39.92AC Luella Rd

Sherman, TX 75090
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Sold
Sold
$1,242,001 - $1,425,000
Sold on March 12, 2024
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39.94 Lot Acres
Land / Unimproved Land

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$265K
AVM Value
$183K
Value Range
$185K - $344K
Value Range
$ 183,453
Confidence Score
26%

Margin of Error*: 30%
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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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.

MLS#
NTREIS-20001673
Sold Price Range
$1,242,001 - $1,425,000
Listing Status
Sold
Address
39.92AC Luella Rd
City
State
TX
Zip Code
Subdivision
G-0064 Bailey Winifred A-G0064
Legal Description
G-0064 BAILEY WINIFRED A-G0064, ACRES 39.92
Property Type
Land / Unimproved Land
Lot Size
39.94 Lot Acres./OTHER
Road Frontage
CITY

Exterior

Lot Description
Acreage, Adjacent to Greenbelt, Agricultural, Corner Lot, Greenbelt
Fencing
None
Utility
Asphalt, Co-op Electric, Electricity Connected, Outside City Limits, Well
Road Surface
City Street

Lot information

Lot Size
39.94 Lot Acres /OTHER
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Lake Pump
No

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Down Payment Assistance

Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

Nearby schools view nearby schools

Source

North Texas Real Estate Information Systems, Inc.
Source last updated Apr 28, 2024 at 10:47 PM
Listing last updated Mar 14, 2024 at 10:37 AM
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39.92AC Luella Rd, Sherman, TX 75090. View photos, map, tax, nearby homes for sale, home values, school info...

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