2424 TEXOMA PARKWAY, SHERMAN, TX 75090
Homes for sale in Sherman.
Homes for sale in 75090.
2424 Texoma Parkway
Sherman, TX 75090
List Price$950,000
Listing #21237501
About This Property
***The City of Sherman has agreed to demo all three buildings should a Buyer elect to build from scratch. ***Significant capital gain tax incentives available in this Opportunity Zone property! Unlock the potential of this versatile 1.15-acre commercial property located at 2424 Texoma Pkwy, Sherman, TX 75090, zoned C-2 (General Commercial) in the heart of a bustling corridor. Previously a 33-unit motel, this site is now primed for redevelopment into a wide range of retail, service, or office uses permitted under Sherman's C-2 zoning, offering endless possibilities for investors and developers. The existing structures can be remodeled into modern suites for businesses such as medical offices, fitness studios, or retail shops, or the site can be cleared for a custom build-to-suit project tailored to your Continued... See Addendum Property Description 1.
Property Features
Location Information
County
Grayson
Subdivision
Sherman
Interior Features
Has Fireplace
No
Floors
Combination
Heating
Central
Tenant Pays
All Utilities
Cooling
Central Air
Total Number of Units
33
Exterior Features
Construction
Brick
Lot Size in Sq. Ft.
50,094
Foundation
Slab
Possible Best Use
Automotive, Food Service, M
Roof
Composition
Zoning
C2-Retail Zone
Utilities
Electricity Connected, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
1,288
Parking Description
Asphalt
Is One Story
No
Lot Size in Acres
1.15
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
10966.0
Property SubType
Business
Lot Acres Source
Public Records
Year Built
1948
Similar Listings
Mortgage Calculator
$4,435
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,423
Monthly Tax
$791
Monthly Insurance
$221
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
Listing courtesy of
Daniel Harker, Keller Williams Realty DPR
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NTREIS - North Texas data last updated at April 29, 2026, 3:35 PM CT
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