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$230,000

323 W Cherry Street

Sherman, TX 75090

Loving J P 1st Add

MLS #: 21349798

3beds
3baths
1,832sqft
0.14acres

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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.

Facts & Features

Year Built1920
Property TypeSingle Family Residence
HOANo
CountyGrayson

Schools

ElementaryWashington
Middle SchoolSherman
High SchoolSherman

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Listing data last updated Sep 8, 2026

Listing data last updated Sep 8, 2026