Medical Office with Adjacent
For Sale
Under Contract
$500,000
4020 Texoma Parkway, Sherman, TX 75090
CommercialSale, Sherman, TX
Property SizeContact for details
Lot Size2.11 Acres
Days on Market20
Property Features for 4020 Texoma Parkway
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning description
(349) MEDICAL OFFICE BUILDING (300) COMMERCIAL LAND VACANT
Parking features
Parking Lot
Security features
Security
Subdivision
W F Patterson Surv Abs #969
Lot features
Acreage, Cleared, Interior Lot, Irregular Lot, Landscaped, Level
Directions
From Hwy 75, exit at Hwy 82 East. Travel east on Hwy 82 to Texoma Pkwy. Travel north on Texoma Parkway approximately 1 mile. The property is located on the west side of the road.
Standard status
Active Under Contract
APN
154538
Lot size
2.11 Acres
Taxes and HOA fees
Tax Description
G-0969 PATTERSON W F Ag0969, ACRES 1.73
Tax Annual Amount
7936
Legal Description
G-0969 PATTERSON W F Ag0969, ACRES 1.73
Utilities
Sewer type
Septic Tank
Heating system
Zoned, Central, Electric (Heating)
Cooling system
Zoned, Central Air, Electric
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Number of units
1
Flooring type
Tile, Carpet
Building materials
Stucco
Roof type
Flat, Built-Up
Listing Agency:
HBL, Realtors
(903) 786-6063
Listed By:
Victoria Woodard · License #205247
(903) 624-0688
Added: Aug 31
Changed: Sep 14
Last Checked: Sep 19 at 10:06AM
MLS# 21373125
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office property includes a building constructed in 1980 with a glass facade, stucco exterior, tile and carpet flooring, central and zoned HVAC, a built-up flat roof, and a parking lot. Public water and septic service support the improvements. The building has served a medical practice since 1980, and the current owner intends to remain as a tenant after the sale.
The property totals 2.11 acres, including 0.38 acres associated with the office and an adjacent 1.73-acre parcel. The office component and additional land may be acquired together or separately. The site fronts Texoma Parkway in Sherman, with regional access described through U.S. Highway 75, I-35, and nearby rail networks.
The property totals 2.11 acres, including 0.38 acres associated with the office and an adjacent 1.73-acre parcel. The office component and additional land may be acquired together or separately. The site fronts Texoma Parkway in Sherman, with regional access described through U.S. Highway 75, I-35, and nearby rail networks.
Key Highlights
- 2.11‑acre property with a 0.38‑acre medical office component and adjacent 1.73‑acre parcel
- Medical office building constructed in 1980
- Glass facade with stucco exterior
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
240
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75090, TX
25,002
Population
9,602
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
84%
High-School Grad
78.5 sq mi
ZIP Area
318
Density / Sq Mi
$58,586
Median Household Income
$36,230
Median Earnings
$1,111
Median Rent
$163,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Glass-fronted medical office with parking, durable finishes, and an adjoining parcel suitable for separate acquisition.
Where is this medical office space located?
The property is located at 4020 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 2.11‑acre property with a 0.38‑acre medical office component and adjacent 1.73‑acre parcel; Medical office building constructed in 1980; Glass facade with stucco exterior
