SHERMAN, Texas (KTEN) -- An early 1900s residence on North Woods Street in Sherman was on a block to be demolished until the new homeowner decided to restore it.

"Some of these older homes that were built in the 20s and 30s, they have some of the best lumber still left in them," said Chip Matthew, superintendent of the Quality Neighborhoods Program. "And if it's done correctly like this house was done, it'll be here another 100 years."

The house was opened to the public for tours on Thursday.

Texas Rep. Reggie Smith, Sherman's mayor and a few other key names walked through the doors.

"I've been doing this for 25 years, and this is house No. 2," said Matthews. "So it really gets into, especially right now in today's economy, it gets down into the finances, and is it worth doing it. And in this particular case, the home is extremely beautiful."

Attendees also enjoyed free food and drink.