323 W Cherry St Sherman, TX 75090
Sherman AreaEstimated payment $1,468/month
Highlights
- Two Primary Bedrooms
- Vaulted Ceiling
- Covered Patio or Porch
- Open Floorplan
- Loft
- Eat-In Kitchen
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.
Listing Agent
HomeRiver Group Brokerage Phone: 214-903-4663 License #0654059 Listed on: 08/04/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,467
Year Built
- Built in 1920
Lot Details
- 6,186 Sq Ft Lot
- Chain Link Fence
- Interior Lot
- Many Trees
Parking
- Driveway
Home Design
- Pillar, Post or Pier Foundation
- Composition Roof
Interior Spaces
- 1,832 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Vaulted Ceiling
- Ceiling Fan
- Decorative Lighting
- Loft
- Luxury Vinyl Plank Tile Flooring
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Double Vanity
Laundry
- Laundry in Utility Room
- Washer and Dryer Hookup
Outdoor Features
- Covered Patio or Porch
Schools
- Washington Elementary School
- Sherman Middle School
- Sherman High School
Utilities
- Central Air
- Heating Available
- High Speed Internet
- Cable TV Available
Community Details
- Loving J P 1St Add Subdivision
Listing and Financial Details
- Legal Lot and Block 3 / 1
- Assessor Parcel Number 163594
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,467 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/18/2026 08/18/26 | For Sale | $230,000 | +66.7% | $126 / Sq Ft | |
| 01/03/2025 01/03/25 | Sold | -- | -- | -- | View Prior Sale |
| 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 |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Warranty Deed | -- | Texas Secure Title | |
| Special Warranty Deed | -- | Simplifile | |
| Deed In Lieu Of Foreclosure | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | New Conventional | |
| Closed | $207,500 | New Conventional | |
| Previous Owner | $98,000 | New Conventional |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21349798
APN: 163594
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved
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