4020 Texoma Pkwy

Sherman, TX 75090
  • $300,000

    Price
  • 2,040

    SqFt
  • 0.54

    Acre

About the Listing HBL00TO - 0759282,0792362

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. 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. Don't miss this opportunity to invest in booming Sherman, TX!

Listing Highlights for 4020 Texoma Pkwy

Status Sold
Days on Site 66
Property Type Commercial Sale
MLS ® 21373125
Year Built 1980
Total Square Footage 2,040
Lot/Acreage 0.54
County Grayson
Neighborhood G-0969

Interior Details

  • Appliances:
  • Air Cond: Central Air,Electric,Zoned
  • Heating: Central,Electric,Zoned
  • Fireplaces:
  • Floor: Carpet,Tile
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Cleared,Interior Lot,Irregular Lot,Landscaped,Level,.5 to < 1 Acre
  • Garage Capacity: N/A
  • Zoning: (349) MEDICAL OFFICE BUILDING
  • Roof: Built-Up,Flat
  • Others: Preowned
  • Sewer:
  • Parking Features: Additional Parking,Asphalt,Parking Lot,Paved

Financial Details

  • Tax Amount: $7,936
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 154538
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

4020 Texoma Pkwy Sherman, TX 75090

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Agent profile image in chat bubble
Agent profile image in chat header

Amy Downs

Expansion Partner | Team Leader | ADT Property Partners Group | DHS Realty

Agent profile image in message

or another way