7158 Luella Road
Sherman, TX 75090 · View on map ↓
Overview
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.
Mortgage Calculator
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Rooms
- Primary Bedroom
- 15 x 18 / 1
- Bedroom
- 12 x 13 / 1
- Bedroom
- 13 x 13 / 1
- Bedroom
- 13 x 13 / 1
- Living Room
- 18 x 25 / 1
- Kitchen
- 22 x 13 / 1
- Dining Room
- 13 x 12 / 1
- Full Bath
- 14 x 10 / 1
- Full Bath
- 8 x 7 / 1
- Half Bath
- 6 x 4 / 1
- Utility Room
- 6 x 9 / 1
- Appliances
- Dishwasher, Electric Range, Disposal
- Interior Features
- Decorative Designer Lighting Fixtures, High Speed Internet
- Flooring
- Carpet, Ceramic Tile
- Laundry
- Washer Hookup, Electric Dryer Hookup
- Fireplaces
- 1 · Insert, Gas Log
- Heating
- Central, Electric
- Cooling
- Ceiling Fans, Electric
- Utilities
- Electricity Available, Sewer Available, Septic Available, Separate Meters, Underground Utilities, Water Available
- Architectural Style
- Traditional, Detached, Farmhouse
- Construction
- Brick, Rock, Stone
- Roof
- Composition
- Foundation
- Slab
- Patio / Porch
- Deck
- Pool
- Above Ground, Pool
- Levels
- One
- Stories
- 1
- Garage Spaces
- 2
- Attached Garage
- Yes
- Carport Spaces
- 2
- Covered Spaces
- 2
Schools
- Elementary
- Tom Bean (Tom Bean ISD)
- Middle
- Tom Bean (Tom Bean ISD)
- High
- Tom Bean (Tom Bean ISD)
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 6/7/2026 | Listed for sale Source: NTREIS #21280668 | $1,499,900 |
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Listed by Krishna Madhireddy · Krishna Madhireddy, Broker
Source: NTREIS · MLS#: 21280668
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
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