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.
Sold on 07/18/24
Price Unknown
592 Luella Rd, Sherman, TX 75090
--beds
--baths
29Acres
Unimproved Land
Built in 1961
29 Acres Lot
$2,156,400 Zestimate®
$--/sqft
$1,588 Estimated rent
Home value
$2,156,400
$1.49M - $2.95M
$1,588/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 30, 2024 at 12:56pm
Listed by:
Chad Dannheim 0594846 817-993-9448,
Rockin H Realty 817-993-9448
Bought with:
Thomas Ricci
Coldwell Banker Apex, REALTORS
Source: NTREIS,MLS#: 20552003
Facts & features
Property
Features
- Fencing: None
- Waterfront features: Creek
Lot
- Size: 29 Acres
- Features: Acreage, Corner Lot, Few Trees
- Residential vegetation: Cleared
Details
- Additional structures: None
- Parcel number: 125538
- Zoning description: City Water and City Sewer, However this property is county piece of land. NO ZONING REQUIRED!! Developers Dream Scenario
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & neighborhood
Location
- Region: Sherman
- Subdivision: W Bailey Surv Abs #064
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,Other
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2024 | Sold | -- |
Source: NTREIS #20552003 | ||
| 3/5/2024 | Listed for sale | $5,500,000 |
Source: NTREIS #20552003 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $2,390,788 -21.1% |
| 2024 | $4,154 +24.9% | $3,031,996 +0.8% |
| 2023 | $3,324 | $3,007,913 +104.9% |
Find assessor info on the county website
Neighborhood: 75090
Nearby schools
GreatSchools rating
- 3/10Dillingham Elementary SchoolGrades: PK-5Distance: 5.9 mi
- 3/10Sherman MiddleGrades: 6-8Distance: 3.7 mi
- 4/10Sherman High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Dillingham
- Middle: Sherman
- High: Sherman
- District: Sherman ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.