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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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207 S Travis Street 207-20 , Sherman, TX 75090
$1,150,000
Est. Payment: $6,365.50/mo
6400 Sqft
0.14 Acres
Status: active | Days on site: 19
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MT100967 - 0694673
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House Description

Built in 1900, this landmark mixed-use building offers approximately 6,400 square feet along South Travis Street, near the gateway to Downtown Sherman.? Rich in historic character, the property presents an exceptional opportunity for investment, redevelopment, and adaptive reuse.? The building consists of four separately leasable units, including two highly visible street-front commercial spaces and two luxury residential lofts currently under construction.? One commercial space is leased to a local attorney, providing immediate rental income.? The two residential lofts may be accessed from the rear parking area or through a street-level stairway.? Once completed, the residences will offer a distinctive downtown living experience with convenient access to Sherman’s growing downtown district.? The commercial spaces provide long-term flexibility for a coffee shop, custom sandwich shop, boutique retailer, salon, or day spa.? The property also offers a professional street-front location ideally suited for a financial advisor, CPA firm, law office, or other professional-services business.? The City of Sherman continues to support downtown revitalization and may offer attractive incentives for qualifying redevelopment projects.? The property is also located within the Sherman Opportunity Zone, creating potential long-term investment and tax advantages.? With existing commercial income, two luxury residential lofts, multiple revenue streams, and a prominent downtown location, this distinctive property delivers character, visibility, flexibility, and long-term investment potential.?

Highlights

Listed by Josh Long , CAPROCK Real Estate Advisors LLC , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
0.14

Year Built

1900

County

Grayson

Neighborhood

Otp Sherman

Listing ID

21391565

Questions about this listing?

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Interior Features

Air Cond:Central Air
Fireplaces:
Floor:Concrete,Laminate

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Zoning:Commercial
Roof:Shingle
Others:
  • ▪ Additional:Preowned
Parking Features:Additional Parking,Private
Principal Interest
$6,366
Taxes
$1,096

Home Price

$1,150,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$230,000
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:
$6,365.50

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,365.50 $1,096.33 $0.00 $7,461.83
Yearly $76,386.02 $13,156.00 $0.00 $89,542.02
Total $2,291,580.53 $394,680.00 $0.00 $2,686,260.53

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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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: 2026-10-10T20:06:31.543Z

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