$1,250,000
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39.92AC Luella Road Sherman, TX 75090
39.94 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision G-0064 Bailey Winifred A-G0064
MLS Listing ID 20001673
Sold Date 03/12/24
HOA Y/N None
Annual Tax Amount $124
Lot Size 39.940 Acres
Acres 39.94
Property Description
PRIME LAND OPPORTUNITY IN BOOMING AREA - YOUR GATEWAY TO THRIVING GROWTH! This parcel of land is located near Highway 75 and the tech corridor, including well-known companies like Texas Instruments, Globitech, Coherent. Additionally, it lies just 2 miles from Bel Air Village and it's new phase of construction: the Bel Air Beach Club; the proximity to all this offers a wide range of amenities and convenient access to shopping, dining, and entertainment options. Given its prime location, this piece of land would be an excellent investment opportunity for developers looking to create new home developments in the area. The large size of the land allows for a variety of different development options, and its proximity to major highways and businesses make it an ideal spot for commuters.Overall, this property has a lot of potential for investors, and with careful planning and development, could become a highly desirable area for residents and businesses alike.
Location
State TX
County Grayson
Zoning Res
Direction From Hwy 75, Right on 1417, 1 mile down make a Right on Luella Rd, within two miles down Luella, property will be on your left. Land is between Davenport Rd and High Pointe Rd.
Exterior
Fence None
Utilities Available Asphalt, Co-op Electric, Electricity Connected, Outside City Limits, Well
Street Surface Asphalt
Lot Frontage 2350.0
Garage No
Building
Lot Description Acreage, Adjacent to Greenbelt, Agricultural, Corner Lot, Greenbelt
Schools
Elementary Schools Dillingham
Middle Schools Sherman
High Schools Sherman
School District Sherman Isd
Others
Restrictions Unknown Encumbrance(s)
Ownership Felder
Financing Cash
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©2024 North Texas Real Estate Information Systems.
Bought with PEGGY JACKSON • C-21 DEAN GILBERT, REALTORS