7158 Luella Road, Sherman, TX, 75090

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$1,700,000
4 Days On Site

7158 Luella Road
Sherman, TX 75090

For Sale|Farm|Active
4
Beds
3
Total Baths
2
Full Baths
1
Partial Bath
2,424
SqFt
$701
/SqFt
2008
Built
Subdivision:
G-0430 FITCH BEN F A-G0430, ACRES 10.0
County:
Grayson
Call Now: 903-965-3909
Is this the listing for you? We can help make it yours.
903-965-3909
7158 Luella Road7158 Luella Road7158 Luella Road7158 Luella Road
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Monthly Payment (Est.)

$7,756
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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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Listing Snapshot
Price 
$1,700,000
Days On Site 
4 Days
Bedrooms 
4
Inside Area (SqFt) 
2,424 sqft
Total Baths 
3
Full Baths 
2
Partial Baths 
1
Lot Size 
19.873 Acres
Year Built 
2008
MLS® Number 
21280668
Status 
Active
Property Tax 
$5,663
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
19.873
Additional Property Use 
AgriculturalCattleGrazingHorsesLivestockSingle Family
Attached Garage 
Yes
Carport 
2
Foundation 
Slab
Garage 
Yes
Garage Spaces 
2
Levels 
One
Parking 
CarportAttached
Property Sub Type 
Farm
Sewer 
Septic Tank
Special Circumstances 
Standard
Style 
Traditional
Utilities 
Sewer AvailableUnderground Utilities
Interior Features
Appliances 
DishwasherDisposalElectric Range
Cooling 
Ceiling Fan(s)Electric
Fireplace 
Yes
Fireplace Features 
InsertGas Log
Fireplaces 
1
Flooring 
CarpetCeramic Tile
Heating 
Fireplace InsertCentralElectric
Interior 
High Speed Internet
Laundry Features 
Electric Dryer HookupWasher Hookup
Bath-Full 
Dimensions - 8 x 7Level - First
Bath-Half 
Dimensions - 6 x 4Level - First
Bedroom 
Dimensions - 13 x 13Level - FirstFeatures - Walk-In Closet(s)
Living Room 
Dimensions - 18 x 25Level - First
Master Bedroom 
Dimensions - 15 x 18Level - First
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Exterior Features
Construction Details 
BrickStone
Patio And Porch 
Deck
Pool Features 
Above Ground
Roof 
Composition
Community Features
Financing Terms Available 
1031 ExchangeCashConventional
School District 
Tom Bean ISD
Schools
School District
Tom Bean ISD
Elementary School
Tom Bean
Middle School
Tom Bean
High School
Tom Bean
Listing courtesy of Krishna Madhireddy of Krishna Madhireddy, Broker mrrkreddy@gmail.com

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© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-05-31 08:51 AM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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