Paragon Realtors Real Estate

5051 Loy Lake Road Terrell RoadSherman, TX 75090Price: $5,200,000

  • Price: $5,200,000
  • Est. Mortgage of $/month
  • 798 Days on Market
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Federal 30-year interest rate: 6.22% last updated on Nov 6, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $5,200,000List Price
  • 40Acreage

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Listed by Jaya Bathina of Beam Real Estate,LLC
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.

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Property Details of 5051 Loy Lake Road Terrell Road

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Based on information submitted to North Texas Real Estate Information Services as of November 12, 2025 12:55 AM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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