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1027 E Lamar Street

Sherman, Texas 75090
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Bed 4

Bed

Bath 2

Bath

SqFt1,437

Sqft

Acres0.15

Acre(Lot)

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 configurati on, 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.

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Detail Ic Property Details

Property Type : Residential

Price : $120,000

AD Id : 77794563

MLS Id : 560206857

Beds : 4

Lot Size : 0.15 Acre

Living Area Size : 1,437

Year Built : 1920

County : Grayson

Subdivision: Chaffins 2nd Add

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2 Half Baths: 0
  • Interior Features

    Open Floorplan

    Appliances

    None

    Utilities

    City Sewer,City Water,Sewer Available
  • Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1920 Construction: Other Roof Type: Shingle
  • Exterior Features

    Covered Patio/Porch

    Foundation

    Slab
  • Laundry Features

    On Site

    Patio And Porch

    Covered,Front Porch

    Construction Materials

    Other

  • Lot Information

    Lot Size (Acr): 0.1520 Lot Size Units: Acres Lot Size Square Feet: 6,621 Lot Features: Corner Lot
  • Property Information

    SQ ft (Living Area): 1,437 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional Subdivision: Chaffins 2nd Add City: Sherman State: Texas Directions: Head north on US-75 N. Exit onto S Sam Rayburn Fwy. Turn right onto TX-56 E . Lamar St. Destination will be on the left Property Status: Active Levels: One Property Age: 106 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $120,000 List Price Tot SqFt: $84
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 161531 Tax Block: 21 Tax Legal Description: CHAFFINS 2ND ADDN, BLOCK PT 21, ACRES .1524 Unexempt Taxes: $1,999

  • Parking Information

    Garage Space: 0 Carport Spaces: 2 Parking Features: Detached Carport
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Dillingham Middle School: Sherman High School: Sherman School District: Sherman ISD
  • Utility Information

    Utilities: City Sewer,City Water,Sewer Available
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1972 Smith Oak Road, Sherman, TX, 75090 $326,000 3 2 1,528 1,528 SqFt
1206 Hayes Road, Sherman, TX, 75090 $239,999 3 2 1,038 1,038 SqFt
1223 Old Ida Rd Street, Sherman, TX, 75090 $244,900 4 2 1,791 1,791 SqFt
1489 Calf Creek Lane, Sherman, TX, 75090 $359,000 3 2 1,120 1,120 SqFt
8041 State Highway 11, Sherman, TX, 75090 $295,000 3 2 1,404 1,404 SqFt
773 Pennell Road, Sherman, TX, 75090 $462,900 4 2 2,307 2,307 SqFt
4504 Bethany Drive, Sherman, TX, 75090 $260,000 4 2 1,715 1,715 SqFt
248 Roan Lane, Sherman, TX, 75090 $1,495,000 3 3 2,688 2,688 SqFt
49 Bois D Arc Circle, Sherman, TX, 75090 $399,900 3 2 1,893 1,893 SqFt
85 Quail Run Road, Sherman, TX, 75090 $399,999 4 3 2,706 2,706 SqFt
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Disclosure: 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 2026. All rights reserved

ByOwner last updated this listing 06/07/2026 @ 07:26

MLS: 560206857 LISTED BY: Melissa Newman, Orchard Brokerage 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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