Property Details
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Laura Life
Winston Properties, LLC
phone: (817) 964-0800
mobile: (817) 964-0800
office: (817) 579-5555
fax: (817) 579-5477
www.lauralife.­com

115 W. Pearl Street, Ste. 108
Granbury, TX 76048, United States
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Your Message:
7158 Luella Road, Sherman, Texas 75090, USA
List Price: $1,700,000
Sale price per sqm: 7,548.95 $
Status: ACT
MLS#: 21280668
Property Type: Residential For Sale, Farm
Property Size: 2,424 sqft (225.19 m2)
Land size: 19.87 sqft (1.85 m2)
Rooms
  • 4 bedrooms
  • 2 full baths
  • 1 half bath
  • 1 dining room
Property Details
2008 Year Built:
Farm/Ranch House, Single Detached Property Type:
Traditional Style:
Brick, Rock/Stone Construction:
Resale Condition:
Pool Recreational Features:
Dishwasher, Disposal Appliances:
Above Ground Pool Description:
1 Number of Fireplaces:
Gas Logs Fireplace Description:
Deck, Garage, Carport, Decorative Lighting Property Features:
Deck Outdoor Space Description:
Carpet, Ceramic tile Floors:
septic tank, Private Sewer, Underground Utilities, Aerobic Septic, Individual Water Meter Utilities:
Central, Electric Heating System:
Electric, Ceiling Fan Cooling System:
Broadband internet access Telecommunication:
Barn Other building/structures:
On Slab Basement and Foundation:
composition Roofing:
Parking / Garage
2 Garage Spaces:
Attached Garage Garage Description:
2 Number of Carport Spaces:
School Information
1201 School District:
Tom Bean Elementary School:
Tom Bean High School:
Tom Bean Middle School:
Remarks
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 by: Krishna Madhireddy, Broker



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