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About the Listing MT100512 - 0698555
Luxury ranch estate on nearly 20 cross-fenced acres in the rapidly growing Sherman market, just minutes from Highway 75, downtown Sherman, and the expanding Texas Instruments development corridor. This custom-built 4-bedroom, 2.5-bath brick home offers approximately 2,424 SF of thoughtfully designed living space featuring open-concept living, custom hickory and pecan cabinetry, cedar trim, historic tin accents, formal dining, spacious kitchen island, fireplace, and panoramic sunset views. Designed for both lifestyle and functionality, the property includes a large deck, above-ground pool, fire pit, covered parking, and beautifully maintained grounds. The impressive 60x64 barn is fully equipped with electricity, water, wash rack, feed area, holding pens, riding arena, and fenced pastures, making it ideal for equestrian, cattle, agricultural, or recreational use. The flat, usable land with no water bodies offers exceptional flexibility and is ready to build, expand, or create the ranch estate, event venue, additional structures, or investment project you envision. AG exemption status offers additional long-term value and potential tax advantages. Currently leased and generating rental income, this turnkey property presents multiple opportunities for investors, ranch operators, or buyers seeking a luxury rural retreat with income potential. The continued economic growth in North Texas and proximity to major employers position this property for strong long-term appreciation and future development upside. Additional highlights include high-speed internet, updated HVAC, and tankless water heater. Whether utilized as an executive rental, equestrian ranch, private retreat, or long-term land investment, this is a rare opportunity to own a cash-flowing luxury ranch in one of North Texas’ fastest-growing regions.
Listing Highlights
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full / 1 Half
- Appliances: Dishwasher, Disposal, Electric Range
- Air Cond: Ceiling Fan(s),Electric
- Heating: Central,Electric
- Fireplaces: 1, Gas Logs,Insert
- Floor: Carpet,Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Decorative Lighting,High Speed Internet Available,Master on Main
- Water:
Exterior Details
- Lot Description: 10 to < 50 Acres
- Garage Capacity: 2 car
- Roof: Composition
- Others: Preowned
- Sewer:
- Parking Features: Carport
Financial Details
- Tax Amount: $5,663
- Taxes w/Assessments: N/A
- Tax/Property ID: 129226
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
7158 Luella Rd Sherman, TX 75090
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