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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.

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.

3990 Luella Rd, Sherman

Ideally located near the intersection of Highway 11 and FM 1417 in Sherman, this 65.201 acre property sits at the southeast quadrant of Cedar Road and TX-11 in Sherman and offers flexible potential. The property is located near GlobiTech's newly opened Semiconductor Globalwafers Plant and the new $30 Billion Texas Instruments Chipmaking Campus. Nearby new 500,000 square foot Sherman High School Campus & Athletic Facility. Sherman, Texas is experiencing significant economic growth, driven by substantial investments in the semiconductor industry and a diverse industrial base. Major Employers in Sherman: Tyson Foods, Texas Instruments, GlobiTech, Sherman ISD, Carrus Hospital, Emerson, etc. Email for a copy of the drone video.

Ideally located near the intersection of Highway 11 and FM 1417 in Sherman, this 65.201 acre property sits at the southeast quadrant of Cedar Road and TX-11 in Sherman and offers flexible potential. The property is located near GlobiTech's newly opened Semiconductor Globalwafers Plant and the new $30 Billion Texas Instruments Chipmaking Campus. Nearby new 500,000 square foot Sherman High School Campus & Athletic Facility. Sherman, Texas is experiencing significant economic growth, driven by substantial investments in the semiconductor industry and a diverse industrial base. Major Employers in Sherman: Tyson Foods, Texas Instruments, GlobiTech, Sherman ISD, Carrus Hospital, Emerson, etc. Email for a copy of the drone video.

Tbd Cedar Rd, Sherman

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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