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$779,990

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 3 Full Baths
  • 1 Partial Bath
  • 1.357 Acres
  • 3 Car Garage
  • Updated 2 days ago

Next open house:

Open House: 2:00 PM - 4:00 PM

Sunday 1/18 2:00 PM - 4:00 PM

40 Luther Lane,Sherman, TX 75090

40 Luther LaneShermanTX75090

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BROKER OPEN AND LUNCH FRIDAY NOVEMBER 7TH FROM 11-1 Don't miss this wonderful opportunity to own a newly constructed home on a 1.35-acre lot, featuring a beautiful tree line along the south property boundary. This stunning 3243 sq ft residence includes 4 bedrooms, 3.5 bathrooms, plus an office, and a game room. The front elevation showcases a charming country French design with stunning double steel front doors complemented by metal awnings. The light brick with dark cedar trim is a beautiful combination. Inside the home, the front entry has X-shaped beams in the tray ceiling. The office boasts a chevron-patterned tray ceiling. The home features 5-inch plank wood flooring throughout all of the living areas, including the kitchen, study, hallways, and the primary bedroom. The main family room boasts a vaulted ceiling, a beautiful fireplace with shiplap to the ceiling, large inoperable picture windows. The family room is open to the spacious kitchen and dining area. The kitchen is equipped with 42-inch cabinets, a large quartz island, a custom hood, and plenty of counter space. All of the counter tops in the house are quartz. The Primary Bedroom is separate from the secondary bedrooms. The luxurious ensuite bath has a huge walk through shower with double shower heads and floor to ceiling tiles. It also includes a 67 in free standing tub, dual vanities and ample closets Additionally, the property includes two oversized garages with full walk up attic stairs. This energy-efficient home is situated just outside city limits, offering a rural feel while still providing convenience to urban amenities. Easy access to US 75 and the new TI and chip plant in Sherman. Check out our feature sheet for more details about the house. Scheduled completion late September. Updated pictures will be available as construction progresses. William Taylor Custom Homes has a stellar reputation for building quality custom homes in Grayson County.

Full Property Details for 40 Luther Ln

General

  • Price: $779,990
  • HOA FEE: $8/month
  • HOA FEE FREQ.: Annually
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21007806
  • Updated: 1/14/2026
  • Added to Site: 173 day(s) ago

Interior

  • Interior Features: Decorative/Designer Lighting Fixtures, Double Vanity, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room, Masonry, Wood Burning
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
  • Flooring: Carpet, Ceramic Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Lighting, Rain Gutters
  • Porch/Patio/Deck: Covered

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Covered Spaces: 3
  • Parking Features: Door-Multi, Door-Single, Garage, Garage Door Opener, Inside Entrance, Kitchen Level, Oversized, Garage Faces Side

Location

  • County: Grayson
  • Subdivision: Ladd Estates
  • Driving Directions: See GPS

School Information

  • Elem School District: Sherman ISD
  • Midd School District: Sherman ISD
  • High School District: Sherman ISD
  • Elementary School: Crutchfield
  • Middle School: Piner
  • High School: Sherman

Community

  • Association: Yes
  • Assoc. Name: William Taylor Custom Homes
  • Assoc. Fees Include: Association Management

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Heating Type: Central, Electric, ENERGY STAR Qualified Equipment, Fireplace(s), Zoned

Utilities

  • Sewer: Aerobic Septic
  • Water: Community/Coop, Rural
  • Cable Available: Yes
  • Utility Description: Electricity Available, None, Septic Available, Separate Meters, Underground Utilities, Water Available, Cable Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: Traditional, Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Board & Batten Siding, Brick, Stone Veneer
  • Roof: Composition
  • Windows: Window Coverings
  • Stories/Levels: 1
  • Living Area: 3,243 Sq. Ft.
  • Year Built: 2025

Lot Features

  • Lot Size (Acres): 1.357
  • Lot Size (Sq. Ft.): 59,110.92
  • Lot Size Source: Builder
  • Lot Features: Acreage, Back Yard, Lawn, Landscaped, Sprinkler System, Few Trees
  • Fencing (Description): None

Green Features

  • Energy Efficient: Appliances, Insulation

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Association Fee: $100
  • Assoc Fee Freq.: Annually
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Documents Avail.: Survey
  • Legal Description: LADD ESTATES II, LOT 9, ACRES 1.399
  • Disclosures/Rstr.: Deed Restriction
  • Property ID: 40

Listed by Paragon, Realtors, Debra Pettit

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Listing agent

— 40 Luther Ln —

  • Debra Pettit

    Paragon, Realtors

214-515-9888

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 40 Luther Ln

School District:Sherman Independent School District
NameGradesDistance
Dillingham Elementary School
1701 Gallagher Drive, Sherman, TX 75090
K-54.8 mi
Sherman Middle
2201 East Lamar Street, Sherman, TX 75090
6-82.5 mi
Sherman High School
2907 West Travis Street, Sherman, TX 75092
9-123.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40 Luther Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/03/2025
Price Reduced
$779,990
-3.23%
MLS
7/27/2025
Listed
$805,990
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40 Luther Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
—
$100,939
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Paragon, Realtors, Debra Pettit

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40 Luther Lane, Sherman, TX 75090 (MLS# 21007806) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 40 Luther Lane is currently listed for $779,990 and was received on July 27, 2025. Want to learn more about 40 Luther Lane? Do you have questions about finding other Single Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

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