Paragon Realtors Real Estate

213 N Travis StreetSherman, TX 75090Price: $1,100,000

  • Price: $1,100,000
  • 41 Days on Market
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Federal 30-year interest rate: 7.24% last updated on Oct 29, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,100,000List Price
  • 0.08Acreage

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Listed by Josh Long of CAPROCK Real Estate Advisors LLC
Built in 1953, this landmark mixed-use building offers approximately 8,625 square feet at a prominent gateway to Downtown Sherman along North Travis Street.? Rich in architectural character, the property presents an exceptional opportunity for investment, redevelopment, and adaptive reuse.? The building consists of five separately leasable units, including a highly visible street-front commercial anchor space and four luxury residential lofts currently under construction.? The commercial space is currently leased to a barber school, providing immediate rental income.? The four residential lofts may be accessed from the rear parking area or by elevator from the street level.? Each residence will feature a private exterior balcony, creating an attractive downtown living experience.? The commercial space offers long-term flexibility for a restaurant, boutique retailer, salon, day spa, or another creative mixed-use concept.? 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, four luxury residential lofts, multiple revenue streams, and a prominent downtown location, this distinctive property delivers character, visibility, flexibility, and long-term investment potential.?

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Based on information submitted to North Texas Real Estate Information Services as of November 1, 2026 6:55 AM EST. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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