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$799,999

907 Cherry St, Graham, TX, 76450

Under ContractInfo
Beds4 Beds
Baths4 Bath
Baths3,222 Sq Ft
price_per_sqft$248.29 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater, Refrigerator, Vented Exhaust Fan, Water Softener
FlooringCarpet, Hardwood, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Outdoor Shower, Garden
Lot Size20,038 sqft

Building Information

Year Built2013
Garage Spaces2

Land Information

APN10847
Lot Number9,10
Land UseResidential
Legal DescriptionSHAWNEE PARK - BLK 2, LOTS 9-10
Census Tract950500
Assessed Land Value$33,300
Assessed Improvement Value$496,930
Assessment Year2025

About this property

PRICE IMPROVEMENT — A RARE OPPORTUNITY IN THE HEART OF GRAHAM. Welcome to 907 Cherry Street — a property that rarely becomes available and checks every box. Set beneath mature oak trees across from Shawnee Park and the public library, this luxury home offers privacy, charm, and a lifestyle increasingly hard to find. Spacious yet warm, it’s designed for both entertaining and everyday comfort. Inside, extensive living spaces, abundant natural light, and timeless details create a home that feels welcoming and connected — ideal for gathering, relaxing, and making memories. Step outside and discover a backyard built for Texas summers. The 9-foot diving pool and heated spa create a true resort-style experience, while covered porches with speakers, an outdoor shower, and garden space set the scene for pool parties, family gatherings, and quiet evenings under the stars. The insulated pool house, chicken coop, and 24x24 spray-foam insulated shop w alley access — all complete w water and electricity — offer exceptional flexibility for hobbies, storage, projects, workspace needs, or future use. A well house supports irrigation and pool use, while a new Class 4 impact-resistant roof, surround sound system, and security system provide comfort and peace of mind. Summer here feels like something out of a simpler time. Spend the morning by the pool, enjoy an afternoon on nearby lakes, then head to America’s Largest Downtown Square for dinner, live music, seasonal events, and community gatherings. Throughout summer, Graham comes alive with concerts, festivals, outdoor entertainment, and hometown traditions that create a sense of community connection rarely found today. Homes offering this combination of location, functionality, resort-style amenities, and authentic small-town Texas living are rare. 907 Cherry Street isn’t just a home — it’s the one buyers wait for. A place where summer lasts a little longer, neighbors still know your name, and life feels richer than you imagined.

Investor Tools

$405,320Estimated Mortgage Balance
$465,680Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,226 /month
Positive
Cash Flow Estimate:
$1,742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,008/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$530,230
2025
$33,300
$496,930
$530,230
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$530,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Va
$449,000
Yes
First
Jun 1, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$405,320
$465,680
53%
47%
$2,692/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Graham

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907 Cherry St | Property Details | No Agent List