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Property 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.
Full Property Details
Full Property Details for 1407 E Wells Ave
General
- Price: $50,000
- Taxes: $337
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21265733
- Updated: 5/14/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Eat-in Kitchen
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Parking
- Parking Features: No Garage, On Site, On Street
Location
- County: Grayson
- Subdivision: Hams Frank South Highland
- Driving 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.
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Crutchfield
- Middle School: Sherman
- High School: Sherman
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Wood Siding
- Stories/Levels: 1
- Living Area: 420 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.138
- Lot Size (Sq. Ft.): 6,011.28
- Lot Size Source: Assessor
- Lot Features: Interior Lot, Subdivision
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $337
- Terms: Cash
Disclosures and Reports
- Legal Description: HAMS FRANK SOUTH HIGHLAND, LOT 10, ACRES 0.13
- Property ID: 164676
- Lot Number: 10
Listed by Real Broker, LLC, Rebecca Yavner
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Schools
Schools serving 1407 E Wells Ave
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Crutchfield Elementary School 521 South Dewey Avenue, Sherman, TX 75090 | K-5 | 0.3 mi |
Sherman Middle 2201 East Lamar Street, Sherman, TX 75090 | 6-8 | 0.8 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1407 E Wells Ave
Date
Details
Price
Change
Source
5/13/2026
Listed
$50,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1407 E Wells Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$15,362
10%
2023
100%
$13,965
-75%
2022
100%
$54,778
35%
2021
100%
$40,575
44%
2020
100%
$28,144
34%
2015
-100%
$20,955
166%
2018
$212
18%
$7,883
10%
2017
$180
-11%
$7,166
-12%
2016
$203
-22%
$8,162
-22%
2015
$261
14%
$10,501
21%
2019
$228
-4%
$8,671
-9%
2014
$237
1%
$9,546
—
2013
$235
—
$9,546
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1407 E Wells Ave
1407 E Wells Avenue, Sherman, TX 75090 (MLS# 21265733) is a Single Family property with 1 bedroom and 1 full bathroom. 1407 E Wells Avenue is currently listed for $50,000 and was received on May 13, 2026. Want to learn more about 1407 E Wells Avenue? Do you have questions about finding other Single Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

