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.
B Mcdaniel Middle School, Public District Grades 6-8
Hyde Park Elementary School, Public District Grades PK-5
Other
Directions Information:
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.
Price Information
Listing Price Info
Price Summary:
List Price: $5,200,000
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Housing Market Comparison
See how this home compares to others in Sherman, TX.
Last updated on: 11/5/2024, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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.
Elementary School
4
/10
Hyde Park Elementary School
1701 S Hyde Park Ave
Distance between this listing and this school3.16 miles
Public District Grades PK-5
Middle School
4
/10
B Mcdaniel Middle School
400 N Lillis Ln
Distance between this listing and this school4.41 miles
Public District Grades 6-8
High School
6
/10
Denison High School
1901 S Mirick Ave
Distance between this listing and this school4.17 miles
Public District Grades 9-12
Assigned Schools
4
/10
Hyde Park Elementary School
1701 S Hyde Park Ave
Distance between this listing and this school3.16 miles
Public District Grades PK-5
Nearby Schools
3
/10
Percy W Neblett Elementary School
1505 Gallagher Dr
Distance between this listing and this school1.85 miles
Public District Grades KG-4
3
/10
Fairview Elementary School
501 W Taylor St
Distance between this listing and this school3.33 miles
Public District Grades KG-4
Assigned Schools
4
/10
B Mcdaniel Middle School
400 N Lillis Ln
Distance between this listing and this school4.41 miles
Public District Grades 6-8
Nearby Schools
4
/10
Piner Middle School
402 W Pecan St
Distance between this listing and this school4.39 miles
Public District Grades 7-8
5
/10
Pottsboro Middle School
105 Cardinal Ln
Distance between this listing and this school5.60 miles
Public District Grades 6-8
Assigned Schools
6
/10
Denison High School
1901 S Mirick Ave
Distance between this listing and this school4.17 miles
Public District Grades 9-12
Nearby Schools
5
/10
Perrin Learning Center
81 Vandenburg Dr
Distance between this listing and this school3.02 miles
Public District Grades 8-12
3
/10
Sherman High School
2201 E Lamar St
Distance between this listing and this school4.17 miles
The neighbors living near this home have an average income of $45,824. Residents of Sherman, TX typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5051LOYLAKEROAD Terrell Rd
What is the listing price of this property?
The listing price of 5051LOYLAKEROAD Terrell Rd property is $5,200,000.
What type of property is this?
The property 5051LOYLAKEROAD Terrell Rd is land located in Sherman, Texas, 75090.
Is this property for sale now?
Active Listing: 5051LOYLAKEROAD Terrell Rd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5051LOYLAKEROAD Terrell Rd are: Hyde Park Elementary School: GreatSchools Rating 4/10B Mcdaniel Middle School: GreatSchools Rating 4/10Denison High School: GreatSchools Rating 6/10
How much acreage is this property?
The property 5051LOYLAKEROAD Terrell Rd is 40.00 acres.
Interested in 5051LOYLAKEROAD Terrell Rd? Let's connect.
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This home is located at 5051LOYLAKEROAD Terrell Rd in Sherman, TX and zip code 75090. This home sits on a 40.00 acre lot. It has been listed on Rocket Homes since February 07, 2023 and is currently priced at $5,200,000.
The inventory of homes for sale in Sherman, TX between September 2024 and October 2024 increased by 9.3%. In October 2024, listings were on the market for 90 days. During the same period, the median list price in this real estate market was $309,900.
From Rocket Homes Real Estate and based on county public records data.
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