Listing provided courtesy of Orchard BrokerageMLS# 21252777MLS ProviderContact Information: Melissa Newman - 757-470-8221
  • 62 days on site
  • 2 views

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.

Source: North Texas MLS, MLS#: 21252777

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  • Property Type
    Residential
  • Lot
    0.15 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1027 E Lamar Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/28/2026Source: North Texas MLS Added to Database
April 28, 2026