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4381 Loy Lake Rd, Sherman, TX, 75092

$5,000,000

23.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20552474
Lot Size23.00 Acres
StatusActive

About 4381 Loy Lake Rd

Opportunity Zone!! This property is a direct extension for retail expansion to the north. It lies between two major arteries, US Hwy 75 on the eastern boundary with 1021' of frontage, and Loy Lake Road on the western boundary with 784' of frontage. Locally known as 4381 Loy Lake Road, Sherman, TX. All city utilities and fiber optics are available on site. Subject property is open and affords panoramic visibility of US Hwy 75. Recent survey available.

Property Details

Property Features

Listing Office:

  • Office Name: LEE TERRELL REAL ESTATE
  • Office Phone: (903) 815-1299
  • Listing Agent: LEE TERRELL Jr.

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  • Virtual Tour: 4381 Loy Lake Rd

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Lot Features

Lot Information:

  • Lot: Ravine, Few Trees
  • Lot Size: 23.00 Acres

School Info

Assigned Schools Information:

  • Sherman High School, Public District Grades 9-12
  • Dillingham Intermediate School, Public District Grades 5-6
  • Piner Middle School, Public District Grades 7-8
  • Percy W Neblett Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: 1 mile north of Sherman Town Center on Loy Lake Road in Sherman

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,000,000
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Housing Market Comparison

See how this home compares to others in Sherman, TX.

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Sherman, TX

City

Med. List Price

$321.8K

Med. Price/SqFt

$173

Avg. Days On Market

77

# of Sold Homes

61

4381 Loy Lake Rd vs Sherman

52 DAYS ON ROCKET

-25 Days

$5,000,000

+$4.6M More

KEY TAKEAWAY

This property is $4.6M more than the Median List Price in Sherman, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20552474

Listing Office:

  • Office Name: LEE TERRELL REAL ESTATE
  • Office Phone: (903) 815-1299
  • Listing Agent: LEE TERRELL Jr.

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/27/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$25K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-974423
4
/10

  • Percy W Neblett Elementary School

  • 1505 Gallagher Dr

  • 1.22 miles

  • Public District Grades KG-4

Middle School

school-card-donut-974424
4
/10

  • Dillingham Intermediate School

  • 1701 Gallagher Dr

  • 1.14 miles

  • Public District Grades 5-6

school-card-donut-974425
3
/10

  • Piner Middle School

  • 402 W Pecan St

  • 3.73 miles

  • Public District Grades 7-8

High School

school-card-donut-974426
3
/10

  • Sherman High School

  • 2201 E Lamar St

  • 3.59 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,824. Residents of Sherman, TX typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4381 Loy Lake Rd

What is the listing price of this property?

The listing price of 4381 Loy Lake Rd property is $5,000,000.

What type of property is this?

The property 4381 Loy Lake Rd is land located in Sherman, Texas, 75092.

Is this property for sale now?

Active Listing: 4381 Loy Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4381 Loy Lake Rd are:
Percy W Neblett Elementary School: GreatSchools Rating 4/10
Dillingham Intermediate School: GreatSchools Rating 4/10
Piner Middle School: GreatSchools Rating 3/10
Sherman High School: GreatSchools Rating 3/10

How much acreage is this property?

The property 4381 Loy Lake Rd is 23.00 acres.
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Rocket Homes›Texas›Grayson County›Sherman›75092›4381 Loy Lake Rd

This home is located at 4381 Loy Lake Rd in Sherman, TX and zip code 75092. This home sits on a 23.00 acre lot. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $5,000,000.

The number of homes for sale in Sherman, TX increased by 8.5% between February 2024 and March 2024. In March 2024 median list price was $321,834 and the average listing age was 77 days.

From Rocket Homes Real Estate and based on county public records data.

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