815 Pecan Grove Road E, Sherman, TX 75090
SINGLE_FAMILY - Sherman, TX
- Added:
- Jan 13, 2026
- Days on Market:
- 147
- Last Refresh:
- Jun 9 at 10:06 am
Property Features for 815 Pecan Grove Road E
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- 231142
- Lot size
- 0.92 Acres
Taxes and HOA fees
- Tax Description
- TEXOMA DERMATOLOGY CLINIC ADDITION, BLOCK 1,
- Tax Annual Amount
- 20003
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- Brick
- Roof type
- Shingle
Listing agent Will McDougal License #0811267 (903) 813-1415
Listing office Bluestone Partners, LLC Sherman, TX (903) 813-1415
Listing date Jan 13, 2026
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.
HighLights
- 5,250 SF medical office building built in 1985
- Brick construction with shingle roof
- Central heating and central air conditioning
- Public sewer; flexible medical layout with exam rooms, private offices, reception and waiting areas, procedure rooms, and storage
- Vinyl flooring and dedicated patient access with on‑site parking
- High‑speed connectivity noted; built for clinical operations
Overview
Located in a high-visibility area, the property benefits from proximity to nearby hospitals and easy access to major transportation routes. The surrounding market supports strong healthcare demand, making this an attractive option for both operators looking to expand and investors seeking a high-demand asset class.
This building is well-suited for medical groups and providers that need clinical rooms, a reception-driven front office, and dedicated patient flow. The multi-room configuration can accommodate a range of practice models, while the owner-user and investment appeal is strengthened by the immediate functionality of the space and its clear medical orientation.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.3k | $30.72 |
| − Vacancy | −$44.2k | −$8.42 |
| EGI | $117.1k | $22.30 |
| − OpEx | −$29.3k | −$5.58 |
| NOI | $87.8k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sherman
- County
- Grayson
- State
- Texas
- Longitude
- -96.605391
- Latitude
- 33.675336
