Land for Sale in Sherman, Texas
5051 Loy Lake Road Terrell Rd, Sherman, TX 75090
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.
Location
- Street address
- 5051 Loy Lake Road Terrell Rd
- County
- Grayson County
- Community
- T B Gates Surv Abs #479
- Elevation
- 804 feet
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.
Property details
- Acreage
- 40 acres
- MLS #
- NTREIS 20252884
- Posted
Parcels
- 259492
Legal description
G-0479 GATES T B A-G0479, ACRES 40.0
Resources
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
Exterior
- Fencing
- Fenced
- Features
- Fence
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 7, 2023 | New listing | $5,200,000 | — | NTREIS |