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5051 Loy Lake Road Terrell Road, Sherman, Texas 75090

TX, Sherman
$5,200,000
  • 40 Acre
  • Land Property Type
  • Expired Status
Property 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.

Basic Details
  • Property Type: Land
  • Listing Type: For Sale
  • Listing ID: 20252884
  • Price: $5,200,000
  • Lot Area: 40 Acre
  • Status: Expired
  • Office Name: Beam Real Estate, LLC
  • Agent Name: Jaya Bathina
  • Property Sub Type: Unimproved Land
Features
  • Fence Barbed Wire
Address Map
  • Country US
  • State TX
  • County Grayson
  • City Sherman
  • Zipcode 75090
  • Street: Terrell
  • Street Number: 5051 loy lake road
  • Street Suffix: Road
  • 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.
Neighborhood
  • Elementary School District: Denison ISD
  • High School: Denison
  • High School District: Denison ISD
  • Middle School: Henry Scott
Additional Information
  • Current Use: Agricultural
  • Lot Features: Acreage,City Lot
  • Lot Size Dimensions: 1012x1960x1768x924
  • Possible Use: Agricultural,Cattle,Development,Investment,Single Family
Financial
  • Tax Annual Amount: 36.0
Listing Information
  • List Agent Mls Id: 0784787
  • List Office Mls Id: REBA02
  • Listing Term: Cash,Conventional,1031 Exchange
  • Mls Status: Expired
  • Modification Timestamp: 2026-02-07T06:13:25Z
  • Originating System Name: NTR
  • Special Listing Conditions: Standard
  • Status Change Timestamp: 2026-02-07T00:12:57Z

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