1407 E Wells Ave, Sherman, TX, 75090
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- Cooling features: Wall/Window Unit(s)
Features
- Eat-in Kitchen
Interior Area
- Total interior livable area: 420 sqft
Living Room
- Level: First
- Dimensions: 10 x 10
Master Bedroom
- Level: First
- Dimensions: 10 x 10
Property
Details
- Parcel number: 164676
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 6,011 sqft
- Features: Interior Lot,Subdivision
Parking
- Parking features: No Garage,On Site,On Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $252 | $3,024 |
| Home Insurance * | $53 | $636 |
| Property Taxes | $51 | $612 |
| Electricity | $238 | $2,859 |
| Total | $594 | $7,128 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Listed for sale | $50,000 |
For Sale by Agent
View on Zillow