5051 loy lake road Terrell Road Active

Sherman,TX 75090

$ 5200000

- Bed

- Bath

- SqFt


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

Annual Tax Amount $36

Lot Size 40.000 Acres

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

Exterior

Fence Barbed Wire

Utilities Available Asphalt

Building

Lot Description Acreage

Schools

Middle Schools Henry Scott

High Schools Denison

School District Denison Isd

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition Phase I Complete,Survey Available

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