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$225,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 0.23 Acres
  • 2 Car Garage
  • Updated 9 days ago
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Conveniently located near Hwy 75, restaurants, shopping, and within walking distance of parks and the elementary school, this home sits in an established neighborhood and offers an open floorplan filled with natural light, refinished original hardwood floors, and updated double-pane windows installed just two years ago. The eat-in kitchen provides a comfortable space for daily dining, and the primary bedroom includes its own ensuite bathroom for added privacy. Nearby parks feature walking trails, a basketball court, soccer fields, a skateboard area, a splash park, and a playground, and the home is just minutes from Austin College, Sherman schools, charming downtown Sherman, healthcare, and major employers including Texas Instruments, Tyson Foods, Emerson, GlobiTech, and GlobalWafers, making it ideal for commuters. Situated on a dead-end street, the property includes a large, fully fenced backyard with excellent shade, mature trees including pecan trees, a concrete patio for grilling, two storage sheds, one 12x24 shed with a concrete floor, and a classic clothesline, along with a two-car garage and a layout well suited for everyday living. Previously leased for $1,575 per month, this property makes an excellent starter home or investment opportunity and offers a chance to plant roots in a growing North Texas community as Sherman anticipates more than $40 billion in upcoming investment and sits just a short drive from the highly anticipated 3,000+ acre Preston Harbor development on Lake Texoma, anchored by the future Margaritaville resort.

Full Property Details for 1509 E Magnolia St

General

  • Price: $225,000
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21118543
  • Updated: 1/7/2026
  • Added to Site: 56 day(s) ago

Interior

  • Interior Features: Eat-in Kitchen, High Speed Internet, Open Floorplan, Cable TV
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven
  • Flooring: Hardwood, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Washer Hookup, Electric Dryer Hookup, In Garage

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Concrete, Door-Single, Driveway

Location

  • County: Grayson
  • Subdivision: G-0963 PILANT GBA-G0963
  • Driving Directions: From US-75 go east on Lamar. Right on S. Grand Ave. Left on E Cherry St. Right on Loving Ave. Left on E. Magnolia. Property on the left.

School Information

  • Elem School District: Sherman ISD
  • Midd School District: Sherman ISD
  • High School District: Sherman ISD
  • Elementary School: Crutchfield
  • Middle School: Sherman
  • High School: Sherman

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Central, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: Traditional, Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Brick
  • Roof: Composition
  • Windows: Window Coverings
  • Stories/Levels: 1
  • Living Area: 1,768 Sq. Ft.
  • Year Built: 1960

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 10,018.8
  • Lot Size Source: Public Records
  • Lot Dimensions: 60 x 170
  • Lot Features: Back Yard, Interior Lot, Lawn, Many Trees, Subdivision
  • Fencing (Description): Back Yard, Chain Link

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Property ID: 164344

Listed by RE/MAX Signature Properties, Angie Hackett and RE/MAX Signature Properties, Ken Taylor

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Listing agents

— 1509 E Magnolia St —

  • Angie Hackett

    RE/MAX Signature Properties

  • Ken Taylor

    RE/MAX Signature Properties

903-200-5550

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1509 E Magnolia St

School District:Sherman Independent School District
NameGradesDistance
Crutchfield Elementary School
521 South Dewey Avenue, Sherman, TX 75090
K-50.2 mi
Piner Middle School
402 West Pecan Street, Sherman, TX 75090
6-81.4 mi
Sherman High School
2907 West Travis Street, Sherman, TX 75092
9-123.6 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 1509 E Magnolia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$225,000
-2.17%
MLS
11/22/2025
Listed
$230,000
—
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 for 1509 E Magnolia St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,396
16%
$198,075
-1%
2023
$3,788
4%
$200,409
16%
2022
$3,634
—
$172,515
11%
2022
$3,634
23%
$155,059
28%
2021
$2,959
14%
$121,485
17%
2020
$2,594
5%
$103,475
12%
2018
$2,481
30%
$92,052
21%
2017
$1,913
8%
$76,232
7%
2016
$1,776
14%
$71,350
13%
2015
$1,564
-34%
$62,944
-30%
2019
$2,373
48%
$90,423
40%
2014
$1,604
1%
$64,556
—
2013
$1,592
—
$64,692
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1509 E Magnolia St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Signature Properties, Angie Hackett and RE/MAX Signature Properties, Ken Taylor

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1509 E Magnolia Street, Sherman, TX 75090 (MLS# 21118543) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1509 E Magnolia Street is currently listed for $225,000 and was received on November 22, 2025. Want to learn more about 1509 E Magnolia Street? Do you have questions about finding other Single Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

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