Monday morning, Sherman Police announced that a Sherman man faces murder charges in the death of 37-year-old Jeremy Obar who was shot Friday at a residence in the 1500 block of South Austin Street.


SPD Sgt. Brett Mullen said in a release that police were called to that residence around 7:30 a.m. Friday by Beau Watson who said he had shot an intruder in his home.


"Upon arrival, officers located 37-year-old Jeremy Obar deceased in the residence," the release said.


"Sherman detectives, with assistance from the Texas Rangers, began an in-depth investigation into the incident. It was determined the shooting was premeditated and Beau Watson acted intentionally and maliciously in shooting/killing Jeremy Obar," the release continued.


Watson was placed under arrest on a charge of murder and transported to the Grayson County Jail.


Grayson County Court records show Watson is being held on a $500,000 bond.