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Central Business District

Central Business District

$218,350 Average Value

Sherman’s 150-year-old downtown district

In 1848, Sherman’s public square was built around a simple landmark – a large pecan tree. As the seat of Grayson County grew, everything from church services to court sessions were held under the tree branches. Sherman locals watched as clapboard stores, log saloons, colleges and banks opened around the anchoring tree, turning the town into an economic and academic cornerstone of North Texas. Today, Sherman’s Business District is not centered around a pecan tree but rather the large Grayson County courthouse and its surrounding businesses. The blocks around the courthouse comprise the city’s Central Business District, also known as downtown Sherman. The city’s rapid development has added new construction and modern touches while maintaining the size and feel of a centuries-old town center. “It still has a small feel to it,” says Clay Gilbert, a third-generation local and Realtor with Century 21 Real Estate. “There’s not a massive amount of traffic. It’s a little bit slower-paced and everybody’s pretty easygoing.”
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Three floors of vintage treasures at A Touch of Class

Downtown Sherman is anchored by the Grayson County courthouse on Houston Street, and the area is known for its many law offices. Sherman’s legal industry surrounds antique stores, restaurants and decades-old small businesses. A Touch of Class Antique Mall, a three-floor shop filled with vintage wares and booths from local artists, and Knight Furniture, which opened in 1912, are two of the longest-running businesses on Lamar Street. Restaurants range from local favorite lunch spot CJ’s Coffee Café to classic pub Old Iron Post, both on Travis Street. In addition to downtown’s small businesses, the Central Business District is 3 miles from the Sherman Town Center, which has many big box stores like Walmart, Target and Aldi.

The intersection of Cherry and Travis streets has multiple long-standing churches, such as Saint Stephen's Episcopal Church, Central Christian Church and First Baptist Church, as well as two local museums. The Sherman Museum on Walnut Street is open year-round with local history exhibits and rotating showcases, and the Sherman Jazz Museum on Lamar Street is open every Thursday. The small museum displays hundreds of vinyl records and exhibits on jazz legends like Maynard Ferguson, Roy Elridge and Ella Fitzgerald.
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A cup of coffee with Sherman’s mayor every month

Downtown serves as a gathering place for a calendar of weekly, monthly and yearly community events. The Sherman Farmer’s Market is held across from the courthouse every Saturday between April and September and offers fresh produce, flowers and eggs from local farmers. Different businesses take turns hosting the monthly Coffee with the Mayor event, where community leaders answer questions and make announcements over cups of complimentary coffee. In the fall, Stroll on the Square invites Sherman residents to browse downtown businesses while listening to live music and sipping on made-in-Texas wine.

Central Sherman blends modern and historic homes

Central Sherman has a mix of both new construction and renovated early 20th-century homes. This eclectic mix ranges from New Traditional and Contemporary properties built in the 2020s to bungalows and duplexes from the 1900s to 1940s. “It’s a fairly old community, so it has big, beautiful homes,” says Carol Layman, a Sherman local and real estate agent with Better Homes and Gardens Real Estate. “When you renovate them, the charm and character of another age come back.” While plenty of new builds have been added alongside existing residences, most of the sidewalks and trees have been around for decades, giving Central Sherman the look of an established, historic neighborhood. Homes in the area range from $200,000 to $400,000, regardless of their age. The Central Business District's CAP Index Crime Score is 6 out of 10, above the national average of 4.
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The quickly growing Sherman Independent School District

Sherman Independent School District is one of the fastest-growing school districts in Grayson County, with three new schools planning to open in the 2025-26 school year. Established schools include Washington Elementary School, which scored a B-minus on Niche, and B-rated Piner Middle School and Sherman High School. Sherman High is also expanding, with 20 new classrooms being added by 2025. Austin College, a four-year liberal arts school known for its music programs, is one of the largest colleges in the area and is less than 2 miles from Central Sherman.
Piner Middle School
Piner Middle School
Sherman High School
Sherman High School
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Binkley Park has biking trails at every level

Many of Sherman’s largest parks are on the west side of the Central Business District. Center Street Park on Center Street has a playground, a half-mile walking trail and two large fields that host soccer and flag football games. Center Street Park connects to Binkley Park, which is most known for its 10-mile mountain bike trail designed for both biking novices and experienced thrill-seekers. Herman Baker Park is the third large park on Center Street, with a 34-acre lake and a mile-long nature trail through thick woods. Herman Baker is less than a mile from Stone Creek Golf Club on Club House Drive, a public 18-hole course that hosts tournaments and events throughout the year.
Center Street Park
Center Street Park
Binkley Park
Binkley Park
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Texoma Parkway divides east and west Sherman

The Central Business District is one of Sherman's most walkable areas, with sidewalks linking multiple blocks of small businesses. To travel through the rest of the city, the fastest route is the Texoma Parkway, also known as Highway 75. It is the main highway through Sherman and divides the city into its established east side and developing west side. The freeway is also the fastest route to Denison, 11 miles away, and Lake Texoma, 14 miles away. The city of Dallas and Dallas Fort Worth International Airport are a 65-mile drive from Sherman.
Delaney Murray
Written By
Delaney Murray
Aaron Fisher
Photography Contributed By
Aaron Fisher
Christian Gortler
Video By
Christian Gortler

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Grant Gilbert, an experienced agent in this neighborhood.

Parks in this Area

Crime and Safety

1 - Low Crime, 10 - High Crime Central Business District US
Homicide 5 4
Sexual Assault 6 4
Assault with Weapon 6 4
Robbery 5 4
Burglary 6 4
Motor Vehicle Theft 6 4
Larceny 7 4
Crime Score 6 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes in Neighborhood
10
Median Year Built
1957
Average Single Family Home Size Sq Ft
1,555
Below the national average
1,924
Median Lot Size Sq Ft
8,712

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Grant Gilbert, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
184
Median Age
34
Population Density
2 ppl/acre
Population under 18
25.5%
On par with the national average
23.8%
Population over 65
6.5%
Below the national average
19.1%

Finances

Median Household Income
$47,500
Significantly below the national average
$71,702
Average Household Income
$98,583

Education and Workforce

High School Graduates
78%
College Graduates
9.8%
Below the national average
34.1%
Advanced Degrees
3.3%
% Population in Labor Force
52.6%
Below the national average
65.1%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
34°F
Average Summer High Temperature
93°F
Annual Snowfall
2''

Area Factors

Bikeable

Bike Score®

50 / 100

Somewhat Walkable

Walk Score®

68 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Central Business District
Grant Gilbert
C-21 DEAN GILBERT, REALTORS
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