2 months on rocket

5510 La Cima Dr, Sherman, TX, 75092

$3,900,000

39.94 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20521372
Lot Size39.94 Acres
StatusActive

About 5510 La Cima Dr

Discover a rare investment opportunity in Sherman, Texas. This 39.94-acre land, located in an Opportunity Zone within the city's ETJ, offers flexibility and potential tax benefits. Ideal for a variety of developments, its size and strategic position near new city growth areas enhance its appeal. Key Highlights: Vast acreage for diverse projects. Situated in an Opportunity Zone for investment incentives. In the ETJ, allowing planning freedom. Close to Sherman's new developments and the upcoming Margaritaville Resort in Dennison. This property is a gateway to participate in North Texas's dynamic growth. Perfect for residential, commercial, or mixed-use developments. A unique chance to shape the future of Sherman. Contact for details and viewings.

Property Details

Property Features

Listing Office:

  • Office Name: Beam Real Estate, LLC
  • Office Phone: (817) 793-3613
  • Listing Agent: Huma Azim

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  • Virtual Tour: 5510 La Cima Dr

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Lot Features

Lot Information:

  • Lot Size: 39.94 Acres

School Info

Assigned Schools Information:

  • S and S Consolidated High School, Public District Grades 9-12
  • S and S Consolidated Middle School, Public District Grades 6-8
  • S and S Consolidated Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,900,000
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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

5510 La Cima Dr vs Sherman

88 DAYS ON ROCKET

+11 Days

$3,900,000

+$3.5M More

KEY TAKEAWAY

This property is $3.5M 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: #20521372

Listing Office:

  • Office Name: Beam Real Estate, LLC
  • Office Phone: (817) 793-3613
  • Listing Agent: Huma Azim

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, 6:25:19 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.

Payment Calculator

$19.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.7K

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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-1063013
3
/10

  • S and S Consolidated Elementary School

  • 4217 Elementary Dr

  • 3.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1063014
5
/10

  • S and S Consolidated Middle School

  • 200 Ram Ave

  • 8.79 miles

  • Public District Grades 6-8

High School

school-card-donut-1063015
5
/10

  • S and S Consolidated High School

  • 404 S Main St

  • 8.77 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 $65,125. The majority of Sherman, TX residents have income between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5510 La Cima Dr

What is the listing price of this property?

The listing price of 5510 La Cima Dr property is $3,900,000.

What type of property is this?

The property 5510 La Cima Dr is land located in Sherman, Texas, 75092.

Is this property for sale now?

Active Listing: 5510 La Cima Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5510 La Cima Dr are:
S and S Consolidated Elementary School: GreatSchools Rating 3/10
S and S Consolidated Middle School: GreatSchools Rating 5/10
S and S Consolidated High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 5510 La Cima Dr is 39.94 acres.
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Rocket Homes›Texas›Grayson County›Sherman›75092›5510 La Cima Dr

This home is located at 5510 La Cima Dr in Sherman, TX and zip code 75092. This home sits on a 39.94 acre lot. It has been listed on Rocket Homes since January 29, 2024 and is currently priced at $3,900,000.

In March 2024 in Sherman, TX there were 8.5% more homes for sale than in February 2024. While the average time on the market in March 2024 was 77 days, the median list price was $321,834.

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

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