Apartment Building

Sherman, TX Apartment Buildings for Sale

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Apartment Community with In-Unit Laundry
Updated: May 27
Apartment Community with In-Unit Laundry

1600 LA SALLE DR, Sherman, TX 75090

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168,200 sqft
Easton Parc Apartments built in 1985, offering 232 multifamily units in Sherman, TX.
Units average 725 SF, with efficiencies up to 2BD/2BA layouts.
Property is 80% occupied.
Washer and dryer connections included in every unit; storage unit included with 1- and 2‑bedroom floorplans.
Assumable debt with $11,300,000 remaining, interest‑only period through November 1, 2028.
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Former Nursing Home Apartment Conversion
Former Nursing Home Apartment Conversion

111 13th NW, Ardmore, OK 73401

$400,000
18,612 sqft

Multi-unit apartment complex opportunity ready for renovation near hospital and shopping in Ardmore, OK.

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Historic Ardmore Apartment Building
Historic Ardmore Apartment Building

202 N Washington, Ardmore, OK 73401

$80,000
12,811 sqft

14-unit apartment building in historic downtown Ardmore, Oklahoma.

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Denton Multifamily Near UNT
Denton Multifamily Near UNT

1600 Scripture St, Denton, TX 76201

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13,458 sqft

Redeveloped 22-unit multifamily property near the University of North Texas.

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24-Unit Apartment Buildings
24-Unit Apartment Buildings

2404 Louise Street #2404 & 2420, Denton, TX 76201

Contact for pricing
9,720 sqft

Updated HVAC, flooring, paint, kitchens, and appliances across the multifamily property.

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Off-Market Properties in Sherman, TX

Consider similar Off-Market properties in Sherman, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

517 Travis St
Multifamily properties

517 Travis St, Sherman, TX 75090

Estimated value:
No data
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415 Archer Cir
Multifamily properties

415 Archer Cir, Sherman, TX 75092

Estimated value:
No data
8.13 AC lot
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Sherman, TX Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Sherman, TX on our real estate platform. These investment opportunities span a total of 168,200 square feet of properties for sale.

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Demographics Overview

Population 54K
Population Growth (5Y) +9.1%
Median Household Income $62,961
College Educated 20.2%

Taxes & Financing

Tax Rate (average for all types) 2.10%
Property Tax per SF $49.33 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grayson County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Sherman fall within the 50,000 to 100,000 square foot range.

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