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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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216 & 218 E Cherry St , Sherman, TX 75090
$412,500
Est. Payment: $2,123.73/mo
6 Bed
4 Bath
3288 Sqft
Status: active | Days on site: 144
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Located just minutes from the growing downtown Sherman area, 216 & 218 Cherry St offers a solid investment opportunity with strong rental potential. This full duplex features two spacious two-story units, each offering 1,644 square feet, 3 bedrooms, and 2 full bathrooms—an ideal layout for long-term tenants. Each side is designed with functionality in mind, featuring open living areas, well-equipped kitchens with stainless steel appliances, and comfortable bedroom arrangements. The two-story layout provides a separation of space that tenants appreciate, while still maintaining an efficient and livable floorplan. Outside, each unit includes its own fenced backyard, giving tenants a private outdoor space for pets, entertaining, or everyday use—an added feature that can help drive tenant retention and rental value. Whether you're looking to add a performing asset to your portfolio or live in one unit while leasing the other, this property offers flexibility and upside in a market that continues to see steady growth. With its proximity to downtown amenities, dining, and local development, 216 & 218 Cherry St is well-positioned for both immediate income and long-term appreciation.

Highlights

Listed by Cory Meals , eXp Realty LLC , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

2018

County

Grayson

Neighborhood

Blagg Samuel

School District

Sherman ISD

Listing ID

21227278

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Dishwasher, Electric Range, Microwave
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Ceramic Tile,Luxury Vinyl Plank
Other:
  • Additional:Open Floorplan, Pantry, Walk-In Closet(s)

Exterior Features

Garage Capacity:6
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Off Street,Open
Principal Interest
$2,124
Taxes
$814

Home Price

$412,500

Loan Details

30 yrs
6.674%

Down Payment

20%
$82,500
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,123.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,123.73 $813.67 $0.00 $2,937.40
Yearly $25,484.75 $9,764.00 $0.00 $35,248.75
Total $764,542.49 $292,920.00 $0.00 $1,057,462.49

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Sherman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T23:23:04.180Z

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