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$94,708

NAL Estimated Property Value

218 S Walnut Street, Sherman, TX, 75090

Off MarketInfo
LeaseInfo
CommercialInfo
Baths0 Bath
Baths720 Sq Ft
OfficeOffice
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 1950

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCeramic Tile, Laminate

Exterior

Lot Size6,543 sqft

Building Information

Year Built1950

Land Information

APNS041 218109101
SubdivisionOtp Sherman
Land UseCommercial
Legal DescriptionOTP SHERMAN, BLOCK 8, LOT E PART OF THE N 100' 7 & 8, ACRES 0.1502
Census Tract002000
Assessed Land Value$79,821
Assessed Improvement Value$44,765
Assessment Year2025

About this property

RETAIL, OFFICE, SPECIAL EVENTS, CIGAR LOUNGE, MASSAGE, OR BEAUTY SALON, YOU CAN MAKE YOUR MARK IN SHERMAN, TEXAS, WITH YOUR OWN BUSINESS, JUST OFF THE SQUARE. Located just off the Square, in busy Downtown Sherman, you will have plenty of visibility on Walnut Street. No need to worry about the parking, as this building comes with a front parking lot. CENTRAL AIR and HEAT, and Large Front Windows, make this the building comfortable in the Summer and our Texas Winter. Entrepreneurs, this building is calling you.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,731
$94,708
2025
$79,821
$44,765
$124,586
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,731
$94,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southstate Bank Na
Credit Line (Revolving) / Heloc
$56,000
No
First
Jun 20, 2025
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,551
$39,157
41%
59%
$402/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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218 S Walnut Street | Property Details | No Agent List