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2568 Luella Rd

Sherman, TX 75090
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Just listedJust listed
2 Bedroom(s)
1 Full Bath(s)
3,587 Sqft
27.88 Lot Acres
Country Homes/Acreage

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Description

Resort-Style Living on Nearly 28 Acres with Endless Potential This property truly has it all. With almost 28 acres of gorgeous rolling land, it offers beauty, privacy, income potential, and a lifestyle most only dream about. A large primary home sits on the property with a newly remodeled apartment above, providing a comfortable place to live while completing the main level build-out to your personal style. The land is thoughtfully developed with amenities designed for recreation, living, entertaining and expansion. Property Features Include: Main Home with upstairs Apartment Spacious unfinished lower level design it exactly how you want Newly remodeled upstairs apartment for full-time living during build-out Potential layout lower floor: 4 Bedrooms and 3 full baths 30x60 Shop with large mezzanine Perfect for equipment, vehicles, hobbies, storage or a business workspace, there is also a large equipment barn. Recreational Amenities Fenced, lighted sport court with tennis, pickleball & basketball Putting green 1 mile Biking, hiking & ATV trails winding through scenic wooded areas Bridges over creeks plus a large stocked pond with bass, catfish & perch Private, peaceful, nature-filled surroundings Opportunity & Growth Potential This property is positioned perfectly for development, expansion or income-producing use. Ideal for: RV Resort or Private Retreat Wedding & Events Venue Residential Development or Luxury Estate Located in a high-growth area, just 2 miles from 1417 & Hwy 75 where commercial development is rapidly increasing, country serenity with big-city convenience. A Premier Opportunity, Priced to Sell Similar land nearby is already being secured by developers at significantly higher values. This is your chance to acquire a rare, feature-rich property with massive upside potential in a rapidly expanding market.

MLS#
NTREIS-21391777
List Price
$1,895,000 ($528/Sqft.)
Listing Status
For Sale
Address
2568 Luella Rd
City
Sherman
State
TX
Zip Code
75090
County
Grayson County
Subdivision
Benson Estates at Burning Hill
Legal Description
G-0064 BAILEY WINIFRED A-G0064, ACRES 10.3970
Property Type
Country Homes/Acreage
Bedroom
2 Bedroom(s)
Bath
1 Full Bath(s)
Garages
2 / Attached
Stories
2
Building Size
3,587 Sqft/Appraisal District
Architecture Style
Traditional
Year Built
1987 /Appraisal District
Lot Size
27.88 Lot Acres/Appraisal District
LP / Acre
$67,982 / Acre
Has House
Yes

Rooms

Living
22 x 20, 2nd
Primary Bedroom
2nd
Bedroom
2nd

Interior

Number Of Living Area
1
Fireplace
1/Gas Logs
Appliances
Dishwasher, Disposal, Electric Cooktop
Interior
Multiple Staircases

Exterior

Roof
Composition
Private Pool
No
Exterior Type
Frame
Lot Description
Acreage, Hilly, Many Trees, Rolling Slope
Parking
Additional Parking, Attached Carport, Boat, Electric Gate, Garage Door Opener, Gated
Parking Space
Garage 2 / Carport 2 / Total Covered 8
Fencing
Gate,Metal,Pipe
Utility
Co-op Electric,Co-op Water

Extra details you may need to know

Dwelling Type
Farm/Ranch House

Lot Information

Lot Size
27.88 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Listing Broker

Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Sep 23, 2026 at 01:56 AM
Listing last updated Sep 22, 2026 at 06:20 AM
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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