592 Luella Rd, Sherman, TX, TX 75090

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Sold Price
$?
List Price
$5,500,000
Closing Date
Jul 18, 2024
MLS#
20552003
Status
CLOSED
Type
Land
Subtype
Land
Year Built
1961
Acres
29
County
Grayson
City
Sherman
Subdivision
W Bailey Surv Abs #064

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.

Additional Information

Unexempt Taxes
$3,691
Lot Size
1,263,240
Acres
29
Lot Description
Corner Lot, Few Trees
School District
Sherman Isd
Elementary School
Dillingham
Middle School
Sherman
High School
Sherman
Possession
Negotiable
Proposed Use
Development, Multi-Family, Mixed Use, Other, Residential, Single Family, Development

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Calculator source: Real Geeks

Listing courtesy of Chad Dannheim from Rockin H Realty. Contact: 817-993-9448

Selling Office: Coldwell Banker Apex, REALTORS.

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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