Financial
Distress signals
Property profile

401 Sam Rayburn Fwy Sherman, TX 75090

OFF-MARKET
Other commercial real estate
Property ID
US82-9421397
9,550 SF 2.11 ac lot Built 1968
Last sale Oct 2025
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1.26-acre parcel in Sherman, Texas, with highway frontage on three sides, including frontage on State Highway 75. It is positioned for convenient access from Exit 59 on northbound U.S. 75. The land previously included a building, and city utilities are available. The front portion of the lot has new asphalt surfacing.

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?
$33k
Tax billed · 2022
Assessed value · 2023$1.39M
Assessed land$341k
Assessed improvement$1.05M
Effective rate2.37%

Value estimate

· Sep 2026
$980k
$882k – $1.08M
Submarket $/SF estimate$1.05M

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 Office13.1
Parking Facility10.2
Pharmacy9.5

Location

401 Sam Rayburn Fwy Sherman, TX 75090-7254
County assessor Recorded deeds · 3 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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