5051-loy Lake Road 5051-loy Lake Road

Denison, TX 75020

$5,200,000
Price
1,742,400 / 40
Lot Size / Acres

Description

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...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.
  1. Listed by Jaya Bathina • TREC #0784787 • Beam Real Estate, LLC • 214-300-8162

Property Details for 5051-loy Lake Road 5051-loy Lake Road

Subdivision Name
T B Gates Surv Abs #479
Lot Size Dimensions
1012x1960x1768x924
Zoning Description
SF1
LISTING UPDATED: 02/29/2024 03:45 PM

Property Details for 5051-loy Lake Road 5051-loy Lake Road

StatusActive
MLS #20252884
Days on Market654
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots & Acreage / Residential
Year Built-
Lot Size40.00 AC
CountyGrayson County

Building Information for 5051-loy Lake Road 5051-loy Lake Road

Lot Size40.00 AC

Property Information for 5051-loy Lake Road 5051-loy Lake Road

Summary
Location and General Information
  • Directions: Drive north on HWY 75 from Frisco. Exit 65, turn left on FM-691, and in 1-mile turn left on Loy Lake Road. Drive 1000 feet on the loy lake road, the property is on the left.
  • High School: Denison
  • High School Name: Denison
  • Intermediate School: Mcdaniel
  • Middle School: Henry Scott
  • Senior Community Yes/No: No
  • School District: Denison ISD
  • Geocode Confidence: High
  • Latitude: 33.70
  • Longitude: -96.60
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: G-0479 GATES T B A-G0479, ACRES 40.0
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Exterior Features
  • Fencing: Barbed Wire
  • Number Of Tanks And Ponds: 1
  • Waterfront: No
  • Horse Permitted: Yes
Property
Utilities
  • Utilities: Asphalt
Property and Assessments
  • AG Exemption: Yes
  • Financing Proposed: 1031 Exchange, Cash, Conventional
  • Loan Type: Treat As Clear
  • Restrictions: No Restrictions
  • Property Match: APN
Lot Information
  • Development: City Limits, Zoned
  • Easements: Pipeline
  • Frontage Feet: 3000
  • Lot Features: Acreage
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 40.0
  • Lot Size Area: 40.0
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1742400.0
  • Multi Parcel ID: No
  • Parcel Number: 259492
  • Road Frontage: City Street
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
Farm Information
  • Vegetation: Grassed, Partially Wooded

Property History for 5051-loy Lake Road 5051-loy Lake Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 5051-loy Lake Road 5051-loy Lake Road

This home is within Denison Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - 5 to 6
Rating
School
Distance
Hyde Park Elementary School
PublicPK to 4

Henry Scott Middle
Public7 to 8

Denison High School
Public9 to 12

B Mcdaniel Intermediate School
Public5 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5051-loy Lake Road 5051-loy Lake Road is a 40 ac of land for sale in Denison, TX 75020. This property was listed for sale on February 7, 2023 by Beam Real Estate, LLC, it's currently listed at $5,200,000. This listing's school district is Denison Independent School District. Nearby schools include Hyde Park Elementary School, Henry Scott Middle and Denison High School. 5051-loy Lake Road 5051-loy Lake Road is a 0-bed, 0-bath, 40 ac of land on a 1,742,400 sq. ft. / 40 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beam Real Estate, LLC, Jaya Bathina

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