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Grayson, US
Mixed-use property located at 205 & 207 E Houston Street in Historic Downtown Sherman, just one block from Sherman Square. This unique building offers a combination of residential loft living above street-level retail space, creating an ideal opportunity for an owner-occupant or investor.
The second-floor loft features exposed brick walls, an open-concept living and kitchen area, two bedrooms, and two full bathrooms. Additional highlights include a large private back patio and a versatile all-season room suitable for a home office, studio, or additional flex space.
The ground floor consists of street-level commercial retail space with strong visibility and pedestrian traffic in one of Downtown Sherman’s active corridors. Surrounded by restaurants, shops, and entertainment venues, the location offers convenient access to the Square and nearby downtown redevelopment projects.
This property presents a flexible opportunity for live-work use or income-producing investment with potential retail, office, studio, or boutique tenant space below and residential living above.
Courtesy Of: Easy Life Realty
Feature Highlights
- Dining Room
- Family Room
- Tile Floor
General Features
- Style:
- Studio
- Foundation Type:
- Slab
- Garage:
- Additional Parking,Alley Access
Public Schools
- School District:
- Sherman ISD
- Elementary School:
- Henry W Sory
- Middle School:
- Piner
- High School:
- Sherman
Interior Features
- Baths Full:
- 2
- Beds Total:
- 2
- Room Count:
- 6
- Flooring:
- Carpet,Ceramic Tile,Concrete,Laminate
- Heating:
- Central
- Interior Features:
- Built-in Features,Decorative Lighting,Double Vanity,Eat-in Kitchen
- Number Of Living Areas:
- 1
- Number Of Dining Areas:
- 1
Exterior Features and Amenities
- Subdivision Name:
- Otp Sherman
- Roof:
- Flat
- Parking Features:
- Additional Parking,Alley Access
- Lot Size Units:
- Acres
- Lot Size Source:
- Appraiser
- Lot Size Area:
- 0.0710
- Lot Size:
- Less Than .5 Acre (not Zero)
- Architectural Style:
- Studio
Utility Information
- Utilities:
- All Weather Road,Alley,Cable Available,City Sewer,City Water,Curbs,Electricity Available,Electricity Connected,Individual Gas Meter,Individual Water Meter
Financial
- Unexempt Taxes:
- $12,815.00
- Transaction Type:
- For Sale
- Tax Legal Description:
- OTP SHERMAN, BLOCK 12, LOT PT 5 & 7, 31.1X100
Other Features
- Will Subdivide:
- No
- Year Built Details:
- Preowned
- Structural Style:
- Apartment
- Security Features:
- Smoke Detector(s)
- Possession:
- Closing/Funding
- Parcel Number:
- 161900
- Foundation Details:
- Slab
- Construction Materials:
- Brick
Directions
From Hwy 75, take Lamar and Houston Street exit, Lamar is one way street going East, Houston is one way going West.

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Data last updated: 2026-04-08.
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