What is the estimated monthly payment for 421 E FM 501?

Based on a $189,000 list price with 20% down at today's rates, the estimated monthly payment for 421 E FM 501 in Cherokee, TX is approximately $1,215 (about $981 principal & interest, $159 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.

What are the closest schools to 421 E FM 501?

The closest schools to 421 E FM 501 in Cherokee, TX are Cherokee School (K-12, rated 6/10).

How big is the lot at 421 E FM 501?

The lot at 421 E FM 501 in Cherokee, TX is about 1.5 acres .

Does 421 E FM 501 have parking?

Yes, 421 E FM 501 in Cherokee, TX has on-site parking.

FOR SALE

1.32 ACRES

421 E FM 501
Cherokee, TX 76832

3 Beds
2 Baths
1,322 sqft (on 1.32 acres)

$189,000

Est. Mortgage $1,197/mo*

Get Pre-Qualified

$189,000

Est. Mortgage $1,197/mo*

Get Pre-Qualified

3 Beds

2 Baths

1,322 sqft

(on 1.32 acres)

Home Highlights

Parking

2 Carport Spaces

Outdoor

Deck

Price/Sqft

$143

Listed

71 days ago

Local Information

Map ViewExplore the area around 421 E FM 501.
Schools1 Preschool School1 Elementary School1 Middle School1 High School
Shop & Eat

-- mins to

Commute Destination

About this House

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.

Last check for updates: 1 day ago

Listing courtesy of Kathryn B Boswell, (325) 423-3019

Virdell Real Estate, LLC

Tory Virdell, (325) 423-4237

Virdell Real Estate, LLC

Source: HLMLS as distributed by MLS GRID, MLS#178305

Also Listed on CHCBOR, HLMLS as distributed by MLS GRID.

Home Details for 421 E FM 501

Interior Features
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout Living Area: 1322 Square Feet
Fireplace & Spa Number of Fireplaces: 1Fireplace: OneHas a Fireplace
Windows, Doors, Floors & Walls Flooring: Hardwood
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneFloors: Hardwood
View Has a ViewView: Hill Country

Exterior Features
Exterior Home Features Roof: MetalPatio / Porch: Covered, DeckFencing: PartialFoundation: Pier & Beam
Parking & Garage Number of Carport Spaces: 2Number of Covered Spaces: 2Has a CarportNo GarageNo Attached GarageParking Spaces: 2Parking: 2 Car Carport
Frontage Waterfront: NoRoad Frontage: Farm to Market/Ranch RdNot on Waterfront
Water & Sewer Sewer: Septic Tank

Days on Market
Days on Market: 71

Property Information
Year Built Year Built: 1939
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialArchitecture: Bungalow
Building Construction Materials: Wood Siding
Property Information Parcel Number: 001422

Price & Status
Price List Price: $189,000Price Per Sqft: $143
Status Change & Dates Possession Timing: Closing/Funding

Active Status
MLS Status: Active

Location
Direction & Address City: CherokeeCommunity: None
School Information High School District: Cherokee

Agent Information
Listing Agent Listing ID: 178305

Building
Building Area Building Area: 1322 Square Feet

Lot Information
Lot Area: 1.32 Acres

Miscellaneous
Mls Number: 178305

Around this home

Cherokee School
PK-12
Public
123 Students
Cherokee Independent School District
6/10
GreatSchools Rating
Parent Rating Average
No reviews available for this school.

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Market trends in Cherokee

Last updated July 2026

Avg. sale price

—

Sale-to-List Price

—

Price per sq ft

—

Available listings

1MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
13315 N Highway 16, Llano, TX	4.47	Single-Family Home	-	03/03/26	3	3	3,481
TBD CR 226, Cherokee, TX	4.34	Single-Family Home	-	05/11/26		-	-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.

Address	Distance	Price	Bed	Bath	Sqft	Status
505 E FM 501, Cherokee, TX 76832	0.11	$187,000	3	1.5	1,398	For Sale
E Cherokee, Wrightsboro, TX 78677	0.31	-	-	-	-	Off Market
2 W Cherokee St, San Saba, TX 76877	0.31	-	-	-	-	Off Market
290 E County Road 409, Cherokee, TX 76832	0.33	$775,000	-	-	-	For Sale
218 E County Road 409, Cherokee, TX 76832	0.37	$615,000	Studio	-	-	For Sale
312 N Indian, Cherokee, TX 76832	0.41	$280,000	2	1.5	742	For Sale
301 Cherokee St, Cherokee, TX 76832	0.43	-	-	-	-	Off Market
302 N Shawnee St, Cherokee, TX 76832	0.44	$153,700	3	1	1,640	Off Market
14990 HWY 16, Cherokee, TX 76832	0.50	-	-	-	-	Recently Sold
600 Navaho Trl, Cherokee, TX 76832	0.56	$417,300	4	2.5	2,678	Off Market
604 W FM 501, Cherokee, TX 76832	0.60	$262,100	2	1	1,100	Off Market

Price and Tax history

Date	Event	Price
Jun 10, 2026 Source: CHCBOR #104729	PriceChange	$189,900 Price increased by 0%
Jun 9, 2026 Source: HLMLS as distributed by MLS GRID #178305	Listed For Sale	$189,000

Year	Property tax	Tax assessment
2025	$391	$91,890

LGBTQ Local Legal Protections

Additional Cost

Kathryn B Boswell, Virdell Real Estate, LLC

Agent Phone: (325) 423-3019

Based on information submitted to the MLS GRID as of 2026-08-18 13:42:45 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

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1.58 ACRES
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742 sqft
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Frequently asked questions about 421 E FM 501

What is the estimated monthly payment for 421 E FM 501?
Based on a $189,000 list price with 20% down at today's rates, the estimated monthly payment for 421 E FM 501 in Cherokee, TX is approximately $1,215 (about $981 principal & interest, $159 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
What are the closest schools to 421 E FM 501?
The closest schools to 421 E FM 501 in Cherokee, TX are Cherokee School (K-12, rated 6/10).
How big is the lot at 421 E FM 501?
The lot at 421 E FM 501 in Cherokee, TX is about 1.5 acres.
Does 421 E FM 501 have parking?
Yes, 421 E FM 501 in Cherokee, TX has on-site parking.

421 E FM 501, Cherokee, TX 76832 is a 3 bedroom, 2 bathroom, 1,322 sqft single-family home built in 1939. This property is currently available for sale and was listed by HLMLS as distributed by MLS GRID on Jun 9, 2026. The MLS # for this home is MLS# 178305.

421 E FM 501
Cherokee, TX 76832

$189,000