Last 24 Hours
$278,000
119-121 E Wall St, Sherman, TX, 75090
On Market
Just Added
Commercial
— Beds
— Bath
1,935 Sq Ft
Business
Built in 1953Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete, Laminate
Exterior
Lot Size1,995 sqft
Building Information
Year Built1953
Land Information
APNS034 221502902
Lot Number7
SubdivisionShannon T J Supplement
Land UseCommercial Real Property
Legal DescriptionSHANNON T J SUPPLEMENT, BLOCK D, LOT PT 7, ACRES .0458
Census Tract002000
Assessed Land Value$25,937
Assessed Improvement Value$212,706
Assessment Year2025
About this property
TWO UNITS for Sale on the coolest street in Downtown Sherman, WALL STREET. NOW only TWO units available, 119 and 121 are priced at $139,000 each. Just a half block off Travis Street and in the same complex as Lupe's Famous Tamales. Be part of the tremendous growth coming to Grayson County, with over 60 billion being invested in the Sherman Tech Center. 119 is currently vacant and listed for lease for $1000 a month and 121 is leased to a popular Tattoo business. City of Sherman offers Downtown Building Improvement Grants including grease traps and help with fire suppression systems. See information attached in Supplements about the Incentive programs offered by the City of Sherman.
Investor Tools
$0Estimated Mortgage Balance
$238,643Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,234
$238,643
2025
$25,937
$212,706
$238,643
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,234
$238,643
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$238,643
100%
0%
$0/mo
12.4%