505 E FM 501, Cherokee, TX 76832

Beds
3
Sqft
1,398

Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.

Listed byLandmasters Real Estate
  • 0
  • 0

Overview

Nestled just outside the quiet community of Cherokee, this unique 7+ acre property offers a blend of mature oak trees, open land, and endless potential. The property features a wet weather creek, pond, and a mix of wooded and cleared acreage, creating a peaceful rural setting with room to roam. The home is a work in progress and will require additional renovation, making it a great opportunity for investors, flippers, or buyers looking to create their own country retreat. Recent improvements include updated plumbing, portions of updated electrical, newer HVAC, some updated windows, and newer flooring already installed. The home is serviced by a well, and the septic system was pumped and inspected in early 2024. The property's unusual shape provides flexibility and potential for future division or multiple uses. The two highway access points would make subdividing a breeze. The acreage is fenced and suitable for livestock, horses, or simply enjoying wide open space and privacy. Conveniently located approximately 20 minutes from Llano, San Saba, and Colorado Bend State Park, this property offers rural charm with easy access to nearby amenities, including a K-12 school, and recreation.

Location

Full feature list

Basic info

Property type
House
Number of bedrooms
3
Square feet
1,398
Lot size (acres)
7.73
Year built
1961

Interior features

Laundry
Laundry Room

Exterior features

Water view
Yes

Utilities

Heating
Electric
Cooling
Central Air
Sewer
Septic System
Water
Private, Well

Public schools

Loading

Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Highland Lakes Association of Realtors MLS®#: 177842 Last checked:

 

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Highland Lakes Association of REALTORS®. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Highland Lakes Association of REALTORS®. All Rights Reserved.