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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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323 W Cherry St , Sherman, TX 75090
$230,000
Est. Payment: $1,184.14/mo
3 Bed
3 Bath
1832 Sqft
Status: active | Days on site: 5
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

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.

Highlights

Listed by Scott Yamamoto , HomeRiver Group , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.14

Year Built

1920

County

Grayson

Neighborhood

Loving J P 1st Add

School District

Sherman ISD

Listing ID

21349798

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Electric Range
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Luxury Vinyl Plank
Other:
  • Additional:Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, High Speed Internet Available, Loft, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Second Primary Bedroom, Master on Main

Exterior Features

Lot:Interior Lot,Many Trees,Less Than .5 Acre (not Zero)
Roof:Composition
Others:
  • Additional:Covered Patio/Porch, Preowned
Parking Features:Driveway
Principal Interest
$1,184
Taxes
$206

Home Price

$230,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$46,000
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:
$1,184.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,184.14 $205.58 $0.00 $1,389.72
Yearly $14,209.68 $2,467.00 $0.00 $16,676.68
Total $426,290.36 $74,010.00 $0.00 $500,300.36

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: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems