1500 feet from the Billion Dollar Bel Air Lagoon Development!! County property with City Utilities (water and Sewer). located in the hot market of Sherman Texas. This property sits in the middle of major upcoming development with Lennar building next door (400 plus single family units), Multi Family coming across the street in both directions. This property is a great opportunity for either Multi Family (300 plus units) or Mini Storage facility. Again, No City oversight yet the property has City water and City Sewer. Purchase would include all 29 acres. Agent is co-owner of the property.
Sold
Price Unknown
592 Luella Rd, Sherman, TX 75090
--beds
--baths
29Acres
Unimproved Land
Built in 1961
29 Acres Lot
$2,403,300 Zestimate®
$--/sqft
$-- Estimated rent
Home value
$2,403,300
$1.71M - $3.24M
Not available
Zestimate® history
Owner options
List your home for rent
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Refinance and save
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Chad Dannheim 0594846 817-993-9448,
Rockin H Realty 817-993-9448
Bought with:
Thomas Ricci
Coldwell Banker Apex, REALTORS
Source: NTREIS,MLS#: 20552003
Facts & features
Property
Features
- Fencing: None
- On waterfront: Yes
- Waterfront features: Creek
Lot
- Size: 29 Acres
- Features: Acreage, Corner Lot, Few Trees
- Residential vegetation: Cleared
Details
- Additional structures: None
- Parcel number: 125538
- Zoning description: City Water and City Sewer, However this property is county piece of land. NO ZONING REQUIRED!! Developers Dream Scenario
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: W Bailey Surv Abs #064
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Tax assessed value: $2,390,788
- Annual tax amount: $3,691
- Date on market: 7/30/2024
- Cumulative days on market: 122 days
- Listing terms: Cash,Conventional,1031 Exchange,Other
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/18/2024 | Sold | -- |
Source: NTREIS #20552003 Report a problem | ||
| 3/5/2024 | Listed for sale | $5,500,000 |
Source: NTREIS #20552003 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,259 +2.5% | $2,390,788 -21.1% |
| 2024 | $4,154 +24.9% | $3,031,996 +0.8% |
| 2023 | $3,324 | $3,007,913 +104.9% |
| 2022 | -- | $1,467,996 +85.9% |
| 2021 | $2,293 | $789,472 -1.1% |
| 2020 | -- | $798,018 +54% |
| 2019 | $2,360 +29.6% | $518,155 +473.5% |
| 2018 | $1,821 -6.2% | $90,347 +3.6% |
| 2017 | $1,941 | $87,235 +20.9% |
| 2016 | $1,941 +22.2% | $72,132 -21.3% |
| 2015 | $1,589 | $91,612 +74.1% |
| 2004 | -- | $52,616 +10% |
| 2002 | -- | $47,816 |
| 2001 | -- | $47,816 |
Find assessor info on the county website
Neighborhood: 75090
Nearby homes
- $291,500-- bd-- ba1.5k sqft660 Luella Rd, Sherman, TX 75090Off Market
- $47,640-- bd-- ba-- sqft646 Luella Rd, Sherman, TX 75090Off Market
- $31,766-- bd-- ba1.5k sqft252 Luella Rd, Sherman, TX 75090Off Market
- $415,400-- bd-- ba-- sqft646 Luella Rd, Sherman, TX 75090Off Market
- $--2.03 acres631 Luella Rd, Sherman, TX 75090Sold
- $272,500-- bd-- ba1.3k sqft460 Luella Rd, Sherman, TX 75090Off Market
- $850,500-- bd-- ba1.2k sqft897 Luella Rd, Sherman, TX 75090Off Market
- $492,600-- bd-- ba2.4k sqft689 Luella Rd, Sherman, TX 75090Off Market
Nearby schools
GreatSchools rating
- 3/10Dillingham Elementary SchoolGrades: K-5Distance: 5.9 mi
- 4/10Sherman MiddleGrades: 6-8Distance: 3.7 mi
- 5/10Sherman High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Dillingham
- Middle: Sherman
- High: Sherman
- District: Sherman ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Grayson County
- Sherman
- 75090
- 592 Luella Rd
