Luxury Equestrian Ranch
7158 Luella Road Sherman, TX 75090
For Sale
$1,700,000
Turnkey luxury ranch with a fully equipped 60x64 barn, income-producing lease, and cross-fenced acreage near major Sherman growth corridors.
Property Size2,424 SF
Price / SF$701.32
Days on Market54
Property Features for 7158 Luella Road
General Information
- Standard status
- Active
- Size
- 2,424 SF
- Property subtype
- Farm & Ranch
Building Details
- Year Built
- 2008
Listing Agency:
Krishna Madhireddy, Broker
(708) 288-2337
Listed By:
Krishna Madhireddy · License #0698555
(708) 288-2337
Source:
Signaturere
Added: Jun 1
Changed: Jul 10
Last Checked: Jul 24 at 5:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Krishna Madhireddy, Broker
Investment Insights
Based on property information with market context.
This luxury brick ranch estate is custom-built with an open-concept main layout and 4 bedrooms with 2.5 baths. Inside, the home features custom hickory and pecan cabinetry, cedar trim, historic tin accents, a formal dining area, and a spacious kitchen island anchored by a fireplace. Enjoy panoramic sunset views from the living spaces, plus outdoor comfort with a large deck and an above-ground pool, along with a fire pit and covered parking. The property sits on nearly 20 cross-fenced acres with flat, usable land and no water bodies, providing flexibility to build, expand, or add structures.
The 60x64 barn is fully equipped with electricity and water, including a wash rack, feed area, holding pens, and a riding arena. Fenced pastures and the existing setup support equestrian use, cattle operations, agricultural activity, or recreational ranching. High-speed internet and updated HVAC with a tankless water heater add everyday reliability.
As a turnkey, income-producing property currently leased, it may appeal to investors seeking cash flow with ranch functionality already in place. For operators or buyers looking for an executive rental, equestrian ranch, private retreat, or long-term land investment, the AG exemption status offers additional long-term value, while the location near Highway 75, downtown Sherman, and the Texas Instruments development corridor supports future-oriented growth potential.
The 60x64 barn is fully equipped with electricity and water, including a wash rack, feed area, holding pens, and a riding arena. Fenced pastures and the existing setup support equestrian use, cattle operations, agricultural activity, or recreational ranching. High-speed internet and updated HVAC with a tankless water heater add everyday reliability.
As a turnkey, income-producing property currently leased, it may appeal to investors seeking cash flow with ranch functionality already in place. For operators or buyers looking for an executive rental, equestrian ranch, private retreat, or long-term land investment, the AG exemption status offers additional long-term value, while the location near Highway 75, downtown Sherman, and the Texas Instruments development corridor supports future-oriented growth potential.
Key Highlights
- Custom brick 4‑bedroom, 2.5‑bath home built in 2008 with approx. 2,424 SF of living space
- Nearly 20 cross‑fenced acres with flat, usable land and no water bodies
- 60x64 barn with electricity, water, wash rack, feed area, holding pens, riding arena, and fenced pastures
Property Analytics
Property Profile
Location Intelligence
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Ranches
FAQs
What type of property is this?
Ranch - Turnkey luxury ranch with a fully equipped 60x64 barn, income-producing lease, and cross-fenced acreage near major Sherman growth corridors.
Where is this ranch located?
The property is located at 7158 Luella Road Sherman, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Custom brick 4‑bedroom, 2.5‑bath home built in 2008 with approx. 2,424 SF of living space; Nearly 20 cross‑fenced acres with flat, usable land and no water bodies; 60x64 barn with electricity, water, wash rack, feed area, holding pens, riding arena, and fenced pastures
