Sherman, TX 75090,39.92AC Luella Road

$1,250,000

Est.Price: ?

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Est. payment /mo

39.94 Acres Lot


SOLD DATE : 03/12/2024

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Sold

Purchase Type For Sale

Subdivision G-0064 Bailey Winifred A-G0064

MLS Listing ID 20001673

Sold Date 03/12/24

HOA Y/N None

Annual Tax Amount $124

Lot Size 39.940 Acres

Acres 39.94

Property Description

PRIME LAND OPPORTUNITY IN BOOMING AREA - YOUR GATEWAY TO THRIVING GROWTH! This parcel of land is located near Highway 75 and the tech corridor, including well-known companies like Texas Instruments, Globitech, Coherent. Additionally, it lies just 2 miles from Bel Air Village and it's new phase of construction: the Bel Air Beach Club; the proximity to all this offers a wide range of amenities and convenient access to shopping, dining, and entertainment options. Given its prime location, this piece of land would be an excellent investment opportunity for developers looking to create new home developments in the area. The large size of the land allows for a variety of different development options, and its proximity to major highways and businesses make it an ideal spot for commuters.Overall, this property has a lot of potential for investors, and with careful planning and development, could become a highly desirable area for residents and businesses alike.

Location

State TX

County Grayson

Zoning Res

Direction From Hwy 75, Right on 1417, 1 mile down make a Right on Luella Rd, within two miles down Luella, property will be on your left. Land is between Davenport Rd and High Pointe Rd.

Exterior

Fence None

Utilities Available Asphalt, Co-op Electric, Electricity Connected, Outside City Limits, Well

Street Surface Asphalt

Lot Frontage 2350.0

Garage No

Building

Lot Description Acreage, Adjacent to Greenbelt, Agricultural, Corner Lot, Greenbelt

Schools

Elementary Schools Dillingham

Middle Schools Sherman

High Schools Sherman

School District Sherman Isd

Others

Restrictions Unknown Encumbrance(s)

Ownership Felder

Financing Cash

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Rafael Rodriguez • EBBY HALLIDAY, REALTORS
Bought with PEGGY JACKSON • C-21 DEAN GILBERT, REALTORS
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+1(214) 403-9633

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201 Calloway St, Wylie, TX, 75098, USA

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