Financial
Distress signals
Property profile

201 Houston St Sherman, TX 75090

OFF-MARKET
Commercial real estate
Property ID
US82-4754100
0.18 ac lot
Last sale Apr 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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

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?
$8k
Tax billed · 2022
Assessed value · 2023$264k
Assessed land$26k
Assessed improvement$238k
Effective rate2.94%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$240k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 Office23.1
Wholesale Shop17.3
Pharmacy17.3

Location

201 Houston St Sherman, TX 75090-5934
County assessor Recorded deeds · 1 transfer 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
2305 Graystone, Sherman, TX 75090-2746 $1,350,000 Mar 2024 600 SF
210 Travis, Sherman, TX 75090 $408,405 Feb 2024 1,875 SF
612 Houston, Sherman, TX 75090-6060 $40,000 Mar 2022 2,596 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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