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    5051 loy lake road Terrell Road Sherman, TX 75090

    Active

    UPDATED:

    $ 5,200,000
    5051 loy lake road Terrell Road Sherman, TX 75090
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    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
    Sherman, TX 75090,5051 loy lake road Terrell Road
    REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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    Cathy Waters

    Cathy Waters

    cathypropertyshop@gmail.com +1(817) 371-1918
    $ 5,200,000
    Est. payment | /mo

    40 Acres Lot


    Save Virtual Tour
    $ 5,200,000
    Est. payment | /mo
    Save Virtual Tour

    40 Acres Lot

    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

    GET MORE INFORMATION

    agent
    Cathy Waters

    REALTOR® | Lic# 577366

    cathypropertyshop@gmail.com

    +1(817) 371-1918

    7357 Golfclub Dr, Worth, TX, 76179

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    5051 loy lake road Terrell Road

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    +1(817) 371-1918 cathypropertyshop@gmail.com

    7357 Golfclub Dr, Worth, TX, 76179

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