Hospitality

Sherman, TX Hospitality Properties for Sale

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Residence Inn Development Opportunity
Updated: Mar 5
Residence Inn Development Opportunity

811 Graham Drive, Sherman, TX 75092

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81,618 sqft 4.88 AC lot
Shovel‑ready project includes land, 20‑year Marriott Franchise License, Architectural Plans, and Building Permits.
Located in Sherman, Texas, the 20th best small city to live in the U.S., experiencing rapid growth.
Excellent location off Highway 75, surrounded by restaurants and retailers, between Denison and Sherman industrial hubs.
Includes 4.88 acres with room for an additional 70‑85 room hotel.
Boasts 119 guestrooms across 5 floors, totaling 81,618 SF.
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See hot listings in Sherman

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Victorian Bed-and-Breakfast Property
Victorian Bed-and-Breakfast Property

317 W Sam Rayburn Drive, Bonham, TX 75418

$799,000
2,375 sqft 2.30 AC lot

Three suites and two detached cottages offer independently bookable accommodations.

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Remodeled 15-Room Motel
Remodeled 15-Room Motel

75005 N State Hwy 289, Pottsboro, TX 75076

$1,995,000
5.63 AC lot

Updated lodging property with boat storage, retail-oriented improvements, and additional buildings for redevelopment.

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Victorian Bed & Breakfast
Victorian Bed & Breakfast

317 W Sam Rayburn Drive, Bonham, TX 75418

$799,000
2.34 AC lot

Historic hospitality property with three suites, two detached cottages, and a dedicated outdoor venue.

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Lake Texoma Investment Opportunity
Lake Texoma Investment Opportunity

75005 N State Hwy 289, Pottsboro, TX 75076

$3,236,550
5.63 AC lot

Versatile property near Lake Texoma with multiple income streams.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Dual Frontage
Commercial Land with Dual Frontage

Grayson Drive, Denison, TX 75020

$1,599,999
25.00 AC lot

A sizable tract inside Denison city limits with city water and sewer access.

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15.45 Acres on TX-11
15.45 Acres on TX-11

Hwy 11, Sherman, TX 75090

$360,000
15.45 AC lot

Unimproved land with highway frontage near Sherman, Texas.

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Ten Lots Near Lake Texoma
Ten Lots Near Lake Texoma

Old Shawnee Trail Drive, Gordonville, TX 76245

$199,000
1.14 AC lot

Ten contiguous lots with utilities near Lake Texoma.

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Residential Land Near Lake Texoma
Residential Land Near Lake Texoma

12059 Kash Road, Kingston, OK 73439

$49,900
0.75 AC lot

Residential land near Lake Texoma, suitable for Airbnb or dream home.

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Sherman, TX Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in Sherman, TX on our real estate platform. These investment opportunities span a total of 81,618 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

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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