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Land with Home for Sale in Sherman, Texas

7158 Luella Rd, Sherman, TX 75090

$1,700,000
19.9 acres
Active sale
ago
Est $9,918/mo

Luxury ranch estate on nearly 20 cross-fenced acres in the rapidly growing Sherman market, just minutes from Highway 75, downtown Sherman, and the expanding Texas Instruments development corridor. This custom-built 4-bedroom, 2.5-bath brick home offers approximately 2,424 SF of thoughtfully designed living space featuring open-concept living, custom hickory and pecan cabinetry, cedar trim, historic tin accents, formal dining, spacious kitchen island, fireplace, and panoramic sunset views.

Designed for both lifestyle and functionality, the property includes a large deck, above-ground pool, fire pit, covered parking, and beautifully maintained grounds. The impressive 60x64 barn is fully equipped with electricity, water, wash rack, feed area, holding pens, riding arena, and fenced pastures, making it ideal for equestrian, cattle, agricultural, or recreational use. The flat, usable land with no water bodies offers exceptional flexibility and is ready to build, expand, or create the ranch estate, event venue, additional structures, or investment project you envision. AG exemption status offers additional long-term value and potential tax advantages.

Currently leased and generating rental income, this turnkey property presents multiple opportunities for investors, ranch operators, or buyers seeking a luxury rural retreat with income potential. The continued economic growth in North Texas and proximity to major employers position this property for strong long-term appreciation and future development upside.

Additional highlights include high-speed internet, updated HVAC, and tankless water heater. Whether utilized as an executive rental, equestrian ranch, private retreat, or long-term land investment, this is a rare opportunity to own a cash-flowing luxury ranch in one of North Texas’ fastest-growing regions.

2,424
Sq feet
4
Beds
2
Full baths
1
1/2 bath
2008
Built

Location

Street address
7158 Luella Rd
Community
G-0430 Fitch Ben F A-G0430, Acres 10.0
Elevation
816 feet
Coordinates
33.5209, -96.5457

Property details

Acreage
19.873 acres
MLS #
NTREIS 21280668
Posted

Parcels

  • 129226

Legal description

Resources

Details and features

Listing

Type
Residential
Subtype
Farm

Exterior

Parking
Carport

Structure

Style
New Traditional
Stories
1
Heating
Central, Electric, Fireplace(s)
Cooling
Ceiling Fan(s)
Materials
Brick, Stone
Roof
Composition

Interior

Rooms
Bathroom x 3, Bedroom x 4
Flooring
Carpet, Tile, Tile-Ceramic
Fireplaces
Yes
Appliances
Dishwasher, Garbage Disposer, Range, Washer
Features
Decorative Lighting, High Speed Internet Available

Nearby schools

NameType
Tom BeanElementary

Listing history

DateEventPriceChangeSource
May 26, 2026New listing$1,700,000NTREIS
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This 19.873-acre property is located at 7158 Luella Rd in Sherman, TX 75090. The property is available for sale for $1,700,000. It has a 2,424 sq ft 4 bedroom, 2 bath house built in 2008.

Listed by Krishna Madhireddy, Broker, (708) 288-2337

Checked 1 hour agoUpdated Source

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