7158 Luella Rd

Sherman, TX 75090

$1,700,000
Price
865,667 / 19.87
Lot Size / Acres
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front view of a house with a yard
a view of outdoor space with a backyard
a front view of a house with yard and green space
a kitchen with lots of counter top space
a kitchen with stainless steel appliances granite countertop a refrigerator a stove top oven and sink
a kitchen with stainless steel appliances granite countertop a sink a stove counter space and cabinets
a living room with furniture and a flat screen tv
a living room with furniture a fireplace and a flat screen tv
a living room with furniture and a large window
a bedroom with a bed dresser and window
a bedroom with a bed and a window
a bathroom with a sink vanity and mirror
a bedroom with a bed and a window
a bedroom with a bed and wooden floor
a bedroom with a bed and a dresser
a bedroom with a bed and a chandelier
a view of a dining room with furniture and wooden floor
a view of a dining room with furniture and window
a bathroom with a double vanity sink and a mirror
a bathroom with a bathtub and shower
a bedroom with a bed and a chandelier
a bathroom with a sink and a toilet
a utility room with dryer and washer
a view of a hallway with wooden floor and staircase
a view of a chairs and tables in patio
a view of swimming pool with seating area
a view of roof deck with patio
a view of a backyard
a view of storage and utility room
a view of a lake with a city view
a view of an ocean
a view of an ocean beach
a view of a lake view
a view of a lake view
a view of ocean view
a view of an ocean and beach
a view of an ocean and beach
a view of an ocean beach

Description

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...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.
  1. Listed by Krishna Madhireddy • TREC #0698555 • Krishna Madhireddy, Broker

Property Details for 7158 Luella Road

Subdivision Name
G-0430 FITCH BEN F A-G0430, ACRES 10.0
Architectural Style
Traditional
Structural Style
Farm/Ranch House, Single Detached
Pool
Yes
Garage Spaces
2
LISTING UPDATED: 05/27/2026 08:32 PM

Property Details for 7158 Luella Road

StatusActive
MLS #21280668
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeFarm/Ranch
Year Built2008
Lot Size19.87 AC
CountyGrayson County
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Location

Listing Courtesy of Krishna Madhireddy, Broker, Krishna Madhireddy
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Building Information for 7158 Luella Road

Lot Size19.87 AC

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$8,903 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,471

Property Taxes

$432

HOA Dues

$0

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Property Information for 7158 Luella Road

Summary
Location and General Information
  • Directions: Use GPS
  • Elementary School: Tom Bean
  • Elementary School Name: Tom Bean
  • High School: Tom Bean
  • High School Name: Tom Bean
  • Middle School: Tom Bean
  • Number Of Residences: 1
  • Year Built Details: Preowned
  • School District: Tom Bean ISD
  • Geocode Confidence: High
  • Latitude: 33.52
  • Longitude: -96.55
  • State: Texas
Parking
  • Parking Features: Carport
  • Carport Spaces: 2
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 2
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: G-0430 FITCH BEN F A-G0430, ACRES 19.873
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Gas Logs, Insert
  • Fireplaces Total: 1
  • Flooring: Carpet, Ceramic Tile
  • Heating: Central, Electric
  • Interior Features: Decorative Lighting, High Speed Internet Available
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Appliances: Dishwasher, Disposal, Electric Range
  • Basement: No
  • Cooling: Ceiling Fan(s), Electric
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Living Area: 2424.0
  • Smart Home Features Appor Pass Y: No
  • Room and Floor: Bath-Half-1-1, Bath-Full-1-1, Bath-Full-1-2, Kitchen-1-1, Utility Room-1-1, Dining Room-1-1, Living Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Bedroom-1-2, Bedroom-1-3
Exterior Features
  • Construction Materials: Brick, Rock/Stone
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Number Of Separate Water Meters: 1
  • Pool Features: Above Ground
  • Roof: Composition
  • Waterfront: No
  • Room and Features: Bath-Half-1-1, Bath-Full-1-1, Bath-Full-1-2, Kitchen-1-1, Utility Room-1-1, Dining Room-1-1, Living Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Bedroom-1-2, Bedroom-1-3
  • Room List: Bath-Half, Bath-Full, Kitchen, Utility Room, Dining Room, Living Room, Bedroom-Primary, Master Bedroom, Bedroom
  • Patio And Porch Features: Deck
  • Levels: One
Room 1
  • Room Dimensions: 6 x 9
  • Room Length: 6.00
  • Room Level: 1
  • Room Type: Utility Room
  • Room Width: 9.00
Room 2
  • Room Dimensions: 13 x 13
  • Room Features: Walk-in Closet(s)
  • Room Length: 13.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 13.00
Room 3
  • Room Dimensions: 14 x 10
  • Room Features: Built-in Cabinets, Ensuite Bath, Jetted Tub, Separate Shower
  • Room Length: 14.00
  • Room Level: 1
  • Room Type: Bath-Full
  • Room Width: 10.00
Room 4
  • Room Dimensions: 13 x 13
  • Room Features: Walk-in Closet(s)
  • Room Length: 13.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 13.00
Room 5
  • Room Dimensions: 13 x 12
  • Room Length: 13.00
  • Room Level: 1
  • Room Type: Dining Room
  • Room Width: 12.00
Room 6
  • Room Dimensions: 18 x 25
  • Room Length: 18.00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: 25.00
Room 7
  • Room Dimensions: 6 x 4
  • Room Length: 6.00
  • Room Level: 1
  • Room Type: Bath-Half
  • Room Width: 4.00
Room 8
  • Room Dimensions: 8 x 7
  • Room Features: Built-in Cabinets, Dual Sinks, Jack & Jill Bath
  • Room Length: 8.00
  • Room Level: 1
  • Room Type: Bath-Full
  • Room Width: 7.00
Room 9
  • Room Dimensions: 15 x 18
  • Room Length: 15.00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: 18.00
Room 10
  • Room Dimensions: 12 x 13
  • Room Features: Walk-in Closet(s)
  • Room Length: 12.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 13.00
Room 11
  • Room Dimensions: 22 x 13
  • Room Features: Built-in Cabinets, Kitchen Island, Pantry, Walk-in Pantry
  • Room Length: 22.00
  • Room Level: 1
  • Room Type: Kitchen
  • Room Width: 13.00
Property
Utilities
  • Utilities: Aerobic Septic, Asphalt, Co-op Electric, Individual Water Meter, Outside City Limits, Private Sewer, Rural Water District, Septic, Sewer Available, Underground Utilities
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Concessions YN: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
  • Surface Rights: Other
Lot Information
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 19.873
  • Lot Size Area: 19.873
  • Lot Size Units: Acres
  • Lot Size Square Feet: 865667.88
  • Multi Parcel ID: No
  • Parcel Number: 129226
  • Current Use: Agricultural, Cattle, Grazing, Horses, Livestock, Single Family
  • Property Attached: No
Farm Information
  • Number Of Barns: 1

Property History for 7158 Luella Road

DateEvent & SourcePriceAppreciation
May 25, 2026

Listed (Active)

NTREIS #21280668

$1,700,000—
Mar 16, 2022

Sold

NTREIS #14705834

—
Jan 29, 2022

Pending

NTREIS #14705834

—
DateEvent & SourcePrice
05/25/2026

Listed (Active)

NTREIS #21280668

$1,700,000
03/16/2022

Sold

NTREIS #14705834

—
01/29/2022

Pending

NTREIS #14705834

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7158 Luella Road

Taxable ValueLand$36,045Additions$374,729Total$410,774
Tax Record2024$5,187 ($432 / month)
Home Facts
Beds0Total Finished SqFt2,424 SqFtAbove Grade Finished SqFt2,424 SqFtLot Size865,668 SqFtStyleMiscellaneous ResidentialYear Built2008Year Renovated2013CountyGRAYSONAPN229 043002502

Schools near 7158 Luella Road

This home is within Tom Bean Independent School District.
Rating
School
Type
Grades
Distance
Tom Bean Elementary School
Public - PK to 5
Tom Bean Middle School
Public - 6 to 8
Tom Bean High School
Public - 9 to 12
Rating
School
Distance
Tom Bean Elementary School
PublicPK to 5

Tom Bean Middle School
Public6 to 8

Tom Bean High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7158 Luella Road, Sherman, TX 75090

7158 Luella Road is a 19.87 ac of land for sale in Sherman, TX 75090. This property was listed for sale on May 25, 2026 by Krishna Madhireddy, Broker, it's currently listed at $1,700,000. It has been on the market for a total of 17 days and was last sold on March 16, 2022. This listing's school district is Tom Bean Independent School District. Nearby schools include Tom Bean Elementary School, Tom Bean Middle School and Tom Bean High School. 7158 Luella Road is a 4-bed, 3-bath, 2,424 sqft 19.87 ac of land built in 2008 on a 865,667 sq. ft. / 19.87 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Krishna Madhireddy, Broker, Krishna Madhireddy

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 05/27/2026 08:32 PM