421 E FM 501, Cherokee, TX 76832
Property image
Property image
FOR SALE
1.32 ACRES

$189,000

Original price: $189,900
  • 3 Beds
  • 2 Baths
  • 1,322 sqft (on 1.32 acres)

421 E FM 501, Cherokee, TX 76832

Est. Mortgage $1,260/mo*
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Home Highlights

Single-Family Home
Built in 1939
1.32 acre lot
$143/sqft
2 Carport Spaces

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

What's unique:Detached carportPicturesque acres
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: about 23 hours 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 Unlock MLS, CHCBOR.

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: 157

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

Price and Tax history

DateEventPrice
Nov 13, 2026
Source: Unlock MLS #6543649
PriceChange
$189,000
Price decreased by 0%
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

Around this home

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 October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
8
1
MoM
Sourced by Trulia Market Trends

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
4.47
Single-Family Home
-
03/03/26
3
3
3,481
4.34
Single-Family Home
-
05/11/26
-
-
4.85
Single-Family Home
-
10/21/26
-
-
7.56
Single-Family Home
-
08/10/26
5
3.5
2,978

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
0.02
$598,600
3
2
1,517
Off Market
0.07
-
Studio
-
880
Off Market
0.07
$167,000
Studio
-
1,488
Off Market
0.10
$282,600
Studio
-
1,680
Off Market
0.12
-
Studio
-
2,750
Off Market
0.13
-
Studio
-
2,074
Off Market
0.17
-
-
-
-
Off Market
0.20
-
-
-
-
Off Market
0.20
-
Studio
-
2,319
Off Market
0.20
$173,500
Studio
-
1,024
Off Market
0.20
-
3
2
15,000
Off Market
0.21
-
Studio
-
1,970
Off Market
0.21
$151,800
Studio
-
1,334
Off Market
0.23
-
Studio
-
1,272
Off Market
0.24
-
Studio
-
4,408
Off Market
0.25
-
Studio
-
1,427
Off Market
0.25
-
Studio
-
936
Off Market
0.27
-
Studio
-
1,908
Off Market
0.27
$288,400
Studio
-
2,725
Off Market
0.28
-
Studio
-
800
Off Market

LGBTQ Local Legal Protections

Kathryn B Boswell, Virdell Real Estate, LLC
Agent Phone: (325) 423-3019
Based on information submitted to the MLS GRID as of 2026-11-13 02:12:37 PST. 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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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 $1,289 (about $1,055 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.