5051 loy lake road Terrell Road Active Save Request In-Person Tour Request Virtual Tour
Sherman,TX 75090
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision T B Gates Surv Abs #479
MLS Listing ID 20252884
HOA Y/N None
Annual Tax Amount $36
Lot Size 40.000 Acres
Acres 40.0
Lot Dimensions 1012x1960x1768x924
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.
Location
State TX
County Grayson
Zoning SF1
Direction 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.
Exterior
Fence Barbed Wire
Utilities Available Asphalt
Street Surface Asphalt
Lot Frontage 3000.0
Garage No
Building
Lot Description Acreage
Schools
Middle Schools Henry Scott
High Schools Denison
School District Denison Isd
Others
Restrictions No Restrictions
Ownership Arnica Land Holdings
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Phase I Complete,Survey Available