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Mandy Petersen
REALTOR®
(254) 644-8648
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1027 E Lamar Street , Sherman, TX 75090

$120,000
  • 1027 E Lamar Street , Sherman, TX 75090 Main Photo

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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,437 MLS#21252777
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONChaffins 2nd Add SCHOOLSherman ISD

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.

1027 E Lamar Street | MLS# 21252777

This single family home located at 1027 E Lamar Street , Sherman, TX 75090 is currently listed for sale with an asking price of $120,000. This property was built in 1920 and has 4 bedrooms and 2 full baths with 1437 sq. ft. E Lamar Street is located in the Chaffins 2nd Add subdivision within the Sherman ISD school district. Search Chaffins 2nd Add real estate on mandypetersen.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Home Style: Traditional
Lot Size: 0.15 Acres
Roof Type: Shingle
Year Built: 1920

Amenities

Open Floorplan
Covered Patio/Porch

Feature Descriptions

Appliances: None
Days on Site: 1
Laundry: On Site
Lot: Corner Lot
Parcel#: 161531
Parking: Detached Carport
Parking Notes: Detached Carport
Patio/Porch: Covered, Front Porch
Utilities: City Sewer, City Water, Sewer Available

Local Schools

Elementary School: Dillingham
School District: Sherman ISD

Listed By / Shown By

Listed By

Agency Name: Orchard Brokerage
Agency Contact: 757-470-8221
Agent Name: Melissa Newman

agent picture

Shown By

Agent Name: Mandy Petersen
Agent Phone: (254) 644-8648
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 302.07 per month $267.07 Principal & Interest $0.00 Property Tax (data not provided by mls) $35.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/29/2026. The listing information on this page last changed on 04/29/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/29/2026 1:58:00 AM EST) or NTREIS (last updated Tue 04/28/2026 11:48:46 PM EST) or SABOR MLS (last updated Wed 04/29/2026 12:52:00 AM EST) or CTXMLS (last updated Tue 04/28/2026 11:34:23 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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