About This Home

This 3-bedroom, 2-bathroom single family at 421 E FM 501 in Cherokee, TX is listed for $189,000 ($143 per sqft). Built in 1939, the home offers 1,322 sqft of living space on a 1.32 acres lot.

Key Features

  • Built in 1939
  • 1.32 acre lot
  • Fireplace

Property Details

1 story
2 full
1939

Amenities

FireplaceHardwood
Listing Description

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.

Monthly Cost Estimate

$1,011/mo

20% down · 6.5% · 30 years

Principal$137
Interest$819
Insurance$55

Estimates only. Actual payments may vary.

Location

421 E FM 501

Cherokee, TX 76832

Property Details

Flooring

Hardwood

Construction

Wood Siding

Outdoor Features

Deck

Questions & Answers

This 3-bedroom, 2-bathroom single family at 421 E FM 501 is listed at $189,000 ($143/sqft). The estimated monthly payment is $1,011 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1939, 1.32 acre lot, Fireplace.

This property is listed by Kathryn Boswell and can be reached at 3254233019.

KB

Kathryn Boswell

Agent at Virdell Real Estate

(325) 423-3019

Listed by Virdell Real Estate · Broker phone: 3252475776 · View on Broker Site

MLS# 178305· Source: Highland Lakes Association of Realtors MLS· 99 days on PropertySimple

Copyright © 2026 Highland Lakes Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

421 E FM 501, Cherokee, TX 76832

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