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$230,000
0.14± Acres
Active
Grayson County, TX
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323 Cherry, Sherman, Texas

MLS ID: 21349798
Status: Active
Price: $230,000
Acres: 0.14±
Type: Single Family, Residential
Address: 323 Cherry
City, State: Sherman, TX
County: Grayson County
ZIP Code: 75090
Lat/Long: 33.633364, -96.611877
Parcel Number: 163594
Bedrooms: 3
Bathrooms: 3
SqFt: 1,832
Year Built: 1920

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.

Directions: See GPS

Additional Information

Interior

Appliances: Dishwasher, Electric Range
Bathrooms Full: 3
Cooling (Yes/no): Yes
Cooling: Central Air, Ceiling Fans, Electric
Flooring: Luxury Vinyl Plank
Heating (Yes/no): Yes
Heating: Electric
Interior Features: Decorative Designer Lighting Fixtures, Double Vanity, Eat In Kitchen, High Speed Internet, Loft, Multiple Master Suites, Open Floorplan, Cable Tv, Vaulted Ceilings, Walk In Closets

Exterior

Architectural Style: Detached
Fencing: Chain Link
Foundation Details: Pillar Post Pier
Lot Features: Interior Lot, Many Trees
Lot Size Area: 0
Lot Size Square Feet: 6,186
Parking Features: Driveway
Patio and Porch Features: Covered
Roof: Composition
Stories: 2
Water Source: Public

Financial/HOA/Schools

Elementary School: Washington
Elementary School District: Sherman ISD
Middle School: Sherman
Middle School District: Sherman ISD
High School: Sherman
High School District: Sherman ISD
Subdivision Name: Loving J P 1st Add
Tax Annual Amount: 2467

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Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of August 19, 2026 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: August 19, 2026 at 12:00:00 PM UTC

Listed By: Scott Yamamoto of Homeriver Group