Address
323 W Cherry Street, Sherman, TX
Price
$ 230,000
Property Attributes
- MLS#21349798
- TypeSingle Family
- Listing Status Active
- CountyGRAYSON
- CitySherman
- NeighborhoodLoving J P 1st Add
- Zip75090
- StyleSingle Family Residence
- Year Built1920
- Taxes$ 2467
- Price$ 230,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1832
- Lot Size0.142 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Turnkey Investment or Charming Future Residence Near Downtown Sherman Step into effortless ownership with this fully renovated 1920s charmer, located just blocks from Downtown Sherman’s vibrant square, local farmers market, dining, and easy freeway access. Blending historic character with modern updates, this spacious 3-bedroom, 3-bath home features a versatile upstairs suite with its own private bath—perfect as a guest retreat, primary suite, or dedicated home office. Investors will appreciate immediate, steady cash flow from day one with the property currently leased at $1,500 per month through January 9, 2027. Meanwhile, future owner-occupants can secure a beautifully updated character home today while earning guaranteed income until they are ready to move in. Whether you are expanding your rental portfolio with a hassle-free asset or locking in a prime residence near the heart of Sherman, this property offers an unmatched combination of historic warmth, modern functionality, and strong financial upside.
| Elementary School |
|---|
| Washington Elementary School |
| Price History | |
|---|---|
| 8/19/2026 | Listed $230,000 |
General Features
| Heating | Electric |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | City Sewer,City Water,Curbs,Electricity Available |
| Possession | Lease Outstanding |
| Roof | Composition |
| Appliances | Dishwasher,Electric Range |
| School District | Sherman ISD |
| Exclusions | Tenants Personal Belongings |
| Year Built | 1920 |
| Levels | Two |
| Unexempt Taxes | 2467 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Loving J P 1st Add |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| County | Grayson |
| Property Type | Residential |
| Security Features | Smoke Detector(s) |
| Year Built Details | Preowned |
| HOA Type | None |
| Full Baths | 3 |
| Status | Active |
| Directions | See GPS |
| City | Sherman |
| Elementary School Name | Washington |
| High School | Sherman |
| Elementary School | Washington |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21349798 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Cable TV Available,Decorative Lighting,Double Vanity,Eat-in Kitchen,High Speed Internet Available,Loft,Open Floorplan,Vaulted Ceiling(s),Walk-In Closet(s),Second Primary Bedroom |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 10 |
| Lock Box Type | Combo |
| Total Bedrooms | 3 |
| Total Baths | 3 |
| Laundry Features | Utility Room,Full Size W/D Area,Dryer Hookup,Washer Hookup |
Exterior Features
| Exterior Features | Covered Patio/Porch |
|---|---|
| Lot Features | Interior Lot,Many Trees |
| Fencing | Chain Link |
| Soil Type | Clay |
| Parking Features | Driveway |
| Lot Size | Less Than .5 Acre (not Zero) |
| Foundation | Pillar/Post/Pier |
| Lot Size Area | 0.1420 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Lot Size Square Feet | 6185.5200 |
| Lot Size Acres | 0.1420 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75090
Price
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
