$5,500,000
29± Acres
Active
Grayson County, TX

592 Luella, Sherman, Texas

MLS ID: 20552003
Status: Active
Price: $5,500,000
Acres: 29±
Type: Unimproved, Land
Address: 592 Luella
City, State: Sherman, TX
County: Grayson County
ZIP Code: 75090
Parcel Number: 125538
Year Built: 1961

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 and City Sewer. Purchase would include all 29 acres. Agent is co-owner of the property.

Directions: 75 north exit 1417 go east about 1 minute turn right on Luella, southeast corner of Luella and Cliff Hestand Road

Additional Information

Exterior

Lot Features: Acreage, Corner Lot, Few Trees
Lot Size Area: 29
Lot Size Square Feet: 1,263,240
Road Frontage Type: City Street
Road Surface Type: Asphalt
Water Source: Public
Waterfront: Yes
Waterfront Features: Creek

Financial/HOA/Schools

Elementary School: Dillingham
Elementary School District: Sherman ISD
Middle School: Sherman
Middle School District: Sherman ISD
High School: Sherman
High School District: Sherman ISD
Subdivision Name: W Bailey Surv Abs #064
Tax Annual Amount: 3691
Zoning Description: City Water and City Sewer, However this property is county piece of land. NO ZONING REQUIRED!! Developers Dream Scenario

Extra Information

Documents Available: Aerial, Other, Plat, Survey, Topographical Survey
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: April 19, 2024 at 12:00:00 AM UTC

Listed By: Chad Dannheim of Rockin H Realty