1200 feet from the Billion Dollar Bel Air Lagoon Development!! Located in the booming 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. With tons of road frontage, this property is a great opportunity for Mini Storage facility or other commercial ideas. No City oversight yet on the property! Early 1900s dilapidated school house currently sits on property. Do not enter structure without agent.
Sold
Price Unknown
631 Luella Rd, Sherman, TX 75090
--beds
--baths
2.03Acres
Unimproved Land
Built in 1940
2.03 Acres Lot
$268,300 Zestimate®
$--/sqft
$-- Estimated rent
Home value
$268,300
$212,000 - $338,000
Not available
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Stephany Smith 0713158 903-893-8174,
PARAGON, REALTORS 903-893-8174
Bought with:
Thomas Ricci
Coldwell Banker Apex, REALTORS
Source: NTREIS,MLS#: 20733471
Facts & features
Property
Lot
- Size: 2.03 Acres
- Features: Acreage
Details
- Parcel number: 125536
- Zoning description: Outside City limits
Utilities & green energy
- Sewer: Septic Tank
- Utilities for property: Electricity Available, Septic Available
Community & HOA
Community
- Subdivision: Dunmon Sherod
HOA
- Has HOA: No
Location
- Region: Sherman
Financial & listing details
- Tax assessed value: $166,696
- Annual tax amount: $957
- Date on market: 9/20/2024
- Cumulative days on market: 37 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2024 | Sold | -- |
Source: NTREIS #20733471 Report a problem | ||
| 11/8/2024 | Pending sale | $450,000 |
Source: NTREIS #20733471 Report a problem | ||
| 10/27/2024 | Contingent | $450,000 |
Source: NTREIS #20733471 Report a problem | ||
| 9/20/2024 | Listed for sale | $450,000 |
Source: NTREIS #20733471 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,815 +4871.7% | $166,696 +227.2% |
| 2024 | $57 -26.7% | $50,948 +10% |
| 2023 | $77 +13.4% | $46,316 +10% |
| 2022 | $68 -17.9% | $42,105 +10% |
| 2021 | $83 | $38,277 +10% |
| 2020 | -- | $34,797 +10% |
| 2019 | $85 -23.1% | $31,634 -11.6% |
| 2018 | $111 +17% | $35,789 +2.6% |
| 2017 | $94 | $34,867 +3.1% |
| 2016 | $94 -60.8% | $33,805 +8.2% |
| 2015 | $241 | $31,232 -16.9% |
| 2014 | $241 | $37,585 |
| 2013 | -- | $37,585 |
| 2012 | -- | $37,585 -2.1% |
| 2011 | -- | $38,379 |
| 2010 | -- | $38,379 |
| 2009 | -- | $38,379 |
| 2008 | -- | $38,379 |
| 2007 | -- | $38,379 +20.2% |
| 2005 | -- | $31,935 +11.8% |
| 2004 | -- | $28,577 +11.9% |
| 2002 | -- | $25,542 |
| 2001 | -- | $25,542 |
| 2000 | -- | $25,542 |
Find assessor info on the county website
Neighborhood: 75090
Nearby homes
- $47,640-- bd-- ba-- sqft646 Luella Rd, Sherman, TX 75090Off Market
- $291,500-- bd-- ba1.5k sqft660 Luella Rd, Sherman, TX 75090Off Market
- $415,400-- bd-- ba-- sqft646 Luella Rd, Sherman, TX 75090Off Market
- $492,600-- bd-- ba2.4k sqft689 Luella Rd, Sherman, TX 75090Off Market
- $31,766-- bd-- ba1.5k sqft252 Luella Rd, Sherman, TX 75090Off Market
- $--96.19 acres515 Luella Rd, Sherman, TX 75090Off Market
- $272,500-- bd-- ba1.3k sqft460 Luella Rd, Sherman, TX 75090Off Market
- $--29 acres592 Luella Rd, Sherman, TX 75090Sold
Nearby schools
GreatSchools rating
- 3/10Dillingham Elementary SchoolGrades: K-5Distance: 5.8 mi
- 4/10Sherman MiddleGrades: 6-8Distance: 3.7 mi
- 5/10Sherman High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Henry W Sory
- Middle: Piner
- 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
- 631 Luella Rd
