5051 Loy Lake Road Terrell Road
Sherman, TX 75090
- – beds
- – baths
- – sqft
- ~40 acre lot
- – on site
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.
Last checked:
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Last updated Mar 24, 2025
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MLS# 20252884 —
Location
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Directions:Drive north on HWY 75 from Frisco. Exit 65, turn left on FM-691, and in 1-mile turn left on Loy Lake Road. Drive 1000 feet on the loy lake road, the property is on the left.
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Latitude:33.70117011
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Longitude:-96.60250288
The Property
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Property Type:Land
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Property Subtype:Unimproved Land
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Parcel Number:259492
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Lot Features:Acreage
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Lot Size:10 to < 50 Acres
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Lot Size Dimensions:1012x1960x1768x924
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Lot Size SqFt:1742400.0000
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Lot Size Acres:40.0000
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Lot Size Area:40.0000
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Lot Size Units:Acres
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Lot Size Source:Public Records
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Easements:Pipeline
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Restrictions:No Restrictions
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Current Use:Agricultural
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Possible Use:Agricultural, Cattle, Development, Investment, Single Family
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Zoning Description:SF1
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Fencing:Barbed Wire
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Vegetation:Grassed, Partially Wooded
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Horse Permitted:Yes
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# of Tanks And Ponds:1
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Frontage Feet:3000
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Waterfront:No
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Road Frontage Type:City Street
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Road Surface Type:Asphalt
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Will Subdivide:Yes
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Legal Description:G-0479 GATES T B A-G0479, ACRES 40.0
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20252884
Utilities
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Utilities:Asphalt
Schools
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School District:Denison ISD
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Middle School Name:Henry Scott
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Intermediate School Name:Mcdaniel
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High School Name:Denison
The Community
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Subdivision Name:T B Gates Surv Abs #479
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Senior Community:No
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Association Type:None
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Development Status:City Limits, Zoned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
