323 W Cherry Street Sherman, TX 75090
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,832 sqft
Subdivision Loving J P 1St Add
MLS Listing ID 21349798
Bedrooms 3
Full Baths 3
HOA Y/N None
Year Built 1920
Annual Tax Amount $2,467
Lot Size 6,185 Sqft
Acres 0.142
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Grayson
Direction See GPS
Rooms
Dining Room 1
Interior
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
Heating Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Luxury Vinyl Plank
Appliance Dishwasher, Electric Range
Heat Source Electric
Laundry Utility Room, Full Size W/D Area, Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Covered Patio/Porch
Fence Chain Link
Utilities Available City Sewer, City Water, Curbs, Electricity Available
Roof Type Composition
Garage No
Building
Lot Description Interior Lot, Many Trees
Story Two
Foundation Pillar/Post/Pier
Level or Stories Two
Schools
Elementary Schools Washington
Middle Schools Sherman
High Schools Sherman
School District Sherman Isd
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21349798
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION