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$200,767

NAL Estimated Property Value

5626 Texoma Parkway, Sherman, TX, 75090

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths7,616 Sq Ft
WarehouseWarehouse
Year BuiltBuilt in 1982

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size43,342 sqft

Building Information

Year Built1982

Land Information

APNS001 1097046
SubdivisionShelp D C A-G1097
Land UseCommercial
Legal DescriptionG-1097 SHELP D C A-G1097, ACRES .995
Census Tract000903
Assessed Land Value$104,281
Assessed Improvement Value$96,486
Assessment Year2025

About this property

ATTENTION ALL CONTRACTORS looking for a highly visible location on Texoma Parkway in Sherman! Here is your opportunity to own 1.08 acres with a 7,616 SF warehouse in an area undergoing rapid transformation. Located 1 mile north of recently acquired Midway Mall with neighbors like Oncor Electricity, Ready Now Storage and TAPS, this site once hosted Cable One and proved to be a valuable location for their equipment storage. The warehouse features 3, 12 ft roll-up doors, and an office at the front of the building with 2 fully plumbed bathrooms. However, the value lies in the land. With easy access to Hwy 75 and delicious eateries like Two Brothers Hibachi across the street and City Limits just down the road, this location is an employee's dream. Sherman is on the brink of a population boom with high tech companies like Texas Instruments fueling the economy. With a whopping 13,679 vehicles traversing Texoma Parkway daily, you can rest assured your business will get the publicity it needs.

Investor Tools

Property Icon
$200,767
Estimated Property Value
$0Estimated Mortgage Balance
$200,767Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,255
$200,767
2025
$104,281
$96,486
$200,767
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,255
$200,767

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$200,767
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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