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$252,495

NAL Estimated Property Value

1422 W Houston St, Sherman, TX, 75092

$328,244 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,696 Sq Ft
OfficeOffice
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 1946

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile

Exterior

Lot Size22,651 sqft

Building Information

Year Built1946

Land Information

APNS035 0763732
SubdivisionMcanair J B
Land UseCommercial
Legal DescriptionG-0763 MCANAIR J B, ACRES .52
Census Tract001700
Assessed Land Value$66,595
Assessed Improvement Value$185,900
Assessment Year2025

About this property

If you are looking for a place to operate your business close to the new Texas Instruments facility and HWY US-75 in the booming city of Sherman, Texas then look no further! This unique property features 6 offices, a full breakroom complete with microwave, dishwasher, cooktop, and refrigerator. The main shop has approximately 2568 sq. ft. under roof, plus a second story loft that’s equipped with heavy duty racks, and another 500 sq.ft. lean-to with its own roll up door. The main shop features 2 large roll up doors 16 & 14 ft tall, the shop does have heating and a large cooler for those hot summer days. The .5 ACRE corner lot is fronting 3 roads making loading and unloading 18 wheelers a lot easier. In addition, the fenced-in yard area is perfect for additional parking and truck & trailer storage.

Investor Tools

Property Icon
$252,495
Estimated Property Value
$752,258Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$328,244
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,515 /month
Positive
Cash Flow Estimate:
$505 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,538
$252,495
2025
$66,595
$185,900
$252,495
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,538
$252,495

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Open End Mortgage / Open End With Future Advance Clause
$760,000
No
First
Oct 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$752,258
N/A
0%
298%
$4,557/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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1422 W Houston St | Property Details | No Agent List