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$835,000
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Property Description
Welcome to 4874 Luella Road in Sherman, where 15.95 beautiful acres offer the perfect blend of recreation, country living, and future potential. Located in one of North Texas' fastest-growing areas, this versatile property is ideal for those seeking a private estate, horse property, recreational retreat, or investment opportunity. The gently rolling acreage features a scenic creek, pond, mature trees, open pasture, and plenty of room for horses, livestock, gardening, or additional improvements. Existing infrastructure includes a barn, workshop, RV and boat parking, and a 3-bedroom, 2-bath residence providing immediate livability while you enjoy or further develop the property. One of the property's most unique features is a charming treehouse tucked among the trees overlooking the creek. Previously featured on Hipcamp, this one-of-a-kind retreat has served as an income-producing asset and offers continued short-term rental potential or a private guest getaway. Whether you're looking to build a family compound, establish a hobby farm, create an equestrian property, or simply enjoy the privacy and beauty of nearly 16 acres, this property offers endless possibilities with the convenience of being just minutes from Sherman, Howe, and US Highway 75.
Full Property Details
Full Property Details for 4874 Luella Rd Rd
General
- Price: $835,000
- Taxes: $5,835
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21324238
- Updated: 7/9/2026
- Added to Site: 12 day(s) ago
Exterior
- Porch/Patio/Deck: Covered
Parking
- Parking Features: Boat, RV Access/Parking
Location
- County: Grayson
- Subdivision: R M Williamson Surv Abs 1300
- Driving Directions: East of FM 902 out of Howe. Proceed approx 4 miles to Luella Rd. Turn left going North approx 2 miles. Property will beon the right. East of Hwy 75 between Howe and Sherman.
School Information
- Elem School District: Tom Bean ISD
- Midd School District: Tom Bean ISD
- High School District: Tom Bean ISD
- Elementary School: Tom Bean
- Middle School: Tom Bean
- High School: Tom Bean
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Single Family
- Year Built: 1985
Additional Structures
- Other Structures: Workshop, Barn(s)
Lot Features
- Lot Size (Acres): 15.95
- Lot Size (Sq. Ft.): 694,782
- Lot Features: Acreage, Irregular Lot, Rolling Slope
- Potential Use: Agricultural, Cattle, Horses
- Zoning: See private remarks.
- Fencing (Description): Cross Fenced
Horse Property
- Horse Facility Desc.: Barn
Water Features
- Water Front: Yes
- Water Front Desc.: Creek
Financial Considerations
- Tax Amount: $5,835
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Survey
- Legal Description: G-1300 WILLIAMSON R M A-G1300, ACRES 15.95
- Property ID: 129158
Listed by Fathom Realty, Janelle Law
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Schools
Schools serving 4874 Luella Rd Rd
School District:Tom Bean Independent School District
| Name | Grades | Distance |
|---|---|---|
Tom Bean Elementary School 105 Eubanks Street, Tom Bean, TX 75489 | PK-5 | 4.7 mi |
Tom Bean Middle School 289 Franklin Rd, Tom Bean, TX 75489 | 6-8 | 3.5 mi |
Tom Bean High School 7719 Texas 11, Tom Bean, TX 75489 | 9-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4874 Luella Rd Rd
Date
Details
Price
Change
Source
7/09/2026
Listed
$835,000
—
MLS
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
Tax History for 4874 Luella Rd Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,329
10%
$423,228
6%
2023
$3,930
-11%
$397,795
4%
2022
$4,421
—
$382,824
5%
2022
$4,421
2%
$364,496
25%
2021
$4,341
61%
$291,435
—
2020
$2,697
-15%
$291,673
73%
2019
$3,176
2%
$168,801
4%
2018
$3,118
2%
$162,858
3%
2017
$3,050
10%
$157,453
11%
2016
$2,764
-1%
$141,642
—
2015
$2,789
-15%
$141,642
-14%
2013
$3,297
—
$164,228
-3%
2013
$3,297
—
$169,183
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4874 Luella Rd Rd
4874 Luella Rd Road, Sherman, TX 75090 (MLS# 21324238) is a Lots/Land property with a lot size of 15.95 acres. 4874 Luella Rd Road is currently listed for $835,000 and was received on July 09, 2026. Want to learn more about 4874 Luella Rd Road? Do you have questions about finding other Lots/Land real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

