323 W Cherry Street

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.

Schools

Elementary

Washington

Middle

Sherman

High

Sherman

School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.

Property details

MLS #

21349798

Property Type

Residential

Status

For Sale

County

Grayson

Subdivision

Loving J P 1st Add

Lot Size

6,185.52 sqft

HOA Dues

None

Annual Taxes

$2,467

Days on Market

New (3 days)

Listed

Aug 18, 2026

Price per Sqft

$126