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$895,000 -$30,000 (-3.24%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 15.95 Acres
  • 2 Car Garage
  • Updated 6 days ago
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Welcome to wide open possibility at 4874 Luella Rd in Sherman, where 15.95 acres unfold into your own private North Texas retreat. This 3 bedroom, 2 full bath home offers 2,234 square feet of comfortable living space designed for both everyday ease and relaxed entertaining. Spacious living areas create a warm, inviting atmosphere, while the kitchen provides ample cabinetry and workspace for everything from weeknight dinners to holiday gatherings. The primary suite serves as a peaceful escape, and the secondary bedrooms are generously sized for family, guests, or a dedicated home office. Step outside and the possibilities expand. Nearly 16 acres of rolling land offer room for livestock, recreation, gardening, or simply enjoying the quiet rhythm of country living. A barn and separate workshop provide exceptional flexibility for hobbies, storage, equipment, or small business needs. A scenic creek meanders through the property, adding natural beauty and a sense of calm that is hard to replicate. Tucked among the trees, a charming treehouse creates a truly special feature. It can serve as a private evening getaway for the owners or offer income producing potential through short term rental platforms such as Airbnb. Adding to the experience, a hot tub invites you to unwind under the Texas sky, whether for personal relaxation or to elevate the guest retreat experience. If you are looking for acreage, functionality, and unique character all in one property, this one delivers space to live, room to grow, and features that make it unforgettable.

Full Property Details for 4874 Luella Rd

General

  • Price: $895,000
  • Taxes: $5,835
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21185054
  • Updated: 4/6/2026
  • Added to Site: 52 day(s) ago

Interior

  • Interior Features: Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Masonry, Wood Burning
  • Appliances: Dishwasher, Electric Oven, Disposal, Microwave
  • Flooring: Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Pool: Yes
  • Pool Description: Above Ground, Pool

Exterior

  • Porch/Patio/Deck: Covered

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Garage, 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

  • Property Detached: Yes
  • Architectural Style: Ranch, Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Brick
  • Roof: Metal
  • Stories/Levels: 1
  • Living Area: 2,234 Sq. Ft.
  • 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
  • Fencing (Description): Cross Fenced

Horse Property

  • Horse Facility Desc.: Barn

Water Features

  • Water Front: Yes
  • Water Front Desc.: Creek

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $5,835
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: G-1300 WILLIAMSON R M A-G1300, ACRES 15.95
  • Property ID: 129158

Listed by Monument Realty, Janelle Law

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Listing agent

— 4874 Luella Rd —

  • Janelle Law

    Monument Realty

214-641-4382

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 4874 Luella Rd

School District:Tom Bean Independent School District
NameGradesDistance
Tom Bean Elementary School
105 Eubanks Street, Tom Bean, TX 75489
PK-54.7 mi
Tom Bean Middle School
289 Franklin Rd, Tom Bean, TX 75489
6-83.5 mi
Tom Bean High School
7719 Texas 11, Tom Bean, TX 75489
9-123.5 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/06/2026
Price Reduced
$895,000
-3.24%
MLS
2/19/2026
Listed
$925,000
—
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 4874 Luella 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
—
View All
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 for 4874 Luella Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Monument Realty, Janelle Law

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4874 Luella Road, Sherman, TX 75090 (MLS# 21185054) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4874 Luella Road is currently listed for $895,000 and was received on February 19, 2026. Want to learn more about 4874 Luella Road? 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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