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$160,000

1313 E Lamar St, Sherman, TX, 75090

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.32 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Range, Gas Water Heater
FlooringVinyl

Exterior

Lot Size15,538 sqft

Building Information

Year Built1945
Roof Type109
Garage Spaces1

Land Information

APNS032 0963031
SubdivisionPilant G B A-G0963
Land UseResidential
Legal DescriptionG-0963 PILANT G B A-G0963, ACRES .3567, 115.9X135X114.3X135 115.9X135X114.3X135
Census Tract001500
Assessed Land Value$76,139
Assessed Improvement Value$73,044
Assessment Year2025

About this property

Welcome to this beautiful 2 bedroom, 1 bathroom home situated on an oversized lot just minutes from downtown Sherman. This property offers spacious bedrooms, a sunroom or craft room, large living room, separate dining with lots of storage. The property includes a detached garage for convenient parking and a sizable backyard featuring a storm cellar. Enjoy the perfect blend of comfort and style in this welcoming Sherman home.

Investor Tools

$0Estimated Mortgage Balance
$160,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

Interested in this property?

Colby Meals

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,302
$149,183
2025
$76,139
$73,044
$149,183
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,302
$149,183

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kight Family Limited Partnership #1
Seller Carryback / Seller Financing / Seller Take-Back
$45,200
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$160,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Sherman

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1313 E Lamar St | Property Details | No Agent List