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About This Home

This 4-bedroom, 2-bathroom single family at 1027 E Lamar Street in Sherman, TX is listed for $120,000 ($84 per sqft). Built in 1920, the home offers 1,437 sqft of living space on a 0.15 acres lot.

Agent Description

Investor special AS IS in the heart of Sherman, TX 75090, a rare opportunity to finish out a high potential project where the heavy lifting is already done. This 4 bedroom, 2 bath home with 2,093 sq ft sits on a 6,638 sq ft lot and is ready for your vision.

Major upgrades are complete, including a new roof, professionally stabilized foundation, and newly built front porch, eliminating some of the biggest renovation expenses. The home is now in the finish out phase, allowing you to choose flooring, paint, and kitchen, bath finishes to maximize value. Electrical has a new board with partial rewiring, HVAC ductwork is in place with partial upstairs install, and plumbing has begun with drains and vents, ready for completion.

The spacious layout supports a desirable 4 bedroom configuration, ideal for resale or rental income. With easy access to Hwy 75, commuting to the DFW Metroplex is simple, while nearby schools, shopping, and dining add everyday convenience.

Located in a rapidly growing market fueled by major employers like Texas Instruments and GlobiTech, this property offers strong upside potential. Whether you’re flipping or holding, this is a strategic investment opportunity in a high growth area.

Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

Key Features

  • Built in 1920
  • 0.15 acre lot

Property Details

1 story
2 full
1920

Monthly Cost Estimate

$642/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

1027 E Lamar Street

Sherman, TX 75090

Chaffins 2nd Add

Features & Amenities

Interior Features

Open Floorplan

Exterior Features

Covered Patio/Porch

Property Details

Parking

Carport

Questions & Answers

This 4-bedroom, 2-bathroom single family at 1027 E Lamar Street is listed at $120,000 ($84/sqft). The estimated monthly payment is $520 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.15 acre lot. Interior Features: Open Floorplan. Exterior Features: Covered Patio/Porch.

This property is listed by Melissa Newman and can be reached at 8445159880 or melissa.newman@orchard.com.

MN

Melissa Newman

Agent at Orchard Brokerage

(844) 515-9880

Listed by Orchard Brokerage · View on Broker Site

MLS# 21252777· Source: listhub· Updated today

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1027 E Lamar Street, Sherman, TX 75090

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