5051 loy lake road Terrell Rd

Sherman, TX 75090
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40.00 Lot Acres
Land / Unimproved Land

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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.

MLS#
NTREIS-20252884
List Price
$5,200,000
Listing Status
For Sale
Address
5051 loy lake road Terrell Rd
City
State
TX
Zip Code
Subdivision
T B Gates Surv Abs #479
Legal Description
G-0479 GATES T B A-G0479, ACRES 40.0
Property Type
Land / Unimproved Land
Lot Size
40.00 Lot Acres/PUBREC
Road Frontage
CITY

Exterior

Lot Description
Acreage
Fencing
Barbed Wire
Easements
Pipeline
Utility
Asphalt
Road Surface
City Street

Lot information

Lot Size
40.00 Lot Acres /PUBREC
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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

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Property tax

Cost/Sqft based on tax value

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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

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated May 05, 2024 at 10:07 AM
Listing last updated Feb 29, 2024 at 03:58 PM
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5051 loy lake road Terrell Rd, Sherman, TX 75090. View photos, map, tax, nearby homes for sale, home values, school info...

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