421 E FM 501, Cherokee, TX 76832
Property image
Property image
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

Original price: $189,000
Est. Mortgage $1,185/mo*

$189,000

Original price: $189,000
Est. Mortgage $1,185/mo*
3 Beds
2 Baths
1,322 sqft
(on 1.32 acres)
We estimate this home will sell faster than 85% nearby.

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

Description

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.
We estimate this home will sell faster than 85% nearby.

Home Highlights

Parking
2 Carport Spaces
Outdoor
Deck
HOA
None
Price/Sqft
$143
Listed
25 days ago

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: 25

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
Last check for updates: about 3 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

Market trends in Cherokee

Last updated May 2026
Buyer'sMarketSeller'sMarket
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Sale-to-List Price
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Price History for 421 E FM 501

DatePriceEventSource
06/10/2026$189,900PriceChange
CHCBOR #104729
06/09/2026$189,000Listed For SaleHLMLS as distributed by MLS GRID #178305

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Property Tax and Assessment

Year2025
Tax$391
Assessment$91,890
Home facts updated by county records

Comparable Sales for 421 E FM 501

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4.47
Single-Family Home
-
03/03/26
3
3
3,481
3.57
Single-Family Home
-
07/31/25
-
-
4.34
Single-Family Home
-
05/11/26
-
-

Nearby homes

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Assigned Schools

These are the assigned schools for 421 E FM 501.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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 2026-07-05 03:37:46 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
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.