$5,200,000
40± Acres
Active
Grayson County, TX

5051 loy lake road Terrell, Sherman, Texas

MLS ID: 20252884
Status: Active
Price: $5,200,000
Acres: 40±
Type: Unimproved, Land
Address: 5051 loy lake road Terrell
City, State: Sherman, TX
County: Grayson County
ZIP Code: 75090
Parcel Number: 259492

Description

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.

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.

Additional Information

Exterior

Fencing: Barbed Wire
Lot Features: Acreage, City Lot
Lot Size Area: 40
Lot Size Dimensions: 1012x1960x1768x924
Lot Size Source: Public Records
Lot Size Square Feet: 1,742,400
Road Frontage Type: City Street
Road Surface Type: Asphalt

Financial/HOA/Schools

Elementary School District: Denison ISD
Middle School: Henry Scott
Middle School District: Denison ISD
High School: Denison
High School District: Denison ISD
Subdivision Name: T B Gates Surv Abs #479
Tax Annual Amount: 36
Zoning Description: SF1
Karen Lenz

Karen Lenz

Cross Plains, Texas

(325) 668-3604

Interested? Contact Us Today About This Listing

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 13, 2024 at 12:00:00 AM UTC

Listed By: Jaya Bathina of Beam Real Estate, Llc