See all 6 photos
$299,999
Est. payment /mo
4,680 SqFt
New
3990 Luella Road Sherman, TX 75090
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 4,680 sqft
Subdivision G-1300
MLS Listing ID 21373557
HOA Y/N None
Year Built 1930
Annual Tax Amount $3,059
Lot Size 3.210 Acres
Acres 3.21
Property Sub-Type Single Family Residence
Property Description
Rare acreage investment and renovation opportunity in Sherman, Texas. Situated on approximately 3.21 acres in Grayson County, this distinctive two-level 1930 structure offers substantial space, soaring ceilings and a flexible open layout ready for a complete transformation. The upper level features a large open room with impressive ceiling height, while the lower level was previously used as workspace and storage.
The property is being sold strictly as-is for cash and requires extensive renovation. Known conditions include roof and moisture damage, deteriorated sheetrock, no central HVAC and deferred maintenance. The building and grounds contain personal property that may remain at closing. Buyers should perform independent inspections and verify square footage, condition, utilities, permitted uses and insurability.
With direct frontage on Luella Road and convenient access to Sherman, Tom Bean, Howe and the expanding US-75 employment corridor, this property may appeal to investors, contractors, preservation-minded buyers or anyone seeking a unique acreage redevelopment project. Potential for residential renovation, adaptive reuse or subdivision should be independently verified with Grayson County and any other applicable authorities. Public water and septic are reported but must be confirmed by the buyer. Bring your vision to this one-of-a-kind Grayson County investment property.
The property is being sold strictly as-is for cash and requires extensive renovation. Known conditions include roof and moisture damage, deteriorated sheetrock, no central HVAC and deferred maintenance. The building and grounds contain personal property that may remain at closing. Buyers should perform independent inspections and verify square footage, condition, utilities, permitted uses and insurability.
With direct frontage on Luella Road and convenient access to Sherman, Tom Bean, Howe and the expanding US-75 employment corridor, this property may appeal to investors, contractors, preservation-minded buyers or anyone seeking a unique acreage redevelopment project. Potential for residential renovation, adaptive reuse or subdivision should be independently verified with Grayson County and any other applicable authorities. Public water and septic are reported but must be confirmed by the buyer. Bring your vision to this one-of-a-kind Grayson County investment property.
Location
State TX
County Grayson
Direction See Maps
Rooms
Dining Room 0
Interior
Interior Features Open Floorplan
Appliance Other, None
Exterior
Utilities Available City Water, Septic
Garage No
Building
Story Two
Level or Stories Two
Schools
Elementary Schools Tom Bean
Middle Schools Tom Bean
High Schools Tom Bean
School District Tom Bean Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21373557

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Listed by Weston Kirk • All City
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