C-2 Commercial Development
For Sale
$950,000
2424 Texoma Parkway, Sherman, TX 75090
CommercialSale, Sherman, TX
Property SizeContact for details
Lot Size1.15 Acres
Days on Market60
Property Features for 2424 Texoma Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C2-Retail Zone
Subdivision
Sherman
Directions
From Dallas, head North on US 75, and exit 63. Right onto E US 82 Frontage Road. Take 82 East and exit 643, to HWY 91 and Texoma Pkwy. Right onto N Texoma Pkwy. Property is on the Right. 2424 Texoma Pkwy, Sherman.
Standard status
Active
APN
156664
Lot size
1.15 Acres
Taxes and HOA fees
Tax Description
G-0504 HENDRIX REUBEN A-G0504, ACRES 1.15
Tax Annual Amount
10966
Legal Description
G-0504 HENDRIX REUBEN A-G0504, ACRES 1.15
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1948
Floors in Building
1
Number of units
33
Flooring type
Combination
Building materials
Brick
Roof type
Composition
Listing Agency:
Keller Williams Realty DPR
(972) 732-6000
Listed By:
Daniel Harker · License #0435185
(972) 732-6000
Added: Jul 4
Changed: Aug 19
Last Checked: Sep 1 at 7:06PM
MLS# 21237501
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 1.15-acre commercial land site includes three existing brick buildings dating to 1948. The property previously operated as a 33-unit drive-up motel, but motel operations are no longer permitted under City of Sherman regulations. Existing improvements may be renovated for commercial use, or the site can be cleared for new construction. The City of Sherman has agreed to demolish the three buildings if the buyer chooses ground-up development, subject to the stated conditions.
Located at 2424 Texoma Parkway in Sherman, the property sits along a primary commercial corridor with access to public water and public sewer. C-2 General Commercial zoning supports a range of uses identified in the source information, including retail, office, medical, restaurant, hospitality, and service businesses. The property is also designated as an Opportunity Zone, with any potential tax treatment subject to buyer eligibility and independent tax advice.
Located at 2424 Texoma Parkway in Sherman, the property sits along a primary commercial corridor with access to public water and public sewer. C-2 General Commercial zoning supports a range of uses identified in the source information, including retail, office, medical, restaurant, hospitality, and service businesses. The property is also designated as an Opportunity Zone, with any potential tax treatment subject to buyer eligibility and independent tax advice.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
522
Businesses Nearby
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - C-2 zoning supports retail, office, medical, restaurant, hospitality, and service uses, subject to applicable approvals.
Where is this commercial land located?
The property is located at 2424 Texoma Parkway Sherman, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 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
