Improved Residential Land for Sale in Sherman, Texas

Rare acreage and renovation opportunity in Sherman, Texas. Situated on approximately 3.21 acres with direct frontage on Luella Road, this distinctive two-story 1930 structure offers soaring ceilings, substantial interior space, and a flexible layout ready for a new vision. The upper level features a large open room with impressive ceiling height, while the lower level has served as workspace and storage, offering inspiration for a truly personalized transformation. A metal four-car garage, separate four-car carport, and three-phase power add exceptional appeal for buyers with vehicles, equipment, hobbies, or workshop needs. The acreage provides room to spread out and enjoy a country setting with convenient access to Sherman, Tom Bean, Howe, and the expanding US-75 employment corridor. Whether you're a hands-on buyer envisioning a distinctive home, a preservation enthusiast drawn to its history, or an investor seeking your next project, this property offers the space and character to bring your ideas to life.