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7158 Luella Road Sherman, TX ^$ 1,700,000

7158 Luella Road

^$ 1,700,000

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Recently Listed

7158 Luella Road

Sherman, TX, 75090

^$ 1,700,000

Bedrooms4 Baths2.1 Sq 2,424

Monthly Estimate*

^$ 10,467

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Single Family Home for sale in Sherman, TX

for $1,700,000 with 4 bedrooms and 2 full baths, 1 half bath. This 2,424 square foot home was built in 2008 on a lot size of 19.873.

Luxury ranch estate on nearly 20 cross-fenced acres just minutes from downtown Sherman and the new Texas Instruments development. This custom brick home features 4 bedrooms, 2.5 baths, and 2,424 SF of thoughtfully designed living space with custom hickory and pecan cabinetry, cedar trim, historic tin accents, open-concept living, a large kitchen island, and fireplace. Outdoor amenities include covered parking, an expansive deck, above-ground pool, fire pit, and picturesque sunset views. The impressive 60x64 barn is equipped with electricity, water, wash rack, feed area, riding arena, and fenced pastures, ideal for horses or livestock. Currently leased and generating rental income, with additional upside potential through expanded rental opportunities. Additional highlights include high-speed internet and a tankless water heater. A rare opportunity to own a turnkey luxury ranch in North Texas.

Single Family Active

Price

^$ 1,700,000

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 5,663

Style

Traditional

Lot Size

19.873

Year Built

2008

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21280668

Features

Interior

Interior Features Decorative Lighting High Speed Internet Available

Flooring Carpet Ceramic Tile

Basement Y/N 0

Dining Areas 1

Living Areas 1

Half Baths 1

Total Bedrooms 4

Total Baths 3

General

Heating Central Electric

Cooling Ceiling Fan(s) Electric

Utilities Aerobic Septic Asphalt Co-op Electric Individual Water Meter Outside City Limits Private Sewer Rural Water District Septic Sewer Available Underground Utilities

Possession Lease Outstanding

Roof Composition

Appliances Dishwasher Disposal Electric Range

current use Agricultural Cattle Grazing Horses Livestock Single Family

Number of Garage Spaces 2

School District Tom Bean ISD

Pool Y/N 1

Year Built 2008

Architectural Style Traditional

Levels One

Property Subtype Farm/Ranch

Subdivision Name G-0430 FITCH BEN F A-G0430 ACRES 10.0

Transaction Type For Sale

Occupant Type Tenant

County Grayson

Property Type Residential

Construction Materials Brick Rock/Stone

Year Built Details Preowned

HOA Type None

Full Baths 2

Status Active

Directions Use GPS

City Sherman

Elementary School Name Tom Bean

High School Tom Bean

Elementary School Tom Bean

Standard Status Active

Listing Terms 1031 Exchange Cash Conventional

Exterior

Waterfront 0

Parking Features Carport

Lot Size 10 to < 50 Acres

Foundation Slab

Pool Features Above Ground

Structural Style Farm/Ranch House Single Detached

Garage Y/N 1

Attached Garage Y/N 1

Internal Only

Street Number 1 7158

* Excluded Features

List By

Krishna Madhireddy

Listing Agent

Krishna Madhireddy, Broker

Broker

Affordability Calculator

$10,939

Per Month

Monthly Principal & Interest: $10,467
Monthly Property Taxes: $472
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Single family listings in Sherman, TX

Average List Price ^$388,089

Percent of Sale Price 77%

About Sherman, TX

40,917 Population

14% Since 2002

^$44,725 Median Income

34.63 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

286822 Elementary School

5136380 Middle School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/26/2026	$1,700,000		Listed Price

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7158 Luella Road, Sherman, TX, 75090 is a Single Family Home for sale at $1,700,000 with 2,424 sqft and a lot size of 19.873. 7158 Luella Road has 4 bedrooms, 2.1 baths, and was built in 2008. The property's zip code is 75090 which is in Sherman, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Property information courtesy of The North Texas Real Estate Information System.

Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Services

Data is updated as of 5/27/2026.

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7158 Luella Road

Single Family Home for sale in Sherman, TX

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