Sherman, TX 75090 5051 loy lake road Terrell Road
$5,200,000
Presented By: Jaya Bathina with Beam Real Estate, LLC; 214-300-8162
Home Details
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.
Presented By: Jaya Bathina with Beam Real Estate, LLC; 214-300-8162
Interior Features for 5051 loy lake road Terrell Road
Other Interior Features
Lock Box TypeNone
General for 5051 loy lake road Terrell Road
CitySherman
CountyGrayson
Development StatusCity Limits, Zoned
DirectionsDrive 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.
EasementsPipeline
HOA TypeNone
High SchoolDenison
PossessionSpecific Date
Possible UseAgricultural, Cattle, Development, Investment, Single Family
Property SubtypeUnimproved Land
Property TypeLand
RestrictionsNo Restrictions
School DistrictDenison ISD
Special NotesPhase I Complete, Survey Available
Standard StatusActive
StatusActive
Subdivision NameT B Gates Surv Abs #479
Unexempt Taxes36
UtilitiesAsphalt
Virtual Tour URL UnbrandedClick here
Will SubdivideYes
Zoning DescriptionSF1
current useAgricultural
Exterior for 5051 loy lake road Terrell Road
FencingBarbed Wire
Frontage Feet3000
Lot FeaturesAcreage
Lot Size10 to < 50 Acres
Lot Size Acres40.0000
Lot Size Area40.0000
Lot Size Dimensions1012x1960x1768x924
Lot Size SourcePublic Records
Lot Size Square Feet1742400.0000
Lot Size UnitsAcres
Road Frontage TypeCity Street
Road Surface TypeAsphalt
VegetationGrassed, Partially Wooded
WaterfrontNo
Additional Details
Price History
