Property summary
This exceptional retail property at 201 E Houston Street, Sherman, TX, presents a unique investment opportunity. Spanning 11,407 square feet across three distinct units on a 0.17-acre lot, this historic building boasts prime visibility and high traffic counts. The west unit, measuring 1,907 square feet, benefits from dual street frontage on Houston and Walnut Streets, ideal for retail businesses seeking maximum exposure. The east unit, a spacious 4,750 square feet, offers versatile space… previously configured as office and warehouse areas. Upstairs, a captivating 4,750 square foot unit retains its original charm, featuring stunning original wooden doors, tin ceiling tiles, and hardwood floors. A highlight of this upper level is a magnificent 2,500 square foot great room with high ceilings, perfectly suited for a restaurant or similar high-ceilinged use. The property's strategic location on State Highway 56 (approx. 7,300 vehicles daily) and its proximity to US Highway 75 (approx. 50,000 vehicles daily) ensure exceptional visibility and accessibility. Surrounded by thriving businesses including Old Iron Post, Camino Viejo, The Wig and Gavel Pub, and Sage Cafe, this property offers immediate access to a vibrant and established commercial district. Priced at $555,000, this is a chance to acquire a piece of Sherman's rich history and capitalize on a high-demand location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.18 ac
- APN
- S034 2181116
- Assessed value · 2023
- $264,000
- Annual tax · 2022
- $7,764
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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