About 323 W Cherry Street
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.
Features of 323 W Cherry Street
| MLS® # | 21349798 |
|---|---|
| Price | $230,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,832 |
| Acres | 0.14 |
| Year Built | 1920 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 323 W Cherry Street |
|---|---|
| Subdivision | Loving J P 1st Add |
| City | Sherman |
| County | Grayson |
| State | TX |
| Zip Code | 75090-7207 |
Amenities
| Utilities | City Sewer, City Water, Curbs, Electricity Available |
|---|---|
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | No |
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 |
| Fireplace | No |
Exterior
| Exterior Features | Covered Porch(es) |
|---|---|
| Lot Description | Interior Lot, Many Trees |
| Roof | Composition |
| Foundation | Pillar/Post/Pier |
School Information
| District | Sherman ISD |
|---|---|
| Elementary | Washington |
| Middle | Sherman |
| High | Sherman |
Listing Details
| Agent | Scott Yamamoto |
|---|---|
| Office | HomeRiver Group |
| Contact Info | 214-903-4663 |
| Office Contact | 214-903-4663 |