$5,200,000

40± Acres

Active

Grayson County, TX

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5051 loy lake road Terrell, Sherman, Texas

MLS ID: 20252884

Status: Active

Price: $5,200,000

Acres: 40±

Type: Unimproved, Land

Address: 5051 loy lake road Terrell

City, State: Sherman, TX

County: Grayson County

ZIP Code: 75090

Lat/Long: 33.63566, -96.60888

Parcel Number: 259492

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.

Directions: 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.

Additional Information

Exterior

Fencing: Barbed Wire

Lot Features: Acreage, City Lot

Lot Size Area: 40

Lot Size Dimensions: 1012x1960x1768x924

Lot Size Source: Public Records

Lot Size Square Feet: 1,742,400

Road Frontage Type: City Street

Road Surface Type: Asphalt

Financial/HOA/Schools

Elementary School District: Denison ISD

Middle School: Henry Scott

Middle School District: Denison ISD

High School: Denison

High School District: Denison ISD

Subdivision Name: T B Gates Surv Abs #479

Tax Annual Amount: 36

Zoning Description: SF1

Extra Information

Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20252884

Maps

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Everette Newland

Denton, Texas

(940) 390-3410

Interested? Contact Us Today About This Listing

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of July 27, 2024 at 12:00:00 AM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: July 27, 2024 at 12:00:00 AM UTC

Listed By: Jaya Bathina of Beam Real Estate, Llc