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3 Beds
2 Baths
1,322 sqft

$189,000

421 E FM 501, Cherokee TX, 76832

Price per sqft$142.97
Built in1939
Property size1,322 sqft
Property typeResidential
Courtesy of Virdell Real Estate, LLC, Listing Contact:

Overview

Active

Listed Jun 9, 2026

Updated Jun 11

Opportunity awaits in this charming small-town Texas property! Situated on 1.3+- picturesque acres, this 3-bedroom, 2-bath home is ready for a new owner to bring their vision and make it shine. The property features a beautiful yard shaded by towering mature oak and pecan trees, creating a peaceful setting with plenty of room to enjoy the outdoors. Whether gardening, entertaining, or simply enjoying the tranquility, this property is one to enjoy. A private water well, detached carport, and man cave/she shed and versatility and value. For investors, builders, or those looking to create a multi-generational homestead, the acreage offers exciting possibilities. The lot is large enough to potentially be divided for an additional residence, and even more adjoining land is available for purchase. Whether you're seeking a fixer-upper with character, a property with room to grow, or an investment opportunity with future development potential, this unique Cherokee gem is full of possibilities.

$1,257/mo

Est. mortgage payment based on a $189,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
178305

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Basement
No

Exterior Features

Lot Size
1.47 Acres

Other Property Details

View
Yes

Listings courtesy of Highland Lakes Association of REALTORS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jim Banks shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 4:21 AM UTC on 6/11/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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