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$548,200

NAL Estimated Property Value

109 S Travis St, Sherman, TX, 75090

Off MarketInfo
LeaseInfo
CommercialInfo
Baths0 Bath
Baths3,900 Sq Ft
OfficeOffice
price_per_sqft$0.51 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile, Other

Exterior

Lot Size3,751 sqft

Building Information

Year Built1920

Land Information

APNS034 2181056
SubdivisionOtp Sherman
Land UseCommercial
Legal DescriptionOTP SHERMAN, BLOCK 5, LOT N/2 3, 25X150 3750 SF, ACRES .0861 25X150 3750 SF
Census Tract002000
Assessed Land Value$48,750
Assessed Improvement Value$499,450
Assessment Year2025

About this property

Hard to find office space on the Square in Historic Downtown Sherman, is now AVAILABLE. This building has a large reception area, three enclosed offices, and plenty of open space for conference area or cubicles. Was a former surveyor's office for over 30 years. Canopy shows the address and front has large windows. The upstairs is not finished out, and could be used only for storage.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,230/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,024
$548,200
2025
$48,750
$499,450
$548,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,024
$548,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameristate Bank
Purchase Money Mortgage
$240,000
No
First
Dec 5, 2018
Dec 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,241
$343,959
62%
37%
$1,439/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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109 S Travis St | Property Details | No Agent List