TX > Sherman > T B Gates Surv Abs #479
Sherman, TX 75090,5051 loy lake road Terrell Road
Sherman, TX 75090,5051 loy lake road Terrell Road
Sherman, TX 75090,5051 loy lake road Terrell Road
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$5,200,000
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40 Acres Lot
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5051 loy lake road Terrell Road Sherman, TX 75090

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Patricia Ann Young

Patricia Ann Young

+1(972) 795-4260

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision T B Gates Surv Abs #479

MLS Listing ID 20252884

HOA Y/N None

Annual Tax Amount $36

Lot Size 40.000 Acres

Acres 40.0

Lot Dimensions 1012x1960x1768x924

Property Sub-Type Unimproved Land

Property 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.

Location

State TX

County Grayson

Zoning SF1

Direction 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.

Exterior

Fence Barbed Wire

Utilities Available Asphalt

Street Surface Asphalt

Lot Frontage 3000.0

Garage No

Building

Lot Description Acreage

Schools

Middle Schools Henry Scott

High Schools Denison

School District Denison Isd

Others

Restrictions No Restrictions

Ownership Arnica Land Holdings

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Phase I Complete, Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20252884

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
©2025 North Texas Real Estate Information Systems.
Listed by Jaya Bathina • Beam Real Estate, LLC

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agent

Patricia Ann Young

Agent | License ID: 0555284

+1(972) 795-4260

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5051 loy lake road Terrell Road

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