1509 E Magnolia Street
Sherman, TX, 75090 $ 230,000
Bedrooms3 Baths2.0 Sq 1,768 Monthly Estimate*
$ 1,435
for $230,000 with 3 bedrooms and 2 full baths. This 1,768 square foot home was built in 1960 on a lot size of 0.23.
Conveniently located near Hwy 75, restaurants, shopping, and within walking distance of parks and the elementary school, this home sits in an established neighborhood and offers an open floorplan filled with natural light, refinished original hardwood floors, and updated double-pane windows installed just two years ago. The eat-in kitchen provides a comfortable space for daily dining, and the primary bedroom includes its own ensuite bathroom for added privacy. Nearby parks feature walking trails, a basketball court, soccer fields, a skateboard area, a splash park, and a playground, and the home is just minutes from Austin College, Sherman schools, charming downtown Sherman, healthcare, and major employers including Texas Instruments, Tyson Foods, Emerson, GlobiTech, and GlobalWafers, making it ideal for commuters. Situated on a dead-end street, the property includes a large, fully fenced backyard with excellent shade, mature trees including pecan trees, a concrete patio for grilling, two storage sheds, one 12x24 shed with a concrete floor, and a classic clothesline, along with a two-car garage and a layout well suited for everyday living. Previously leased for $1,575 per month, this property makes an excellent starter home or investment opportunity and offers a chance to plant roots in a growing North Texas community as Sherman anticipates more than $40 billion in upcoming investment and sits just a short drive from the highly anticipated 3,000+ acre Preston Harbor development on Lake Texoma, anchored by the future Margaritaville resort.
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FeaturesInteriorInterior Features Cable TV Available Eat-in Kitchen High Speed Internet Available Open Floorplan
Flooring Hardwood Tile Vinyl
Basement Y/N 0
Dining Areas 1
Living Areas 1
Half Baths 0
Total Bedrooms 3
Total Baths 2
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GeneralHeating Central Natural Gas
Cooling Ceiling Fan(s) Central Air Electric
Utilities City Sewer City Water Electricity Connected Individual Gas Meter
Possession Negotiable
Roof Composition
Appliances Dishwasher Electric Cooktop Electric Oven
Number of Garage Spaces 2
Restrictions No Known Restriction(s)
School District Sherman ISD
Pool Y/N 0
Year Built 1960
Architctural Style Traditional
Levels One
Property Subtype Single Family Residence
Subdivision Name G-0963 PILANT GBA-G0963
Transaction Type For Sale
Occupant Type Owner
County Grayson
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
Accessory Unit Y/N N
HOA Type None
Full Baths 2
Status Active
Directions From US-75 go east on Lamar. Right on S. Grand Ave. Left on E Cherry St. Right on Loving Ave. Left on E. Magnolia. Property on the left.
City Sherman
Elementary School Name Crutchfield
High School Sherman
Elementary School Crutchfield
Standard Status Active
Listing Terms Cash Conventional FHA VA Loan
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ExteriorWaterfront 0
Lot Features Interior Lot Lrg. Backyard Grass Many Trees Subdivision
Fencing Back Yard Chain Link
Garage Length 19
Garage Width 18
Other Structures Shed(s)
Lot Size Source Public Records
Parking Features Concrete Driveway Garage Single Door
Lot Size Less Than .5 Acre (not Zero)
Foundation Pillar/Post/Pier
Lot Size Dimensions 60x170
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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* Excluded FeaturesList ByAngie HackettListing Agent
Re/Max Signature PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,435
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Sherman, TX
Average List Price $400,620
Percent of Sale Price 74%
About Sherman, TX 40,917 Population
14% Since 2002
$ 44,725 Median Income
34.63 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
286526 Elementary School
3672418 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/22/2025 | $230,000 | | Listed Price |