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3990 Luella Road Sherman, TX $ 299,999
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3990 Luella Road
$ 299,999
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3990 Luella Road

Sherman, TX, 75090
$ 299,999
Baths0.0 Sq 4,680

Monthly Estimate*

$ 1,894

3990 Luella Road, Sherman, TX 75090 - Image 1
3990 Luella Road, Sherman, TX 75090 - Image 2
3990 Luella Road, Sherman, TX 75090 - Image 3
3990 Luella Road, Sherman, TX 75090 - Image 4
3990 Luella Road, Sherman, TX 75090 - Image 5
3990 Luella Road, Sherman, TX 75090 - Image 6
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Studio

Single Family Home for sale in Sherman, TX

for $299,999. This 4,680 square foot home was built in 1930 on a lot size of 3.21.

Rare acreage investment and renovation opportunity in Sherman, Texas. Situated on approximately 3.21 acres in Grayson County, this distinctive two-level 1930 structure offers substantial space, soaring ceilings and a flexible open layout ready for a complete transformation. The upper level features a large open room with impressive ceiling height, while the lower level was previously used as workspace and storage. The property is being sold strictly as-is for cash and requires extensive renovation. Known conditions include roof and moisture damage, deteriorated sheetrock, no central HVAC and deferred maintenance. The building and grounds contain personal property that may remain at closing. Buyers should perform independent inspections and verify square footage, condition, utilities, permitted uses and insurability. With direct frontage on Luella Road and convenient access to Sherman, Tom Bean, Howe and the expanding US-75 employment corridor, this property may appeal to investors, contractors, preservation-minded buyers or anyone seeking a unique acreage redevelopment project. Potential for residential renovation, adaptive reuse or subdivision should be independently verified with Grayson County and any other applicable authorities. Public water and septic are reported but must be confirmed by the buyer. Bring your vision to this one-of-a-kind Grayson County investment property.

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Single Family Active

Price

$ 299,999

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 3,059

Style

Single Family Residence

Lot Size

3.21

Year Built

1930

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21373557
Features
Interior
Interior Features Open Floorplan
Basement Y/N 0
Dining Areas 0
Living Areas 1
Half Baths 0
Total Bedrooms 0
Total Baths 0
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Exterior
Waterfront 0
Parking Features Other
Lot Size 3 to < 5 Acres
Structural Style Single Detached
Garage Y/N 0
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General
Utilities City Water Septic
Possession Closing/Funding
Appliances Other None
School District Tom Bean ISD
Pool Y/N 0
Year Built 1930
Levels Two
Property Subtype Single Family Residence
Subdivision Name G-1300
Transaction Type For Sale
County Grayson
Property Type Residential
HOA Type None
Full Baths 0
Status Active
Directions See Maps
City Sherman
Elementary School Name Tom Bean
High School Tom Bean
Elementary School Tom Bean
Standard Status Active
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Internal Only
Street Number 1 3990
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* Excluded Features
List By
Weston Kirk

Listing Agent

All City

Broker

Affordability Calculator

$2,149
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,894
Monthly Property Taxes
$255
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
286822 Elementary School
5136380 Middle School
See complete school information
Pricing History
Date Price Price Change Description
8/31/2026 $299,999 Listed Price

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3990 Luella Road, Sherman, TX, 75090 is a Single Family Home for sale at $299,999 with 4,680 sqft and a lot size of 3.21. 3990 Luella Road is a studio with 0.0 baths and was built in 1930. The property's zip code is 75090 which is in Sherman, TX

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