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Park Manor

1725 S. FM Rd. 1417, Sherman, Texas 75092

Park Manor Senior Apartments offers beautiful 1- and 2-bedroom apartments in Sherman Texas for seniors 55 and better. The rural wooded, park-like setting provides a peaceful retreat, while still being conveniently located to shops, restaurants, and more.

These senior apartments include wood laminate flooring, granite countertops, built-in microwaves, full-size washer & dryers, and huge walk-in closets. In addition, Park Manor offers on-site professional management, 24-hour emergency maintenance, garages and carports, a refreshing swimming pool, a fitness center, and a hot tub. Residents gather for events and activities in the clubhouse with a fireplace, TV, and kitchen.

Unit (Bd/Ba) Ft2 Rent
One Bedroom (1/1) 700 From $876
Two Bedroom One Bath (2/1) 820 From $1,051
Two Bedroom Two Bath (2/2) 900 From $1,051

Eligibility for Park Manor

Generally, households earning up to the income limit in the table below for their household size are eligible for units participating in the Low-Income Housing Tax Credit program in Sherman but actual income limits may differ for units at Park Manor.

AMI Band 1 Person 2 Person 3 Person 4 Person
Very Low Income (50%) $28,850 $33,000 $37,100 $41,200
Low Income (60%) $34,620 $39,600 $44,520 $49,440

Park Manor Details

  • 196 one and two bedroom units.
  • Low-Income Housing Tax Credit (LIHTC)

Property Amenities

  • Fitness Center
  • Community Room
  • Business Center
  • Clubhouse
  • On-Site Manager
  • 24hr Emergency Maintenance
  • Garage
  • Community Media Center
  • Landscaping
  • Smoke Free
  • Swimming pool

Unit Amenities

  • Central Air
  • Microwave
  • Cable & Internet Ready
  • Full-Size Washer & Dryer Connections
  • Energy-Efficient Lighting and Windows
  • New Appliances

Office Hours

Day Hours
Monday 8:30am-5:30pm
Tuesday 8:30am-5:30pm
Wednesday 8:30am-5:30pm
Thursday 8:30am-5:30pm
Friday 8:30am-5:30pm
Low-Income Housing Tax Credit (LIHTC)

Since this property has received funding in part through the Low Income Housing Tax Credit (LIHTC) program, a certain number of units are set aside for lower income households. Households must earn either less than 50% or 60% of the area median income (depending on the set-aside option chosen by the property owner) to qualify for these units. Rents in these units are capped at a maximum of 30% of the set-aside area median income (adjusted for unit size). Some rental units in this property may not be subject to LIHTC and therefore have higher rents and no maximum household income requirement.

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