216/218 E Cherry St, Sherman, TX, 75090
About This Home
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.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2018
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Microwave
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 4
Features
- Open Floorplan,Pantry,Walk-In Closet(s)
- Flooring: Ceramic Tile,Luxury Vinyl Plank
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total structure area: 3,288
- Total interior livable area: 3,288 sqft
Property
Details
- Parcel number: 163271
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 7,056 sqft
Parking
- Total spaces: 6
- Parking features: Open,Off Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Ice Storm
- Tornado
- Cold Wave
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,085 | $25,020 |
| Home Insurance * | $439 | $5,268 |
| Property Taxes | $422 | $5,064 |
| Electricity | $361 | $4,332 |
| Total | $3,307 | $39,684 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-02 | Listed for sale | $425,000 |
| 2026-01-02 | Listing removed | $449,000 |
| 2025-06-25 | Price change | $449,000 |
| 2025-05-22 | Price change | $490,000 |
| 2025-04-16 | Listed for sale | $503,000 |
For Sale by Agent
View on Zillow