8 months on rocket

4381 Loy Lake Rd, Sherman, TX, 75092

$5,000,000

23.00 Acres
Land

Location

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Property Highlights

Home TypeVacant Land
MLS #20552474
Lot Size23.00 Acres
StatusActive

About 4381 Loy Lake Rd

Opportunity Zone!! This property is a direct extension for retail expansion to the north. It lies between two major arteries, US Hwy 75 on the eastern boundary with 1021' of frontage, and Loy Lake Road on the western boundary with 784' of frontage. Locally known as 4381 Loy Lake Road, Sherman, TX. All city utilities and fiber optics are available on site. Subject property is open and affords panoramic visibility of US Hwy 75. Recent survey available.

Property Details

Property Features

Listing Office:

  • Office Name: LEE TERRELL REAL ESTATE
  • Office Phone: (903) 815-1299
  • Listing Agent: LEE TERRELL Jr.

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Lot Features

Lot Information:

  • Lot: Ravine, Few Trees
  • Lot Size: 23.00 Acres

Other

Directions Information:

  • Directions: 1 mile north of Sherman Town Center on Loy Lake Road in Sherman

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
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Housing Market Comparison

See how this home compares to others in Sherman, TX.

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Sherman, TX

City

Med. List Price

$309.9K

Med. Price/SqFt

$174

Avg. Days On Market

90

# of Sold Homes

48

4381 Loy Lake Rd vs Sherman

260 DAYS ON ROCKET

+170 Days

$5,000,000

+$4.6M More

KEY TAKEAWAY

This property is $4.6M more than the Median List Price in Sherman, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20552474

Listing Office:

  • Office Name: LEE TERRELL REAL ESTATE
  • Office Phone: (903) 815-1299
  • Listing Agent: LEE TERRELL Jr.

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/21/2024, 2:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$25K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-313491
3
/10

  • Neblett Elementary School

  • 1505 Gallagher Dr

  • 1.13 miles

  • Public District Grades KG-5

school-card-donut-313492
3
/10

  • Fairview Elementary School

  • 501 W Taylor St

  • 2.65 miles

  • Public District Grades KG-5

school-card-donut-313493
4
/10

  • Hyde Park Elementary School

  • 1701 S Hyde Park Ave

  • 3.75 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,824. The most common annual income of people living in Sherman, TX is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4381 Loy Lake Rd

What is the listing price of this property?

The listing price of 4381 Loy Lake Rd property is $5,000,000.

What type of property is this?

The property 4381 Loy Lake Rd is land located in Sherman, Texas, 75092.

Is this property for sale now?

Active Listing: 4381 Loy Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 4381 Loy Lake Rd is 23.00 acres.
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Rocket Homes›Texas›Grayson County›Sherman›75092›4381 Loy Lake Rd

This home is located at 4381 Loy Lake Rd in Sherman, TX and zip code 75092. This home sits on a 23.00 acre lot. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $5,000,000.

Between September 2024 and October 2024, Sherman, TX real estate market has seen increase in the number of listings by 9.3%. Listings spent 90 days on the market in October 2024, and had a median list price of $309,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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