
$6,729,207
NAL Estimated Property Value820 N Sam Rayburn Freeway, Sherman, TX, 75090
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About this property
Incredible investment opportunity!!! 68-unit senior living apartment complex in the heart of Sherman. All units are occupied and there is a waiting list. This complex has a wonderful, experienced property manager that would like to stay after the completion of the sale. All units have an all-bills-paid leasing agreement. Located in a great neighborhood with convenient access to highway 75. Please contact listing agent for more information.
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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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