5051 N Loy Lake Rd - Residential LAND FOR SALE


Sherman, TX 75092 1,742,400 SF
$8,000,000 USD
214-300-8162
5051 N Loy Lake Rd, Sherman, TX for Sale
$8,000,000 USD
Residential LAND - FOR SALE
1/5
1,742,400 SF

5051 N Loy Lake Rd
Sherman, TX 75092


OVERVIEW

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.Buyer, Buyer agent to confirm the information provided.

FOR SALE DETAILS

PRICE

$8,000,000 USD

PRICE/ACRE

$200,000/AC

PRICE/SF

$5 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

5051 N. Loy Lake Rd

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Hold for Investment, Single Family Development

LAND ACRES

40 AC

LAND SF

1,742,400 SF

OFFSITE IMPROVEMENTS

-

ZONING

Agriculture

APN/PARCEL ID

259492

ASK ABOUT THIS PROPERTY

Jaya BathinaBeam Real Estate, LLCMore Info
214-300-8162

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Jaya BathinaBeam Real Estate, LLCMore Info
214-300-8162

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.