5051 loy lake road Terrell Road Sherman Texas 75090

Active

5051 loy lake road Terrell Road Sherman Texas 75090

$5,200,000 - 40± Acres Sherman, Texas 75090
  • Grayson County

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.

Key Features

  • Price $5,200,000
  • Property Type Land
  • Acres 40±
  • Utilities Asphalt
  • City Sherman
  • Status Active

Improvements

  • Fence: Barbed Wire
  • Permit internet: 1

Other

  • City: Sherman
  • County: Grayson
  • State: Texas
  • Zipcode: 75090
  • Subdivision: T B Gates Surv Abs #479

Property Map

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.

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