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    Sherman, TX
    Hospitality

    Sherman, TX Hospitality Properties for Sale

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    Howe, TX Whitewright, TX Bells, TX Tom Bean, TX Southmayd, TX Denison, TX Dorchester, TX Van Alstyne, TX
    C-2 Commercial Development Site
    Updated: Jul 4
    C-2 Commercial Development Site

    2424 Texoma Parkway, Sherman, TX 75090

    $950,000
    1.15 AC lot
    1.15‑acre commercial land site in an Opportunity Zone
    C‑2 General Commercial zoning
    Former 33‑unit drive‑up motel; motel operations are no longer permitted
    Three existing brick buildings constructed in 1948
    City of Sherman has agreed to demolish the buildings for qualifying ground‑up development
    View details
    Residence Inn Development Opportunity
    Updated: Mar 5
    Residence Inn Development Opportunity

    811 Graham Drive, Sherman, TX 75092

    Contact for pricing
    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.
    View details
    See what stands out in Grayson County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Remodeled 15-Room Motel
    Remodeled 15-Room Motel

    75005 N State Hwy 289, Pottsboro, TX 75076

    $3,236,550
    5.63 AC lot

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

    View details
    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.

    View details
    Hampton Inn & Suites Denison
    Hampton Inn & Suites Denison

    3415 Ansley Blvd, Denison, TX 75020

    $13,500,000

    79-room hotel near Lake Texoma and Highway 75.

    View details
    60-Room Motel
    60-Room Motel

    615 N Hwy 75, Denison, TX 75020

    Contact for pricing

    Recently renovated hospitality property with guest accommodations across three floors near U.S. Highway 75.

    View details

    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.

    View details
    15.45 Acres on TX-11
    15.45 Acres on TX-11

    Hwy 11, Sherman, TX 75090

    $465,000
    15.45 AC lot

    Unimproved land with highway frontage near Sherman, Texas.

    View details
    Residential Land in Gated Subdivision
    Residential Land in Gated Subdivision

    1015 Waters Edge Drive, Denison, TX 75020

    $1,250,000
    10.00 AC lot

    Builder-ready lots in a new gated community, with roads and all services installed for streamlined development.

    View details
    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.

    View details

    Sherman, TX Hospitality Properties Market Trends and Statistics

    Explore 2 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, with an estimated market value of $950,000.

    Sale prices for hospitality properties in Sherman, TX average $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1
    Motels 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

    Identify Sherman submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    75090 $950K

    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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    Most Searched ZIP Codes in Sherman, TX

    • 75090
    • 75092

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