323 W Cherry Street
Sherman, Texas 75090
3
Bed
3
Bath
1,832Sqft
0.14Acre(Lot)
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 expandi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 3 Full Baths: 3 Half Baths: 0 -
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 BedroomAppliances
Dishwasher,Electric RangeUtilities
City Sewer,City Water,Curbs,Electricity Available -
Cooling Features
Ceiling Fan(s),Central Air,ElectricHeating Source
ElectricFireplace
Number of Fireplaces: 0
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Building Information
Built Year: 1920 Roof Type: Composition -
Exterior Features
Covered Patio/PorchFoundation
Pillar/Post/PierSecurity Features
Smoke Detector(s) -
Laundry Features
Utility Room,Full Size W/D Area,Dryer Hookup,Washer HookupFencing
Chain Link
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Lot Information
Lot Size (Acr): 0.1420 Lot Size Units: Acres Lot Size Square Feet: 6,186 Lot Features: Interior Lot,Many Trees -
Property Information
SQ ft (Living Area): 1,832 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: Loving J P 1st Add City: Sherman State: Texas Directions: See GPS Property Status: Active Exclusions: Tenants Personal Belongings Levels: Two Property Age: 106 Year Built Details: Preowned
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Listing Price Information
Original List Price: $230,000 List Price Tot SqFt: $126 -
Listing Information
Possession: Lease Outstanding
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Tax Information
Parcel Number: 163594 Tax Block: 1 Tax Legal Description: LOVING J P 1ST ADDN, BLOCK 1, LOT 3, ACRES .1 Tax Lot: 3 Unexempt Taxes: $2,467
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Parking Information
Garage Space: 0 Carport Spaces: 0 Parking Features: Driveway -
Homeowners Association Information
HOA Type: None
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School Information
Elementary School: Washington Middle School: Sherman High School: Sherman School District: Sherman ISD -
Utility Information
Utilities: City Sewer,City Water,Curbs,Electricity Available
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1972 Smith Oak Road, Sherman, TX, 75090 | $326,000 | 3 | 2 | 1,528 | 1.23 Acres |
| 1223 Old Ida Rd Street, Sherman, TX, 75090 | $239,900 | 4 | 2 | 1,791 | 1 Acre |
| 346 Smith Oak Road, Sherman, TX, 75090 | $850,000 | 4 | 3 | 2,787 | 48.09 Acres |
| 1489 Calf Creek Lane, Sherman, TX, 75090 | $359,000 | 3 | 2 | 1,120 | 2 Acres |
| 773 Pennell Road, Sherman, TX, 75090 | $450,000 | 4 | 2 | 2,307 | 1.00 Acre |
| 620 Pennell Road, Sherman, TX, 75090 | $195,000 | 3 | 2 | 1,095 | 1.42 Acres |
| 428 Pennell Road, Sherman, TX, 75090 | $412,000 | 3 | 2 | 1,680 | 9.39 Acres |
| 152 Pennell Road, Sherman, TX, 75090 | $215,000 | 3 | 2 | 1,120 | 1.00 Acre |
| 4034 Bethany Road, Sherman, TX, 75090 | $175,000 | 3 | 2 | 1,120 | 1.22 Acres |
| 1612 White Mound Road, Sherman, TX, 75090 | $799,000 | 3 | 2 | 2,098 | 9.41 Acres |
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
ByOwner last updated this listing 08/31/2026 @ 20:42
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