Views
Address
5051 loy lake road Terrell Road, Sherman, TX
Price
$ 5,200,000
Property Attributes
- MLS#20252884
- TypeLand
- CountyGRAYSON
- CitySherman
- NeighborhoodT B Gates Surv Abs #479
- Zip75090
- StyleUnimproved Land
- Taxes$ 36
- Price$ 5,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size40 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Excellent development opportunity. Less than 0.5 miles from HWY 75. 1.4 miles from Texoma Medical Center. Currently, ag exempt, grow Bermuda hay. Zoned SF-1 minimum of 6000sq feet lot size. Can also be developed to one-acre lots. Within Sherman city limit and in an opportunity zone. No flood plain. Rolling Terrian includes a pond and creek running through scattered woods. Stunning views from the hilltop. Buyer to pay rollback taxes if current use is changed. Buyer, buyer agent to confirm sewage and water utilities at the site. ESA phase 1 is complete. New survey less than one-year-old available. Please look at the transaction desk for documents. Buyer, Buyer agent to confirm the information provided.
| Price History | |
|---|---|
| 2/8/2023 | Listed $5,200,000 |
General Features
| Development Status | City Limits,Zoned |
|---|---|
| Utilities | Asphalt |
| Possession | Specific Date |
| Easements | Pipeline |
| current use | Agricultural |
| Restrictions | No Restrictions |
| School District | Denison ISD |
| Unexempt Taxes | 36 |
| Will Subdivide | Yes |
| Property SubType | Unimproved Land |
| Subdivision Name | T B Gates Surv Abs #479 |
| Possible Use | Agricultural,Cattle,Development,Investment,Single Family |
| Zoning Description | SF1 |
| County | Grayson |
| Property Type | Land |
| HOA Type | None |
| Special Notes | Phase I Complete,Survey Available |
| Status | Active |
| Directions | Drive north on HWY 75 from Frisco. Exit 65,turn left on FM-691,and in 1-mile turn left on Loy Lake Road. Drive 1000 feet on the loy lake road,the property is on the left. |
| City | Sherman |
| Buyer Agent Compensation | 2 |
| High School | Denison |
| Street Name | Terrell |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20252884 |
| Standard Status | Active |
| Buyer Agent Compensation Type | % |
Interior Features
| Lock Box Type | None |
|---|---|
| Street Suffix | Road |
Exterior Features
| Lot Features | Acreage |
|---|---|
| Vegetation | Grassed,Partially Wooded |
| Fencing | Barbed Wire |
| Lot Size Source | Public Records |
| Lot Size | 10 to < 50 Acres |
| Frontage Feet | 3000 |
| Lot Size Area | 40.0000 |
| Lot Size Dimensions | 1012x1960x1768x924 |
| Lot Size Units | Acres |
| Road Frontage Type | City Street |
| Lot Size Square Feet | 1742400.0000 |
| Lot Size Acres | 40.0000 |
| 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
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