NOT LISTED FOR SALE

323 W Cherry St Sherman, TX 75090

Estimated Value: $282,417 - $291,000

3 Beds
3 Baths
1,832 Sq Ft
$157/Sq Ft Est. Value

Last Sold January 03, 2025

Current estimated payment $1,756/month

80 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Laundry in Utility Room
  • Wood Flooring
  • Interior Lot
  • Landscaped

About This Home

As of January 2025

Prime investment opportunity at 323 W Cherry St, Sherman, TX! This property offers great potential for rental income or a flip project. With its central location, close to downtown Sherman and amenities, it's perfect for investors looking to capitalize on the area's growth. A 2nd story has been added that will provide either a large room, or a game room or media room, down the hall from a full bath. Don't miss out on this promising asset!

Last Agent to Sell the Property

Ronnie Aroche

RE/MAX Four Corners Brokerage Phone: 469-323-0275 License #0732551 Listed on: 09/13/2024

RE/MAX Four Corners

Last Buyer's Agent

Niki Wagner

Lifestyles Realty Dallas, Inc License #0800646

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Chain Link Fence
  • Landscaped
  • Interior Lot
  • Few Trees

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Siding

Interior Spaces

  • 1,832 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Laundry in Utility Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Washington Elementary School
  • Piner Middle School
  • Sherman High School

Community Details

  • Loving J P 1St Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 163594
  • $3,414 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Notice Surveillance Devices Pres: None
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Accessory Unit YN: No
  • Attribution Contact: 469-323-0275
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Square Footage: 1832.00
  • Interior Amenities: Other
  • Flooring: Hardwood
  • Appliances: None
  • Basement YN: No
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Room Count: 8

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Chain Link
  • Roof: Composition
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Parking Features: Driveway
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • LaundryFeatures: Utility Room
  • Utilities: City Sewer, City Water, Concrete, Curbs, Individual Water Meter

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Sherman ISD
  • Elementary School: Washington

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Few Trees, Interior Lot, Landscaped
  • Lot Size Units: Acres
  • Lot Size Area: 0.1400
  • Parcel Number: 163594
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.4000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1920
  • SeniorCommunityYN: No

Tax Info

  • Unexempt Taxes: 3414
  • Special Taxing Entities: No
  • TaxBlock: 1
  • Tax Lot: 3

MLS Schools

  • Middle School Name: Piner
  • Elementary School Name: Washington
  • High School Name: Sherman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Dec 18, 2024
Sold by
Sww Properties Llc
Bought by
Yousaf Muhammad O
Seller's Agent
Ronnie Aroche
RE/MAX Four Corners
Buyer's Agent
Niki Wagner
Lifestyles Realty Dallas, Inc
List Price
$140,000
Views
104
Current Estimated Value
$286,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.06%
Original Mortgage
$207,500
Outstanding Balance
$205,682
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$81,027

Purchase Details

Closed on
Jun 6, 2023
Sold by
Dallas Metro Holdings Llc
Bought by
Sww Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2006
Sold by
Black Calvin and Caloway Mary A
Bought by
Minshew Robert W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yousaf Muhammad O -- None Listed On Document
Sww Properties Llc -- Simplifile
Dallas Metro Holdings Llc -- Texas Secure Title
Minshew Robert W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yousaf Muhammad O $207,500
Previous Owner Sww Properties Llc $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2025 01/03/25 Sold -- -- --
10/21/2024 10/21/24 Price Changed $138,000 -1.4% $75 / Sq Ft
09/13/2024 09/13/24 For Sale $140,000 -- $76 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,195 $221,736 $55,787 $165,949
2024 $3,195 $145,651 $50,788 $94,863
2023 $2,570 $117,030 $35,735 $81,295
2022 $2,655 $113,283 $35,735 $77,548
2021 $2,124 $84,738 $23,986 $60,752
2020 $1,507 $57,436 $12,116 $45,320
2019 $1,464 $54,332 $8,811 $45,521
2018 $1,160 $46,242 $5,752 $40,490
2017 $974 $39,134 $3,733 $35,401
2016 $887 $35,627 $3,733 $31,894
2015 $929 $37,378 $3,733 $33,645
2014 $952 $38,313 $3,733 $34,580
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    Ronnie Aroche

    RE/MAX

    (469) 323-0275

    3 in this area

    98 Total Sales

    Ronnie Aroche
    Section Image

  • N

    Buyer's Agent in 2025

    Niki Wagner

    Lifestyles Realty Dallas, Inc

    (903) 821-6224

    3 in this area

    13 Total Sales

    Niki Wagner
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20727995

North Texas Real Estate Information Systems (NTREIS)

APN: 163594

Texas Grayson County Sherman 75090

323 W Cherry St, Sherman, TX

Not Listed for Sale

Detached

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