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$139,094

326 W Houston Street, Sherman, TX, 75090

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths192 Sq Ft
Mixed UseMixed Use
price_per_sqft$416.15 / sqft
Year BuiltBuilt in 1955

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringWood

Exterior

Lot Size10,759 sqft

Building Information

Year Built1955

Land Information

APNS034 2000016
Lot Number5,6
SubdivisionAllen S B Addn
Land UseCommercial
Legal DescriptionALLEN S B ADDN, BLOCK Z, LOT PT 5 & 6, ACRES 0.247
Census Tract002000
Assessed Land Value$129,435
Assessed Improvement Value$9,659
Assessment Year2025

About this property

Great LOCATION! Your opportunity to own commercial property in the heart of downtown Sherman! Building has plumbing and electric, small restroom inside. Could be used as a small office or drive-thru--the possibilities are endless! Parking lot just off Houston, green space behind building with space to grow. Buyer and buyer's agent to verify all information. Listing agent is co-owner, also related to co-owner.

Investor Tools

Property Icon
$139,094
Estimated Property Value
$0Estimated Mortgage Balance
$139,094Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$835 /month
Positive
Cash Flow Estimate:
$278 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$261/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,439
$139,094
2025
$129,435
$9,659
$139,094
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,439
$139,094

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$139,094
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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326 W Houston Street | Property Details | No Agent List