding & Events Venue
Residential Development or Luxury Estate
Located in a high-growth area, just 2 miles from 1417 & Hwy 75 where commercial development is rapidly increasing, country serenity with big-city convenience.
A Premier Opportunity, Priced to Sell
Similar land nearby is already being secured by developers at significantly higher values. This is your chance to acquire a rare, feature-rich property with massive upside potential in a rapidly expanding market.
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Features
Interior
Interior Features
Cathedral Ceiling(s)
High Speed Internet Available
Flooring
Laminate
Basement Y/N
0
Dining Areas
1
Living Areas
1
Half Baths
0
Total Bedrooms
1
Total Baths
1
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Exterior
Waterfront
0
Exterior Features
Basketball Court
Dock
Rain Gutters
Playground
Putting Green
RV/Boat Parking
Sport Court
Lot Features
Acreage
Hilly
Landscaped
Lrg. Backyard Grass
Many Trees
Pasture
Rolling Slope
Fencing
High Fence
Masonry
Metal
Soil Type
Unknown
Garage Length
1
Garage Width
1
Other Structures
Barn(s)
Corral(s)
Outbuilding
RV/Boat Storage
See Remarks
Stable(s)
Storage
Tennis Court(s)
Workshop w/Electric
Lot Size Source
Public Records
Parking Features
Additional Parking
Attached Carport
Deck
Electric Gate
Garage Faces Rear
Guest
See Remarks
Workshop in Garage
Lot Size
10 to < 50 Acres
Foundation
Slab
Structural Style
Farm/Ranch House
Single Detached
Garage Y/N
1
Attached Garage Y/N
1
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General
Utilities
Asphalt
Co-op Electric
Co-op Water
Electricity Connected
Individual Water Meter
Outside City Limits
Private Sewer
Possession
Closing/Funding
Roof
Composition
Appliances
Dishwasher
Disposal
Electric Oven
Electric Water Heater
Microwave
Refrigerator
Number of Garage Spaces
1
Restrictions
No Known Restriction(s)
School District
Howe ISD
Pool Y/N
0
Year Built
1987
Architctural Style
Ranch
Levels
Two
Property Subtype
Single Family Residence
Subdivision Name
BENSON ESTATES AT BURNING HILL
Transaction Type
For Sale
Occupant Type
Vacant
County
Grayson
Property Type
Residential
Construction Materials
Cedar
Frame
Wood
HOA Type
None
Special Notes
Aerial Photo
Full Baths
1
Status
Active
Directions
From FM1417 Go South on Luella Rd approx 3 miles
City
Sherman
Elementary School Name
Summit Hill
High School
Howe
Elementary School
Summit Hill
Standard Status
Active
Listing Terms
Cash
Conventional
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* Excluded Features
List By
Scott Benson
Listing Agent
Scott Benson Realty Llc
Broker
Affordability Calculator
- Monthly Principal & Interest
- $9,358
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save
Nearby
Single family listings in Sherman, TX
Average List Price
$395,410
Percent of Sale Price
74%
About Sherman, TX
40,917
Population
14%
Since 2002
$
44,725
Median Income
34.63
Median Age
30%
Households with Children
Trends Information provided by ATTOM Data Solutions.
3451288
Elementary School
3676626
Middle School
Pricing History
| Date |
Price |
Price Change |
Description |
|
12/15/2025
|
$1,500,000
|
|
Listed Price
|