3990 Luella Road, Sherman, TX 75090
Local realty services provided by:CENTURY 21 Judge Fite Company
Listed by: weston kirk
Office: all city
MLS#:21373557
Source:GDAR
Price summary
- Price:$299,999
- Price per sq. ft.:$64.1
About this home
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....
Contact an agent
Home facts
- Year built:1930
- Subdivision & Development:G-1300
- Listing ID #:21373557
- Added:5 day(s) ago
- Updated:September 06, 2026 at 12:09 PM
Rooms and interior
- Living area:4,680 sq. ft.
Structure and exterior
- Year built:1930
- Building area:4,680 sq. ft.
- Lot area:3.21 Acres
- Levels:2 Story
Schools
- High school:Tom Bean
- Middle school:Tom Bean
- Elementary school:Tom Bean
Finances and disclosures
- Price:$299,999
- Price per sq. ft.:$64.1
- Tax amount:$3,059
New listings near 3990 Luella Road
- New
$550,000Active5 beds 4 baths3,446 sq. ft.9160 State Highway 56, Sherman, TX 75090
MLS# 21379044Listed by: KELLER WILLIAMS REALTY DPR - New
$120,000Active0.3 Acres1913 Heritage Knoll Drive, Sherman, TX 75092
MLS# 21368398Listed by: BROWNSTONE REAL ESTATE GROUP - New
$244,900Active4 beds 2 baths1,600 sq. ft.1802 N Woods Street, Sherman, TX 75092
MLS# 21377996Listed by: EXP REALTY LLC - New
$110,000Active1.64 Acres1.63 acres W Lamberth Road, Sherman, TX 75092
MLS# 21376241Listed by: DHS REALTY - New
$125,000Active2.42 Acres2903 Meadows Lane, Sherman, TX 75092
MLS# 21376451Listed by: DHS REALTY - New
$889,000Active3 beds 4 baths3,152 sq. ft.2702 Stonecrest Drive, Sherman, TX 75092
MLS# 21378019Listed by: EASY LIFE REALTY - New
$515,000Active5 beds 6 baths3,222 sq. ft.3731 Cherry Hills Drive, Sherman, TX 75090
MLS# 21377608Listed by: EXP REALTY LLC - New
$240,000Active3 beds 2 baths1,450 sq. ft.1208 N Grant Drive, Sherman, TX 75092
MLS# 21375440Listed by: KELLER WILLIAMS REALTY DPR - New
$300,000Active5 beds 3 baths2,185 sq. ft.1423 W Shields Drive, Sherman, TX 75092
MLS# 21377015Listed by: AVIGNON REALTY - New
$224,900Active3 beds 2 baths1,776 sq. ft.3728 Luella Road, Sherman, TX 75090
MLS# 21376739Listed by: RANGEPOINT REALTY, LLC