Sherman, TX 75090 5051 loy lake road Terrell Road
$5,200,000
- MLS# 20252884
- 02/08/2023
Presented By: Jaya Bathina with Beam Real Estate, LLC; 214-300-8162
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
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
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 5051 loy lake road Terrell Road
Additional Parcels Y/NNo
Attached Garage No
AttributionContact214-300-8162
Carport Y/NNo
CitySherman
CountyGrayson
Current UseAgricultural
Development StatusZoned
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.
Electric On Property Y/NNo
Elementary School DistrictDenison ISD
Garage Y/NNo
HOANo
High SchoolDenison
High School DistrictDenison ISD
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionG-0479 GATES T B A-G0479, ACRES 40.0
Lot Size Square Feet1742400.0
Lot Size UnitsAcres
Middle/Junior High SchoolHenry Scott
Middle/Junior School DistrictDenison ISD
MobileHomeRemainsYNNo
ModificationTimestamp2024-09-30T18:50:55.713-00:00
New ConstructionNo
PossessionSpecifiedDate
Possible UseAgricultural, Cattle, Development, Investment, SingleFamily
Property Attached Y/NNo
Property Sub Type AdditionalUnimprovedLand
Property SubtypeUnimprovedLand
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameT B Gates Surv Abs #479
Tax Annual Amount36.0
Virtual TourClick here
Waterfront Y/NNo
Zoning DescriptionSF1
Exterior for 5051 loy lake road Terrell Road
Crops Included Y/NNo
FencingBarbedWire
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions1012x1960x1768x924
Lot FeaturesAcreage, CityLot
Lot Size Acres40.0
Lot Size Area40.0
Lot Size SourcePublicRecords
Open Parking Y/NNo
Road Frontage TypeCityStreet
Road Surface TypeAsphalt
SpaNo
VegetationGrassed, PartiallyWooded
Additional Details
Price History
Schools
High School
Denison High School
Elementary School
N/A
Middle School
Henry Scott Middle School
Suzanne Smith
Broker/Owner