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592 Luella Road, Sherman, TX 75090
$5,500,000
592 Luella Road, Sherman, TX 75090View this property at 592 Luella Road, Sherman, TX 75090
592 Luella RoadShermanTX75090
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Property Description
1500 feet from the Billion Dollar Bel Air Lagoon Development!! County property with City Utilities (water and Sewer). located in the hot market of Sherman Texas. This property sits in the middle of major upcoming development with Lennar building next door (400 plus single family units), Multi Family coming across the street in both directions. This property is a great opportunity for either Multi Family (300 plus units) or Mini Storage facility. Again, No City oversight yet the property has City water and City Sewer. Purchase would include all 29 acres. Agent is co-owner of the property.
Full Property Details
Full Property Details for 592 Luella Rd
General
- Price: $5,500,000
- Taxes: $3,691
- Status: Active
- Type: Lots/Land
- MLS ID: 20552003
- Updated: 3/5/2024
- Added to Site: 56 day(s) ago
Location
- County: Grayson
- Subdivision: W Bailey Surv Abs #064
- Driving Directions: 75 north exit 1417 go east about 1 minute turn right on Luella, southeast corner of Luella and Cliff Hestand Road
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Dillingham
- Middle School: Sherman
- High School: Sherman
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Unimproved
- Year Built: 1961
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 29
- Lot Size (Sq. Ft.): 1,263,240
- Frontage: City Street, Asphalt
- Lot Features: Acreage, Corner Lot, Few Trees
- Development Status: Other
- Potential Use: Development, Multi-Family, Mixed Use, Other, Residential, Single Family, Subdevelopment
- Trees/Vegetation: Cleared
- Zoning: City Water and City Sewer, However this property is county piece of land. NO ZONING REQUIRED!! Developers Dream Scenario
- Fencing (Description): None
Water Features
- Water Front: Yes
- Water Front Desc.: Creek
Financial Considerations
- Tax Amount: $3,691
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial, Other, Plat, Survey, Topographical Survey
- Legal Description: G-0329 DUNMAN SHEROD A-G0329, ACRES 128.172
- Property ID: 125538
Listed by Rockin H Realty, Chad Dannheim
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Schools
Schools serving 592 Luella Rd
School District:Sherman Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
120 Binkley Park Dr, Sherman, TX 75092 | PK-4 | 3.8 mi | |
Dillingham Intermediate School
1701 Gallagher Dr, Sherman, TX 75090 | 5-6 | 5.8 mi | |
402 W Pecan St, Sherman, TX 75090 | 7-8 | 3.6 mi | |
2201 E Lamar St, Sherman, TX 75090 | 9-12 | 3.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 592 Luella Rd
Date
Details
Price
Change
Source
3/04/2024
Listed
$5,500,000
—
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 592 Luella Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$3,109
—
$196,564
19%
2022
$3,109
55%
$165,587
61%
2021
$2,010
-12%
$103,018
-9%
2020
$2,293
12%
$113,369
25%
2018
$2,054
13%
$90,347
4%
2017
$1,821
20%
$87,235
21%
2016
$1,516
-22%
$72,132
-21%
2015
$1,941
-18%
$91,612
-17%
2019
$2,360
49%
$110,254
47%
2013
$1,587
—
$74,987
—
2013
$1,587
—
$74,885
—
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 592 Luella Rd
592 Luella Road, Sherman, TX 75090 (MLS# 20552003) is a Lots/Land property with a lot size of 29 acres. 592 Luella Road is currently listed for $5,500,000 and was received on March 04, 2024. Want to learn more about 592 Luella 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.