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    Sherman, TX Motels for Sale

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    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
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Sherman, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Motel with Separate Tiny Home
    Motel with Separate Tiny Home

    1445 E State Highway 276, West Tawakoni, TX 75474

    $499,000
    2,550 sqft

    Motel property with kitchenette-equipped units, a separate tiny home, and utility, laundry, and storage areas.

    View details
    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
    Motel with Kitchenettes
    Motel with Kitchenettes

    1445 E State Highway 276, West Tawakoni, TX 75474

    $499,000
    0.86 AC lot

    Income-producing motel property with kitchenette-equipped rooms, a separate tiny home, storage, and business utility space.

    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

    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.

    Highway 377 Development Opportunity
    Highway 377 Development Opportunity

    10692 Old Willis Road, Kingston, OK 73439

    $924,000
    42.00 AC lot

    42-acre parcel near Lake Texoma with utilities installed.

    View details
    Corner Lot in Downtown Pilot
    Corner Lot in Downtown Pilot

    209 North Hill Street, Pilot Point, TX 76258

    $250,000
    22,651 sqft 0.50 AC lot

    Half acre commercial corner lot in downtown Pilot Point.

    View details

    Sherman, TX Motels Market Trends and Statistics

    Explore 1 motels for sale in Sherman, TX on our real estate platform.

    Sale prices for motels 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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