$800,000
For Sale

808 S Austin St

Sherman, TX 75090
Type:Purchase
Structure:Land
Zone:Residential

Description

Vision of the Future in Sherman. Prime site off Hwy 75 Service Road and Center Street. Seize the opportunity to own nearly 1 acre of this prime commercial property in Sherman Texas. Strategically positioned within walking distance of downtown Sherman and all it’s charm and atmosphere, including shops, dining, and entertainment options within walking distance. Just 4 miles from Texas Instruments, GlobiTech, Tyson Fresh Meats, Emerson, and numerous other ‘chip manufacturing’ and supplier companies.
Envision a delightful bed-and-breakfast, extended stay accommodations, perhaps an Air BB since its only 1 hr from Oklahoma, or a boutique hotel catering to business travelers. With the booming industrial sector in the area and increasing demand for short-term lodging, this property offers immense potential for growth and profitability. There are a total of 8 lots (Survey is available) - Seller will not subdivide - and property has Lease Billboard on lot 12. Solar panel will be paid by Seller at closing. There are Tornado or Storm Shelters on property, as well as fishpond, gazebo and deck. Don’t miss your chance to be a pioneer in this historic and thriving community!

  • Property Details
      • Utility FeaturesCable Available, City Sewer, City Water, Concrete, Curbs, Electricity Connected, Individual Gas Meter, Individual Water Meter, Sidewalk,
      • Lot DescriptionAcreage, Few Trees, Lrg. Backyard Grass
      • Exterior MaterialsFire Pit, Storage
      • Property SubtypeImproved Land
      • SubdivisionPost Oak Add
      • School DistrictSherman ISD
      • Elementary SchoolWashington
      • MLS #20784939
      • MLS #20784939
      • CountyGrayson
      • Acres0.9840
      • Cost800000
      • Year Built1920

Location

Judy VaughnReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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