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$230,000
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Property Description
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.
Full Property Details
Full Property Details for 323 W Cherry St
General
- Price: $230,000
- Taxes: $2,467
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21349798
- Updated: 8/21/2026
- Added to Site: 22 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Double Vanity, Eat-in Kitchen, High Speed Internet, Loft, Multiple Master Suites, Open Floorplan, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered
Parking
- Parking Features: Driveway
Location
- County: Grayson
- Subdivision: Loving J P 1st Add
- Driving Directions: See GPS
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Washington
- Middle School: Sherman
- High School: Sherman
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Sewer Available, Water Available, Cable Available
Structural Information
- Property Detached: Yes
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Detached
- Roof: Composition
- Stories/Levels: 2
- Living Area: 1,832 Sq. Ft.
- Year Built: 1920
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.142
- Lot Size (Sq. Ft.): 6,185.52
- Lot Features: Interior Lot, Many Trees
- Fencing (Description): Chain Link
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $2,467
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOVING J P 1ST ADDN, BLOCK 1, LOT 3, ACRES .1
- Exclusions: Tenants Personal Belongings
- Property ID: 163594
- Block: 1
- Lot Number: 3
Listed by HomeRiver Group, Scott Yamamoto
Get Pre-Approved Today
Schools
Schools serving 323 W Cherry St
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School 815 South Travis Street, Sherman, TX 75090 | K-5 | 0.5 mi |
Piner Middle School 402 West Pecan Street, Sherman, TX 75090 | 6-8 | 0.3 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 323 W Cherry St
Date
Details
Price
Change
Source
8/04/2026
Listed
$230,000
—
MLS
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 323 W Cherry St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,467
-4%
$221,736
52%
2023
$2,570
-3%
$145,651
24%
2022
$2,655
—
$117,030
3%
2022
$2,655
29%
$113,283
34%
2021
$2,064
43%
$84,738
48%
2020
$1,440
16%
$57,436
24%
2018
$1,246
27%
$46,242
18%
2017
$982
11%
$39,134
10%
2016
$887
-38%
$35,627
-34%
2019
$1,426
53%
$54,332
45%
2015
$929
-2%
$37,378
-2%
2014
$952
-1%
$38,313
-2%
2013
$965
—
$39,230
—
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
Estimate the Cost for 323 W Cherry St
323 W Cherry Street, Sherman, TX 75090 (MLS# 21349798) is a Single Family property with 3 bedrooms and 3 full bathrooms. 323 W Cherry Street is currently listed for $230,000 and was received on August 04, 2026. Want to learn more about 323 W Cherry 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.

