Paragon Realtors Real Estate

1509 E Magnolia StreetSherman, TX 75090Price: $225,000

  • Price: $225,000
  • Est. Mortgage of $/month
  • 174 Days on Market
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Federal 30-year interest rate: 6.37% last updated on May 7, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $225,000List Price
  • 3Bedrooms
  • 2Bathrooms
  • 0.23Acreage
  • 1,768Square Feet

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Listed by Ken Taylor of RE/MAX Signature Properties (903-200-5550)
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. Recent updates include a newly painted exterior shed, a new dishwasher, and a new kitchen sink and faucet installed in 2026. 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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Based on information submitted to North Texas Real Estate Information Services as of May 14, 2026 10:21 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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