Financial
Distress signals
Property profile

120 S Crockett St Sherman, TX 75090

FOR SALE
Other commercial real estate
Property ID
US83-3827778
6,569 SF 0.09 ac lot Built 1920
Last sale Apr 2025
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial office space located across from the Grayson County Courthouse, near the County Sheriff’s office, and a few blocks from the Federal Courthouse. It totals 3,000 square feet and is arranged with a reception area, six private offices, and two executive offices with views over Historic Sherman Square. The interior also includes a conference room, copy room, break room, and restrooms, and the space is configured for professional office use with flexibility for tenant improvements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value · 2023$588k
Assessed land$30k
Assessed improvement$558k
Effective rate2.00%

Value estimate

· Sep 2026
$350k
$315k – $385k
AI approach$350k
NOI build-up
Gross scheduled income$92k
Vacancy & credit loss−$25k
Operating expenses−$17k
NOI · 2,509.05% cap applied$50k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
2,509.05%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionGRAYSON

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office17.7
Pharmacy13.0
Parking Facility11.4

Location

120 S Crockett St Sherman, TX 75090
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1911 Loy Lk, Sherman, TX 75090-2806 $215,000 Sep 2024 4,050 SF
212 Travis, Sherman, TX 75090 $143,500 Sep 2024 4,236 SF
5920 Texoma, Sherman, TX 75090-2132 $383,210 May 2024 4,680 SF
612 Houston, Sherman, TX 75090-6060 $40,000 Mar 2022 2,596 SF
2926 Texoma, Sherman, TX 75090-1906 $230,000 Jul 2020 7,592 SF
1024 1st, Sherman, TX 75090-8004 $16,000 Apr 2019 5,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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