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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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520 S Sam Rayburn Freeway , Sherman, TX 75090
$475,000
Est. Payment: $2,445.51/mo
0 Bed
0 Bath
4400 Sqft
Status: active | Days on site: 137
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Rare opportunity to acquire two commercial buildings situated on two separate legal parcels in one of Sherman's fastest-growing commercial corridors. Located just minutes from US-75, this approximately 4,400-square-foot property offers exceptional visibility, accessibility, and flexibility for owner-users, investors, or redevelopment opportunities. The property features two separate buildings, allowing a buyer to occupy one building while leasing the other, create multiple income streams, or reconfigure the property to meet future business needs. Additional qualities include approximately 14-foot ceiling heights, multiple overhead doors, office reception area, fenced yard space, asphalt parking, and excellent street frontage. Positioned along the Sam Rayburn Freeway corridor, the property is surrounded by significant commercial growth, including continued expansion associated with Texas Instruments, the Denison Gateway development, and other major investments throughout the Texoma region. The two separately platted parcels provide flexibility for future ownership, leasing, or redevelopment strategies that are difficult to find in today's market. This is an outstanding opportunity for investors, owner-users, or businesses seeking a highly visible commercial property in one of North Texas' most active growth markets. Buyer to independently verify zoning, permitted uses, and development requirements with the City of Sherman. ***Building and land only. ****Business operations, equipment, inventory, and personal property are not included in the sale.

Highlights

Listed by Seychelle Van Poole , and Marie Hoke , Keller Williams Realty DPR , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.39

Year Built

1940

County

Grayson

Neighborhood

None

Listing ID

21231798

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Floor:Concrete

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Zoning:Commercial
Roof:Metal
Others:
  • Additional:Preowned
Parking Features:Garage,Off Street,On Site,Open,Outside,Parking Lot,Private,Workshop in Garage
Principal Interest
$2,446
Taxes
$350

Home Price

$475,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$95,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,445.51

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,445.51 $350.42 $0.00 $2,795.92
Yearly $29,346.08 $4,205.00 $0.00 $33,551.08
Total $880,382.26 $126,150.00 $0.00 $1,006,532.26

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Sherman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

© 2026 North Texas Real Estate Information Systems