Luxury Equestrian Ranch
For Sale
$1,700,000
7158 Luella Road, Sherman, TX 75090
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 Market60
Property Features for 7158 Luella Road
General Information
Standard status
Active
Size
2,424 SF
Property subtype
Farm & Ranch
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Business Included
Yes
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 30 at 12:41PM
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
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 75090, TX
25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
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Frequently Asked Questions
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