10 months on rocket

5510 La Cima Dr, Sherman, TX, 75092

$3,500,000

39.94 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20521372
Lot Size39.94 Acres
StatusActive

About 5510 La Cima Dr

Discover a rare investment opportunity in Sherman, Texas. This 39.94-acre land, located in an Opportunity Zone within the city's ETJ, offers flexibility and potential tax benefits. Ideal for a variety of developments, its size and strategic position near new city growth areas enhance its appeal. Key Highlights: Vast acreage for diverse projects. Situated in an Opportunity Zone for investment incentives. In the ETJ, allowing planning freedom. Close to Sherman's new developments and the upcoming Margaritaville Resort in Dennison. This property is a gateway to participate in North Texas's dynamic growth. Perfect for residential, commercial, or mixed-use developments. A unique chance to shape the future of Sherman. Contact for details and viewings.

Property Details

Property Features

Listing Office:

  • Office Name: Beam Real Estate, LLC
  • Office Phone: (972) 484-6644
  • Listing Agent: Huma Azim

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  • Virtual Tour: 5510 La Cima Dr
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Lot Features

Lot Information:

  • Lot Size: 39.94 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000
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Housing Market Comparison

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

Med. List Price

$310K

Med. Price/SqFt

$173

Avg. Days On Market

92

# of Sold Homes

31

5510 La Cima Dr vs Sherman

327 DAYS ON ROCKET

+235 Days

$3,500,000

+$3.1M More

KEY TAKEAWAY

This property is $3.1M 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: #20521372

Listing Office:

  • Office Name: Beam Real Estate, LLC
  • Office Phone: (972) 484-6644
  • Listing Agent: Huma Azim

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: 12/22/2024, 11:21:04 AM 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

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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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-962746
3
/10
  • S and S Consolidated Elementary School

  • 4217 Elementary Dr

  • 3.42 miles

  • Public District Grades PK-4

school-card-donut-962747
3
/10
  • Henry Sory Elementary School

  • 120 Binkley Park Dr

  • 4.29 miles

  • Public District Grades KG-5

school-card-donut-962748
2
/10
  • Wakefield Elementary School

  • 400 Sunset Blvd

  • 4.38 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,125. Residents of Sherman, TX typically earn between $35k-100k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5510 La Cima Dr

What is the listing price of this property?

The listing price of 5510 La Cima Dr property is $3,500,000.

What type of property is this?

The property 5510 La Cima Dr is land located in Sherman, Texas, 75092.

Is this property for sale now?

Active Listing: 5510 La Cima Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 5510 La Cima Dr is 39.94 acres.
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Rocket HomesTexasGrayson CountySherman750925510 La Cima Dr

This home is located at 5510 La Cima Dr in Sherman, TX and zip code 75092. This home sits on a 39.94 acre lot. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $3,500,000.

Between October 2024 and November 2024, Sherman, TX real estate market has seen increase in the number of listings by 5.6%. In November 2024, listings were on the market for 92 days. During the same period, the median list price in this real estate market was $310,000.

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

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