1530 Texoma Pkwy Tom Bean, TX 75090
Estimated payment $8,544/month
About This Lot
This 3+- acres is centrally located in the heart of Sherman, TX surrounded by residential and commercial properties, with easy access and visibility to the major thoroughfares running through Sherman. The property is zoned multi-family (MF30), the city of Sherman has expressed that they would be open to the idea of changing the zoning back to commercial. A buyer would need to go through the proper zoning application required by the city of Sherman. Texas Instruments and GlobalWafers multi-Billion dollar expansions are approx. 5 miles away from this Location. Give broker a call for additional information or to schedule a site visit.
Listing Agent
Frazier Group Property Management Brokerage Phone: 940-566-7005 Listed on: 05/01/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $18,021
Lot Details
- 3 Acre Lot
- Corner Lot
- Cleared Lot
- Few Trees
- Zoning described as Zoned MF-30. The city has expressed they would be willing to complete a zoning change to commercial.
Schools
- Dillingham Elementary School
- Sherman High School
Utilities
- Overhead Utilities
Community Details
- Texoma Pkwy Subdivision
Listing and Financial Details
- Assessor Parcel Number 157394
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,021 | $524,889 | $524,889 | -- |
| 2024 | $18,021 | $821,638 | $367,422 | $454,216 |
| 2023 | $20,165 | $918,433 | $367,422 | $551,011 |
| 2022 | $20,199 | $861,888 | $366,502 | $495,386 |
| 2021 | $8,165 | $325,760 | $196,274 | $129,486 |
| 2020 | $12,616 | $480,697 | $196,274 | $284,423 |
| 2019 | $9,255 | $343,346 | $208,903 | $134,443 |
| 2018 | $7,218 | $287,690 | $208,903 | $78,787 |
| 2017 | $7,387 | $296,736 | $208,903 | $87,833 |
| 2016 | $8,009 | $321,740 | $208,903 | $112,837 |
| 2015 | $5,210 | $209,710 | $208,903 | $807 |
| 2014 | $5,210 | $209,710 | $208,903 | $807 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Price Changed | $1,295,000 | -13.4% | -- |
| 05/01/2025 05/01/25 | For Sale | $1,495,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | New Title Company Name |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,100,000 | New Conventional | |
| Closed | $843,750 | Commercial |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20922633
APN: 157394
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Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved
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