Search
Office Building with Driveway Parking
New
For Sale
$475,000

721 W Washington Street, Sherman, TX 75092

CommercialSale, Sherman, TX

Property SizeContact for details
Lot Size0.37 Acres
Days on Market2

Property Features for 721 W Washington Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning description Residential
Parking features Open, Driveway, Garage
Subdivision Shannon T J Town
Lot features Corner Lot, Landscaped, Few Trees
Directions From hwy 75 turn west on Washington. Home is on the corner of Washington and Woods.
Standard status Active
APN 161930
Lot size 0.37 Acres

Taxes and HOA fees

Tax Description SHANNON T J TOWN PLAT, BLOCK PT 5, 100X161(C)
Tax Annual Amount 4687
Legal Description SHANNON T J TOWN PLAT, BLOCK PT 5, 100X161(C)

Utilities

Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Central Air, Electric
Water source Public

Building Details

Year built 1897
Floors in Building 2
Number of units 1
Flooring type Parquet Wood, Tile, Hardwood
Building materials VinylSiding
Roof type Composition
Listing Agency: PARAGON, REALTORS
Listed By: ROBIN PHILLIPS · License #0527127
Added: Sep 1 Last Checked: Sep 2 at 1:06AM
MLS# 21369860

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 office property occupies 0.368 acres and includes an existing building constructed in 1897. The interior features parquet wood, tile, and hardwood flooring, with central heating, natural gas, and central electric air conditioning. Parking is available through open areas, a driveway, and a garage. Public water and sewer serve the property, and the roof is composition shingle.

The property is near the economic center of Sherman and next to Hwy 75. Nearby businesses include an attorney’s office on the same block, a real estate office across the street, and a bank beyond it. A special use permit from the city of Sherman is required for office use.

Key Highlights

  • 0.368‑acre office property near the economic center of Sherman
  • Existing building constructed in 1897
  • Central heating and central electric air conditioning

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Locksmith Travel Agency Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,481
Businesses Nearby

Demographics for 75092, TX

27,186
Population
13,117
Households
2.1
Avg Household Size
39
Median Age
30%
College-Educated
94%
High-School Grad
113.9 sq mi
ZIP Area
239
Density / Sq Mi
$67,160
Median Household Income
$41,683
Median Earnings
$1,205
Median Rent
$260,100
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Central HVAC and multiple parking options accompany a finished interior; office use requires a special use permit.
Where is this office building located?
The property is located at 721 W Washington Street Sherman, TX.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 0.368‑acre office property near the economic center of Sherman; Existing building constructed in 1897; Central heating and central electric air conditioning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message