
$468,595
NAL Estimated Property Value5116 Texoma Pkwy, Sherman, TX, 75090
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About this property
Versatile Commercial Building – Ideal Event Venue or Multi-Use Space This fully remodeled and updated commercial building is currently operating as an events venue and offers exceptional flexibility for a variety of uses. The spacious 44' x 60' main room provides a large open layout, perfect for gatherings, retail displays, office workspaces, or warehouse needs. A 14' x 14' food prep or staging room adds convenience for events or future business operations. The building includes two restrooms, with the women's restroom featuring a 7' x 14' private dressing room—ideal for weddings, performances, or bridal parties. Also includes a private outside lighed lawn area great for fair weather receptions or events. Situated in a prime central location with excellent visibility and a high traffic count, this property presents a rare opportunity for a wide range of business possibilities. Buyer and buyer's agent to verify sq ft and permitted uses and zoning with the city.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Sherman
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