How can I decrease text padding in the Image with Text box on Sense theme?

You can again try this code by following these steps:

Step 1: Go to Online Store->Theme->Edit code.

Step 2: Search file theme.liquid

Step 3: paste bellow code in tag → save.

div#ImageWithText--template--18207134384405__db55c6da-262d-465b-8119-816a51b8cd4c{ padding: 10px 40px 10px !important; }

Hope that my solution works for you.

Best regards,

Victor | PageFly