1407 E Wells Avenue, Sherman, TX 75090
Hams Frank South Highland · Grayson County
Key Facts
Description
Opportunity awaits on this generously sized property offering exceptional potential for redevelopment, investment, or a complete renovation project. The property includes an existing 1-bedroom, 1-bath home that will require substantial repairs and updates to restore habitability. Utilities are currently off and the structure is being sold as-is. Buyers and agents should use caution when entering the property. With land value at the forefront, this is an ideal chance to build new, reimagine the existing footprint, or secure a property with future potential in a growing area. Bring your vision and explore the possibilities this unique property has to offer. Interior measurements are estimates.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Traditional
Year Built
1920
Living Area
420 sq ft
Lot Size
0.14 acres
Days on Market
1
MLS® Listing#
21265733
Property Features
Interior
Appliances
Cooling
Parking
Lot Features
Construction
Sewer
Water Source
Schools
- Elementary:
- Crutchfield
- Middle:
- Sherman
- High:
- Sherman
- District:
- Sherman ISD
Financial Details
Annual Taxes
$337
Parcel Number
164676
Directions
From downtown Sherman TX, go East on Lamar to Grand Ave, turn right (South). Drive almost one half mile and turn left onto E Wells Ave. Destination will be on the left. Google Maps will take you there correctly.
Affordability Calculator
$10,000
Estimated monthly payment
$266/mo
Principal $40,000 · Est. interest $55,804 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Sherman, TX
- $318,519
- Median Listing Price
- 70
- Median Days on Market
- 1,849
- Median Sq Ft
- $162
- Median Price / Sq Ft
- 446
- Active Listings
- This home’s price is 84% below the area median.
- Its price per sq ft is 27% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Sherman, TX.
Location
- 1407 E Wells Avenue, Sherman, TX 75090
Points of Interest in Sherman, TX
Showing the Sherman area map.
Nearby Schools
Crutchfield Elementary School
Elementary · 0.3 mi away
Grayson Christian School
School · 0.5 mi away
Sherman High School
Secondary · 0.7 mi away
Jefferson Elementary School
Elementary · 0.8 mi away
Sherman Middle School
Secondary · 0.9 mi away
St Mary's School
School · 0.9 mi away
Washington Elementary School
Elementary · 0.9 mi away
Thomas Edison School
School · 1.0 mi away
Fred Douglass Early Childhood Center
School · 1.2 mi away
Covenant Presbyterian Pre School
School · 1.3 mi away
Piner Middle School
Secondary · 1.3 mi away
Tuck Street Early Education Center
School · 1.5 mi away
Montessori Academy of North Texas
Elementary · 1.9 mi away
Belden Street Montessori
Elementary · 1.9 mi away
Fairview Elementary School
Elementary · 2.2 mi away
Wakefield Elementary School
Elementary · 2.2 mi away
Grayson Christian School
Secondary · 2.3 mi away
Sory Elementary School
Elementary · 2.4 mi away
Sherman Independent School District
School · 2.4 mi away
Dillingham Intermediate School
Secondary · 2.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 132 Knollwood Drive, Sherman, TX | $56,999 | 3 | 2 | 1,216 |
Moving Cost Estimate
EXIT Agents in Sherman
Listing Courtesy: Real Broker, LLC - 214-785-8188
Presented by: Rebecca Yavner
Last Updated: 2026-05-12