Waterfront
Address
592 Luella Road, Sherman, TX
Price
$ 5,500,000
Property Attributes
- MLS#20552003
- TypeLand
- CountyGRAYSON
- CitySherman
- NeighborhoodW Bailey Surv Abs #064
- Zip75090
- StyleUnimproved Land
- Year Built1961
- Taxes$ 3691
- Price$ 5,500,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size29 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Elementary School |
|---|
| Dillingham Elementary School |
| Price History | |
|---|---|
| 3/5/2024 | Listed $5,500,000 |
General Features
| Development Status | Other |
|---|---|
| Utilities | Alley,City Sewer,City Water |
| Possession | Negotiable |
| Easements | None |
| current use | Unimproved |
| Restrictions | No Mobile Home |
| School District | Sherman ISD |
| Year Built | 1961 |
| Documents Available | Aerial Photo,Plat Approved,Survey,Topo Maps,Other |
| Unexempt Taxes | 3691 |
| Will Subdivide | Yes |
| Property SubType | Unimproved Land |
| Subdivision Name | W Bailey Surv Abs #064 |
| Possible Use | Development,Mixed Use,Multi-Family,Residential,Single Family,Subdevelopment,Other |
| Zoning Description | City Water and City Sewer,However this property is county piece of land. NO ZONING REQUIRED!! Developers Dream Scenario |
| 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 |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20552003 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|---|
| Street Suffix | Road |
Exterior Features
| Waterfront | Yes |
|---|---|
| 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 |
| Frontage Feet | 2000 |
| Lot Size Area | 29.0000 |
| Lot Size Units | Acres |
| Road Frontage Type | City Street |
| Lot Size Square Feet | 1263240.0000 |
| Lot Size Acres | 29.0000 |
| Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 75090
Price
Taxes
Visits
Year Built
© 2024 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor NextHome Premier Choice shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
