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7158 Luella Road, Sherman, TX 75090

$1,700,000
  • 7158 Luella Road, Sherman, TX 75090 Main Photo

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New to the Market Active
BEDS4 BATHS2 full 1 partial SQUARE FEET2,424 MLS#21280668
STATUSActive PROPERTY TYPEResidential - SUBDIVISIONG-0430 FITCH BEN F A-G0430, ACRES 10.0 SCHOOLTom Bean ISD

Property Description

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.

7158 Luella Road | MLS# 21280668

This home located at 7158 Luella Road, Sherman, TX 75090 is currently listed for sale with an asking price of $1,700,000. This property was built in 2008 and has 4 bedrooms and 2 full and 1 partial baths with 2424 sq. ft. Luella Road is located in the G-0430 FITCH BEN F A-G0430, ACRES 10.0 subdivision within the Tom Bean ISD school district. Search G-0430 FITCH BEN F A-G0430, ACRES 10.0 real estate on www.kellylandandranch.com today.

Property Features

Property Type: Residential -
Cooling: Ceiling Fan(s), Electric
Fireplaces: 1
Garage: 2 car attached
Heating: Central, Electric
Home Style: Traditional
Lot Size: 19.87 Acres
Roof Type: Composition
Year Built: 2008

Amenities

Decorative Lighting
High Speed Internet Available

Feature Descriptions

Appliances: Dishwasher, Disposal, Electric Range
Days on Site: 6
Exterior: Brick, Rock/Stone
Fireplace: Gas Logs, Insert
Flooring: Carpet, Ceramic Tile
Laundry: Electric Dryer Hookup, Washer Hookup
Parcel#: 129226
Parking: Carport
Parking Notes: Carport
Patio/Porch: Deck
Pool: Above Ground
Swimming Pool: Yes
Utilities: Aerobic Septic, Asphalt, Co-op Electric, Individual Water Meter, Outside City Limits, Private Sewer, Rural Water District, Septic, Sewer Available, Underground Utilities

Local Schools

Elementary School: Tom Bean
School District: Tom Bean ISD

Listed By / Shown By

Listed By

Agency Name: Krishna Madhireddy, Broker
Agent Name: Krishna Madhireddy

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 4,279.30 per month $3,783.46 Principal & Interest $0.00 Property Tax (data not provided by mls) $495.83 Homeowner's Insurance

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