1027 E Lamar St, Sherman, TX 75090

$120,000
4
BD
2
BA
1,437
SqFt

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List Price
$120,000
MLS#
21252777
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
1920
Construction Status
Preowned
Bedrooms
4
Full Baths
2
Acres
0.15
Living Area
1,437
County
Grayson
City
Sherman
Subdivision
Chaffins 2nd Add
Number of Stories
1
Architecture Style
Traditional, Detached

Property 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.

Additional Information

Unexempt Taxes
$1,999
Lot Size
6,621
Acres
0.15
Lot Description
Corner Lot
Interior Features
Open Floor Plan
Foundation
Slab
Roof
Shingle
Stories
1
Pool Features
None
Carport Spaces
2
Parking Garage
Detached
School District
Sherman Isd
Elementary School
Dillingham
Middle School
Sherman
High School
Sherman
Possession
CloseOfEscrow

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Melissa Newman from Orchard Brokerage. Contact: 757-470-8221