Video tour
#20552474, LEE TERRELL Jr., Listing Office: LEE TERRELL REAL ESTATE
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
- MLS Number: 20252884
- MLS Name: NTR
- Office Name: Beam Real Estate, LLC
- Office Phone: (972) 484-6644
- Listing Agent: Jaya Bathina
©2025 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.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/22/2025, 4:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$5,200,000
5051LOYLAKEROAD Terrell Rd
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
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. Typical income of Sherman, TX residents is between $35k-100k annually. The majority of families are single, no kids. 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
Similar homes for sale
Video tour
#20720930, Jessica Dansby, Listing Office: SRC Local Markets, LLC
Video tour
#20703923, Jessica Dansby, Listing Office: SRC Local Markets, LLC
Frequently asked questions
About 5051LOYLAKEROAD Terrell Rd
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.
The number of homes for sale in Sherman, TX increased by 6.1% between December and January 2025. While the average time on the market in January 2025 was 92 days, the median list price was $310,331.
From Rocket Homes Real Estate and based on county public records data.