592 Luella Road

Sherman, TX 75090

$5,500,000
Price
1,263,240 / 29
Lot Size / Acres

Description

1500 feet from the Billion Dollar Bel Air Lagoon Development! County property with City Utilities (water and Sewer). located in the hot market of Sherman Texas. This property sits in the middle of major upcoming development with Lennar building next door (400 plus single family units), Multi Family coming across the street in both directions. This property is a great opportunity for either Multi Family (300 plus units) or Mini Storage facility. Again, No City oversight yet the property has City water...1500 feet from the Billion Dollar Bel Air Lagoon Development! County property with City Utilities (water and Sewer). located in the hot market of Sherman Texas. This property sits in the middle of major upcoming development with Lennar building next door (400 plus single family units), Multi Family coming across the street in both directions. This property is a great opportunity for either Multi Family (300 plus units) or Mini Storage facility. Again, No City oversight yet the property has City water and City Sewer. Purchase would include all 29 acres. Agent is co-owner of the property.
  1. Listed by Chad Dannheim • TREC #0594846 • Rockin H Realty • 817-993-9448

Property Details for 592 Luella Road

Subdivision Name
W Bailey Surv Abs #064
Zoning Description
City Water and City Sewer, However this property is county piece of land. NO ZONING REQUIRED!! Developers Dream Scenario

Location

Listing Courtesy of Rockin H Realty, Chad Dannheim
Add your commute
LISTING UPDATED: 03/05/2024 03:10 AM

Property Details for 592 Luella Road

StatusActive
MLS #20552003
Days on Market59
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built1961
Lot Size29.00 AC
CountyGrayson County

Location

Listing Courtesy of Rockin H Realty, Chad Dannheim
Add your commute

Building Information for 592 Luella Road

Lot Size29.00 AC

Payment Calculator

$30,275 per month

30 year fixed, 7.25% Interest

Principal and Interest

$30,016

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 592 Luella Road

Summary
Location and General Information
  • Directions: 75 north exit 1417 go east about 1 minute turn right on Luella, southeast corner of Luella and Cliff Hestand Road
  • Elementary School: Dillingham
  • Elementary School Name: Dillingham
  • High School: Sherman
  • High School Name: Sherman
  • Middle School: Sherman
  • School District: Sherman ISD
  • Geocode Confidence: High
  • Latitude: 33.59
  • Longitude: -96.58
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: G-0329 DUNMAN SHEROD A-G0329, ACRES 128.172
  • Association Type: None
  • Special Taxing Entities: No
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Exterior Buildings: None
Property
Utilities
  • Utilities: Alley, City Sewer, City Water
Property and Assessments
  • AG Exemption: Yes
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Other
  • Loan Type: Treat As Clear
  • Restrictions: No Mobile Home
  • Documents Available: Aerial Photo, Plat Approved, Survey, Topo Maps, Other
  • Property Match: APN
Lot Information
  • Development: Other
  • Easements: None
  • Frontage Feet: 2000
  • Lot Features: Acreage, Corner Lot, Few Trees
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 29.0
  • Lot Size Area: 29.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1263240.0
  • Multi Parcel ID: No
  • Parcel Number: 125538
  • Road Frontage: City Street
  • Soil Type: Unknown
  • Current Use: Unimproved
  • Lake Pump: No
  • Road Surface Type: Asphalt
Farm Information
  • Vegetation: Cleared

Property History for 592 Luella Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 592 Luella Road

Taxable ValueLand$51,276Additions$145,288Total$196,564
Tax Record2022$3,109 ($259 / month)
Home Facts
Beds0Total Finished SqFt2,010 SqFtAbove Grade Finished SqFt2,010 SqFtLot Size5,583,172 SqFtStyleMiscellaneous ResidentialYear Built1961CountyGRAYSONAPN185 0329022

Schools near 592 Luella Road

This home is within Sherman Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Henry W Sory Elementary School
PublicPK to 4

Dillingham Intermediate School
Public5 to 6

Piner Middle School
Public7 to 8

Sherman 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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592 Luella Road is a 29 ac of land for sale in Sherman, TX 75090. This property was listed for sale on March 4, 2024 by Rockin H Realty, it's currently listed at $5,500,000. This listing's school district is Sherman Independent School District. Nearby schools include Henry W Sory Elementary School, Dillingham Intermediate School and Piner Middle School. 592 Luella Road is a 0-bed, 0-bath, 29 ac of land built in 1961 on a 1,263,240 sq. ft. / 29 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Rockin H Realty, Chad Dannheim

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. 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 2024 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 03/05/2024 03:10 AM