505 E Fm 501 Highway, Cherokee, TX 76832 - Photo 1

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$199,000

For Sale
Active
Single Family
3 Beds
1 Full Bath
1 Partial Bath
1,398 Sq. Ft.
7.81 Acres

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Property Description

It is a house that needs some fixing up and is a beautiful lot which has behind it a liveoak forrest. It is located in a wonderful small community and has very good well water and serviced by a very inexpensive electrical company, Central Texas Electric. Ths septic system was checked Jan 2024. Cherokee is located 20 minutes from Llano and San Saba and just west of Colorado Bend State Park. It has a k-12 school which keeps it pretty active for a small town and this place is on the edge of the town. The tract included next to it is beautiul wooded 5.49 acre with 3.1 acres in the back triange which has a beautiful wooded creek bed. There is a .36 acre triangle tract in between the two tracts.

Full Property Details

Full Property Details for 505 E Fm 501 Hwy

General

Price: $199,000
Status: Active
Type: Single Family
Source: Highland_Lakes_MLS
MLS ID: 174868
Updated: 11/20/2025
Added to Site: 143 day(s) ago

Interior

Rooms/Areas: Laundry, Utility Room Inside
Appliances: Washer Hookup, Electric Water Heater
Flooring: Laminate

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1

Bedrooms

Total Bedrooms: 3

Location

County: San Saba
Subdivision: None
Driving Directions: Go to Cherokee Texas turn east on farm to market 501 and it is the last house on the left.

School Information

High School District: Cherokee

Heating & Cooling

Cooling Type: Central Air
Heating Type: Electric

Utilities

Sewer: Septic Tank
Water: Well

Structural Information

Construction: Wood Siding, Vinyl Siding
Foundation: Crawl Space, Pier & Beam
Roof: Metal
Stories/Levels: 1
Square Feet: 1,398
Sq. Ft. Source: Appraiser
Living Area: 1,398 Sq. Ft.
Year Built: 1961

Unit Information

Residential Units: 1

Lot Features

Property View: Hill Country
Lot Size (Acres): 7.81
Lot Size (Sq. Ft.): 340,203
Lot Dimensions: 108 x 175 yards
Frontage: Highway
Fence: Yes
Topography: Cleared Land, Wooded Land
Fencing (Description): Barbed Wire, Wire, Fenced

Water Features

Water Front View: No

Financial Considerations

Price Per Sq. Ft.: $142.35

Disclosures and Reports

Legal Description: J Fromme Abst 365 Surv 87
Property ID: 1404

Listed by Jesse James Real Estate, Stanley Miller

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Listing agents

— 505 E Fm 501 Hwy —

Stanley Miller

Jesse James Real Estate
Stanley Miller

Jesse James Real Estate

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Schools

Schools serving 505 E Fm 501 Hwy

School District:Cherokee Independent School District

Name	Grades	Distance
Cherokee School 305 North Indian Avenue, Cherokee, TX 76832	PK-12	0.4 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 505 E Fm 501 Hwy Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/17/2025

Price Reduced

$199,000

-7.44%

MLS

9/26/2025

Price Increased

$215,000

59.26%

MLS

9/25/2025

Price Reduced

$135,000

-42.55%

MLS

8/28/2025

Price Reduced

$235,000

-32.86%

MLS

8/27/2025

Listed

$350,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 505 E Fm 501 Hwy

Year

Property Taxes

Change

Tax Assessment

Change

2022

$937

—

$66,510

2%

2022

$937

—

$65,520

7%

2022

$937

15%

$61,140

19%

2021

$817

—

$51,500

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Estimate the Cost for 505 E Fm 501 Hwy

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505 E Fm 501 Highway, Cherokee, TX 76832 (MLS# 174868) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 505 E Fm 501 Highway is currently listed for $199,000 and was received on August 27, 2025. Want to learn more about 505 E Fm 501 Highway? Do you have questions about finding other Single Family real estate for sale in Cherokee? You can browse all Cherokee real estate or contact a Coldwell Banker agent to request more information.

505 E Fm 501 Hwy Cherokee, TX 76832