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$10,031,868

Listing Price

--beds

--baths

3,112sqft

585,011sqft lot

4381 N Loy Lake Rd, Sherman, TX 75092

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

--

Price / sqft

1976

Year built

Home Details

Prime 23-Acre Development Tract with Hwy 75 Frontage Sherman, TexasnCapitalize on the rapid growth of the North Texas, Silicon Prairie, with this premier 23-acre development opportunity. Located within the Sherman city limits and just an hour north of Dallas, this highly visible tract features dual frontage on both U.S. Highway 75 and Loy Lake Road, ensuring maximum exposure and accessible ingress and egress.nStrategic Location: Situated in a high-growth corridor just north of Sherman Town Center and the new Courtyard by Marriott. It sits exactly 10 miles north of the massive Texas Instruments and Globiwafer multi-billion dollar manufacturing plants, and 10 miles south of the Oklahoma border.nFavorable Zoning & Utilities: Zoned R-6 (Residential) within the City of Sherman, with city utilities available, including a city gravity sewer line on the north side of the property and a 12 inch water line running along hwy 75. 1198' road frontage on Hwy 75 and 822' road frontage along Loy Lake Rd.nMaximum Tax Incentives: Positioned within Opportunity Zones 1.0 and 2.0, providing developers and investors with exceptional long-term tax advantages.nReady for Due Diligence: A complete property survey is available upon request to help accelerate your project timeline.nWhether you are looking to develop a master-planned residential community, high-density housing, or pursue a commercial variance in a booming submarket, this acreage offers the location, infrastructure, and financial incentiv

Interior Details

Square Feet
  • 3112

Bedrooms
  • N/A

Bathrooms
  • N/A

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 585011

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$5,872

$0

$0

--%

$248,943

2019

$6,063

$0

$0

--%

$245,016

2018

$5,680

$0

$0

--%

$223,127

2017

$5,225

$0

$0

--%

$203,483

2016

$4,719

$0

$0

--%

$185,188

2014

$4,634

$0

$0

--%

$182,210

2013

$4,454

$21,438

$155,349

--%

$176,787

2012

$7,372

$21,434

$157,228

--%

$178,662

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Average Home Price in 75092

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
10,031,868
$
Down payment
2,006,373.6
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
60,191.20
$
HOA (Monthly)
0
$
PMI
0
$
$64,938
Your Payment
Total Monthly Payment:$64,938
Percent of Income:1113%
Affordable:No

Details for 4381 N LOY LAKE RD

Property Debt

Foreclosure Contact Details