323 W Cherry St, Sherman, TX 75090

$230,000
3
BD
3
BA
1,832
SqFt
List Price
$230,000
MLS#
21349798
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Detached
Year Built
1920
Construction Status
Preowned
Bedrooms
3
Full Baths
3
Acres
0.14
Living Area
1,832
County
Grayson
City
Sherman
Subdivision
Loving J P 1st Add
Number of Stories
2
Architecture Style
Detached

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.

Additional Information

Unexempt Taxes
$2,467
Lot Size
6,185
Acres
0.14
Lot Description
Irregular Lot, Trees
Interior Features
Decorative Designer Lighting Fixtures, Double Vanity, Eat-In Kitchen, High Speed Internet, Loft, Multiple Primary Suites, Open Floor Plan, Cable TV, Vaulted/Cathedral Ceilings, Walk-In Closet(s)
Flooring
Vinyl
Foundation
Pillar/Post/Pier
Roof
Composition
Stories
2
Pool Features
None
Parking Garage
Driveway
School District
Sherman Isd
Elementary School
Washington
Middle School
Sherman
High School
Sherman
Possession
SubjectToTenantRights
Community Features
Curbs

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Scott Yamamoto from HomeRiver Group. Contact: 214-903-4663

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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