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  • Price$5,200,000
  • Acres40.00

5051 Loy Lake Road Terrell Road, Sherman

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.

Essential Information

  • MLS® #20252884
  • Price$5,200,000
  • Bathrooms0.00
  • Acres40.00
  • TypeLand
  • Sub-TypeUnimproved Land
  • StatusActive

Amenities

  • UtilitiesAsphalt

School Information

  • DistrictDenison ISD
  • MiddleHenry Scott
  • HighDenison

Listing Details

  • Listing AgentJaya Bathina
  • Listing OfficeBeam Real Estate, Llc

Community Information

  • Address5051 Loy Lake Road Terrell Road
  • SubdivisionT B Gates Surv Abs #479
  • CitySherman
  • CountyGrayson
  • StateTX
  • Zip Code75090

Exterior

  • Lot DescriptionAcreage

Additional Information

  • ZoningSF1
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Listing information last updated on April 29th, 2024 at 11:00pm CDT.