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Commercial Land for Sale in Sherman, Texas

4020 Texoma Pkwy, Sherman, TX 75090

$500,000
2.1 acres
Active sale
ago
Est $3,216/mo

MULTIPLE OFFERS RECEIVED. Interested buyers are encouraged to submit offers for consideration on Friday, September 4. Prime Commercial Property! Frontage on Texoma Parkway! Sherman, Texas, is experiencing rapid growth driven by major industrial projects such as Texas Instruments ($30B investment, 3,000 jobs) and Global Wafers ($5B investment, 1,500 jobs). The surge in development is creating strong demand for retail, entertainment, health care services, and housing. The City of Sherman is focusing on balancing rapid growth with infrastructure to ensure development is supported by adequate services. Strategic Location - 40 miles north of DFW Metroplex, with direct access to U.S. Highway 75, I-35, and major rail networks. Business-Friendly Climate - No corporate or personal income tax, local tax abatements, and customized incentive packages encourage business. The area offers a skilled labor force supported by Grayson College's health care and nursing programs and Austin College's STEM and business programs. Lower Cost of Doing Business - Affordable land, utilities, and workforce compared to Dallas-Fort Worth and other major metros. This office building has been home to a successful medical practice since 1980. The property presents an excellent investment opportunity to purchase now and grow equity as the area continues to expand. With an eye-catching glass facade and sturdy stucco exterior, the building is ideal for a variety of business ventures. The 1.73 acres adjacent to the property is included, however, the office and land can be purchased separately. This is an ideal buy and hold investment opportunity with an instant rental income stream. The existing owner desires to remain in the building as a lease tenant. Medical office with .38 acres and the adjacent land parcel with 1.73 acres can be purchased separately. Don't miss this opportunity to invest in booming Sherman, TX!

Sq feet
1980
Built

Location

Street address
4020 Texoma Pkwy
Zip code
75090
Community
W F Patterson Surv Abs #969
Elevation
789 feet
Coordinates
33.6793, -96.5881

Directions

From Hwy 75, exit at Hwy 82 East. Travel east on Hwy 82 to Texoma Pkwy. Travel north on Texoma Parkway approximately 1 mile. The property is located on the west side of the road.

Property details

Acreage
2.11 acres
Zoning
(349) MEDICAL OFFICE BUILDING (300) COMMERCIAL LAND VACANT
MLS #
NTREIS 21373125
Posted

Property taxes

Recent
$7,936

Parcels

  • 154538

Legal description

Details and features

Listing

Type
Commercial Sale
Subtype
Office

Lot

Features
Acreage, Cleared, Interior Lot, Irregular Lot, Landscaped, Level

Exterior

Parking
Parking Lot

Structure

Stories
1
Water
Public
Sewer
Septic Tank
Heating
Central, Electric, Zoned
Cooling
Central Air
Materials
Stucco
Roof
Built-Up, Flat

Interior

Flooring
Carpet, Tile
Security
Security

Listing history

DateEventPriceChangeSource
Aug 31, 2026New listing$500,000NTREIS
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This 2.11-acre property is located at 4020 Texoma Pkwy in Sherman, TX 75090. The property is available for sale, priced at $500,000. It has a structure built in 1980.

Listed by HBL, Realtors, (903) 624-0688

Checked 2 hours agoUpdated Source

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