1331 Cherry Street
Graham, TX, 76450 $ 399,000
Bedrooms-- Baths-- Monthly Estimate*
$ 2,519
for $399,000. This building was built in 1950 on a lot size of 0.378.
Exceptional investment opportunity at 1331 Cherry St. in Graham, Texas! Formerly known as Trinity Senior Living, this beautifully remodeled and updated 3,900 square foot property is offered fully furnished and thoughtfully designed with 9 bedrooms (2 of them are currently office and storage), spacious common living areas, a large kitchen, dining area, laundry room, and an inviting screened porch. The property features 3 full bathrooms, including an ADA-accessible spa-style shower room, plus 1 half bath, creating a functional layout for a variety of potential uses. The home is approximately 90 percent complete, with the primary remaining improvement being completion of the fire sprinkler system and related finish work. Currently fully staffed, this property presents an outstanding opportunity for an entrepreneur, investor, or operator seeking to complete and customize the final phase for their intended use. The flexible floor plan lends itself to a variety of possibilities, including a residential senior living concept (subject to licensing, zoning, and governmental approvals), corporate housing, a boutique hospitality venture, or other residential investment opportunities. Conveniently located in Graham, the property also offers easy access to some of North Texas’ premier outdoor destinations, including Possum Kingdom Lake (approximately 30 minutes to both the east and west sides), Graham Lake, and Hubbard Creek Lake in nearby Breckenridge, making it an attractive option for those exploring boutique lodging or vacation rental possibilities where permitted. Whether you’re looking to establish a residential care business, create a unique hospitality experience, or invest in a versatile commercial property, 1331 Cherry St. offers an exceptional foundation with tremendous upside.
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FeaturesGeneralHeating Central Electric
Cooling Ceiling Fan(s) Central Air
Utilities City Sewer City Water Electricity Available Electricity Connected
Ceiling Height Less than 8 Ft
Possession Closing/Funding
Roof Composition Shingle
Year Built 1950
Business Type Nursing Home Residential
Business Name Trinity Senior Living
Property Subtype Business
Subdivision Name South Park
Accessibility Features Accessible Approach with Ramp Accessible Bath - Full Accessible Grip Accessible Hallway(s) Accessible Kitchen
Occupant Type Tenant
County Young
Property Type Commercial Sale
Construction Materials Brick Concrete
Year Built Details Preowned
Status Active
Directions GPS Friendly
City Graham
Standard Status Active
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ExteriorWaterfront 0
Lot Features Corner Lot
Lot Size Source Assessor
Parking Features Additional Parking Circular Driveway Concrete Driveway
Lot Size Less Than .5 Acre (not Zero)
Foundation Slab
Building Area Total 3924.00
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InteriorFlooring Luxury Vinyl Plank Tile
Total Stories 1
Total Units 9
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* Excluded FeaturesList ByTrenton MooneyListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $2,519
- Monthly Property Taxes
- $725
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyCommerical listings in Graham, TX
Average List Price $686,419
Percent of Sale Price 72%
About Graham, TX 8,663 Population
0% Since 2002
$ 44,439 Median Income
37.94 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/21/2026 | $399,000 | | Listed Price |