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#20720930, Jessica Dansby, Listing Office: SRC Local Markets, LLC
Property details
About 5051LOYLAKEROAD Terrell Rd
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.
Highlights
Home typeUnimproved Land
StatusActive
Lot size40 Acres
MLS #20252884
Virtual tour
Summary
- List Price: $5,200,000
- Lot: City Lot
- 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.
- Lot Size: 40 Acres
- MLS Number: 20252884
- MLS Name: NTR
- Office Name: Beam Real Estate, LLC
- Office Phone: (972) 484-6644
- Listing Agent: Jaya Bathina
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Last updated on: 5/29/2025, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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5051LOYLAKEROAD Terrell Rd
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Price information
Property sales
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Tax history
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Nearby schools
4
Dillingham Elementary School
Public District KG-5
1.7 mi
•1701 Gallagher Dr
4
Neblett Elementary School
Public District KG-5
1.8 mi
•1505 Gallagher Dr
7
Hyde Park Elementary School
Public District PK-4
3.1 mi
•1701 S Hyde Park Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,824. The most common annual income of people living in Sherman, TX is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
35%
<35k
57%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
51%
Single, No Kids
15%
Single, with Kids
22%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
31%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
College Football
Figure Skating
Where do the neighbors shop?
Family Dollar
Express/Express For Men
Stein Mart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Kia
Buick
What do the neighbors listen to?
New Country
Adult Standards
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5051LOYLAKEROAD Terrell Rd
The listing price of 5051LOYLAKEROAD Terrell Rd property is $5,200,000.
The property 5051LOYLAKEROAD Terrell Rd is land located in Sherman, Texas, 75090.
Active Listing: 5051LOYLAKEROAD Terrell Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5051LOYLAKEROAD Terrell Rd are: Dillingham Elementary School (GreatSchools Rating 4/10), Neblett Elementary School (GreatSchools Rating 4/10), Hyde Park Elementary School (GreatSchools Rating 7/10), Sherman Middle School (GreatSchools Rating 4/10), Scott Middle School (GreatSchools Rating 4/10), Piner Middle School (GreatSchools Rating 5/10), Perrin Learning Center (GreatSchools Rating 1/10), Sherman High School (GreatSchools Rating 5/10), Pathways High School (GreatSchools Rating 3/10).
The property 5051LOYLAKEROAD Terrell Rd is 40 acres.
This home is located at 5051LOYLAKEROAD Terrell Rd in Sherman, TX and zip code 75092. Features: 0 bathroom. It has been listed on Rocket Homes since February 7, 2023 and is currently priced at $5,200,000.
In April 2025 in Sherman, TX there were 14.4% more homes for sale than in March. The median list price of listings available in April 2025 was $309,983, while the average time on the real estate market was 93 days.
From Rocket Homes Real Estate and based on county public records data.