5051 loy lake road Terrell, Sherman, Texas

$5,200,000

Active

5051 loy lake road Terrell, Sherman, Texas

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Property Details

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

Lat/Long: 33.63566, -96.60888

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.

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Robert Bong

Capitol Ranch Real Estate, LLC

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Robert Bong

Capitol Ranch Real Estate, LLC

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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: December 4, 2024 at 12:00:00 AM UTC

Listed By: Jaya Bathina of Beam Real Estate, Llc