7158 Luella Road, Sherman, TX 75090
Local realty services provided by:CENTURY 21 Harvey Properties
Listed by: krishna madhireddy
Office: krishna madhireddy, broker
MLS#:21280668
Source:GDAR
Price summary
- Price:$1,499,900
- Price per sq. ft.:$618.77
About this home
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....
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Home facts
- Year built:2008
- Listing ID #:21280668
- Added:55 day(s) ago
- Updated:July 20, 2026 at 11:44 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Carpet, Ceramic Tile
- Kitchen Description:Dishwasher, Disposal, Electric Range
- Living area:2,424 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:2008
- Building area:2,424 sq. ft.
- Lot area:19.87 Acres
- Architectural Style:Traditional
- Construction Materials:Brick, Stone
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Tom Bean
- Middle school:Tom Bean
- Elementary school:Tom Bean
Finances and disclosures
- Price:$1,499,900
- Price per sq. ft.:$618.77
- Tax amount:$5,663
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range
Parking
- Garage:Yes
- Garage spaces:2
- Carport spaces:2
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