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323 Cherry Street

Sherman, TX 75090

$209,999

3 bd · 3 ba · 1,832 sq ft · 0.14 ac

Bedrooms3
Bathrooms3
Living area1,832 sq ft
Lot size0.142 acres
Year built1920
Stories2
GarageNone listed
TypeSingle-family

What it costs to own

Taxes$2,467 per year
MUDNone listed
HOANone listed
Price per sq ft$115 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

HeatingElectric
CoolingCeiling Fan(s), Central Air, Electric
FlooringLuxury Vinyl Plank
AppliancesDishwasher, Electric Range
Interior featuresCable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, High Speed Internet Available, Loft, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)

RoofComposition
FoundationPillar/Post/Pier

Lot featuresInterior Lot, Many Trees
FencingChain Link
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Available

SubdivisionLoving J P 1st Add

ElementaryWashington
Middle schoolSherman
High schoolSherman
DistrictSherman ISD

MLS #21349798
Source
Price changeReduced by $20,001 · Sep 17, 2026
On the market30 days
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryAlbertsons · 1.4 mi
Nearest parkEly Park · 0.5 mi

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Listing courtesy of HomeRiver Group — Scott Yamamoto.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21349798. Information last updated September 17, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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