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  • $350k Price
  • .38 Acres
  • 1950 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $350k Price
  • .38 Acres
  • 1950 Year Built
  • Study
  • Game Room
  • Media
  • Pool

1331 Cherry Street
Graham, Texas 76450-4232

County: Young South Park

Exceptional investment opportunity at 1331 Cherry St. in Graham, Texas! Formerly known as Trinity Senior Living, this beautifully remodeled and updated 3,900 square foot property is offered fully furnished and thoughtfully designed with 9 bedrooms (2 of them are currently office and storage), spacious common living areas, a large kitchen, dining area, laundry room, and an inviting screened porch. The property features 3 full bathrooms, including an ADA-accessible spa-style shower room, plus 1 half bath, creating a functional layout for a variety of potential uses. The home is approximately 90 percent complete, with the primary remaining improvement being completion of the fire sprinkler system and related finish work. Currently fully staffed, this property presents an outstanding opportunity for an entrepreneur, investor, or operator seeking to complete and customize the final phase for their intended use. The flexible floor plan lends itself to a variety of possibilities, including a residential senior living concept (subject to licensing, zoning, and governmental approvals), corporate housing, a boutique hospitality venture, or other residential investment opportunities. Conveniently located in Graham, the property also offers easy access to some of North Texas’ premier outdoor destinations, including Possum Kingdom Lake (approximately 30 minutes to both the east and west sides), Graham Lake, and Hubbard Creek Lake in nearby Breckenridge, making it an attractive option for those exploring boutique lodging or vacation rental possibilities where permitted. Whether you’re looking to establish a residential care business, create a unique hospitality experience, or invest in a versatile commercial property, 1331 Cherry St. offers an exceptional foundation with tremendous upside.

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Essential Information

  • Price$350,000
  • Reduced By$49,000
  • Cumulative Days on MarketUnlock
  • MLS® #21337696
  • Acres0.38
  • Year Built1950
  • Built Desc.Preowned
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusActive
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Quick Valuation Analysis from 2 Active Listings

Pricing Trends from 2 Active Listings in South Park

This Home's Price $350,000 This Home's Price Per SqFt $
Average Price $299,500 Average Price Per SqFt $
Highest Price $350,000 Highest Price Per SqFt $
Lowest Price $249,000 Lowest Price Per SqFt $

Property Details

Community

  • Address1331 Cherry Street
  • SubdivisionSouth Park
  • CityGraham
  • CountyYoung
  • StateTexas
  • Zip Code76450-4232
  • UtilitiesCity Sewer, City Water, Electricity Available, Electricity Connected
  • Taxes8695

Amenities

  • SecurityFire Alarm, Fire Sprinkler System, Smoke Detector(s)
  • GaragesAdditional Parking, Circular Driveway, Concrete, Driveway

Interior

  • FloorsLuxury Vinyl Plank, Tile
  • Stories1
  • Disability FeaturesAccessible Approach with Ramp, Accessible Bath - Full, Accessible Grip, Accessible Hallway(s), Accessible Kitchen

Exterior

  • Lot DescriptionCorner Lot

Construction Details / Floorplan

  • Stories1
  • RoofComposition, Shingle
  • FoundationSlab
  • ConstructionBrick, Concrete

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Additional Information

  • ZoningReal Commercial

Private Listing Information (Registration Required)

Listing Details

  • AgentTrenton Mooney
  • OfficeSimplihom

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Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

Listing information last updated on November 9th, 2026 at 11:05am CST.