$5,200,000
For Sale

5051 Terrell Road

Sherman, TX 75090
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • SubdivisionT B Gates Surv Abs #479
      • Property SubtypeUnimproved Land
      • School DistrictDenison ISD
      • Property TypePurchase
      • MLS #20252884
      • MLS #20252884
      • Lot DescriptionAcreage
      • Acres40.0000
      • Utility FeaturesAsphalt
      • CountyGrayson
      • Cost5200000
      • Buying Agency Compensation2

Location

Elena Dinaburg Realty & StagingReal Estate Group
OR

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
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