Address
505 S Glacier Drive, Sherman, TX
Price
$ 550,000
Property Attributes
- MLS#21366995
- TypeSingle Family
- Listing Status Active
- CountyGRAYSON
- CitySherman
- NeighborhoodParkhaven Add Sec 1
- Zip75092
- StyleTraditional
- Year Built1986
- Price$ 550,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage3283
- Lot Size0.344 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Sturdy Custom Build with Incredible Value-Add Potential & 2.5% Assumable FHA Loan! Crafted with high-quality 2x6 exterior walls and elegant crown molding throughout. This property is a rare find, packed with premium upgrades like a butler’s pantry, custom granite countertops, and a clever storage closet tucked under the staircase. New roof in 2023. Lots of space for parking with a large circle drive in the front and a large concrete area in the rear. While the home is fully livable, it is ready for cosmetic updates and repairs (including sheetrock, flooring, paint, and fixtures) to truly restore its luster. This is the ultimate dream project for an ambitious homeowner or savvy investor looking to build immediate equity. The Mega Value-Add Opportunity: Currently standing at a spacious 3,283 sqft, this home features an incredible layout that can easily expand to 3,800 sqft. The roof and foundation are already in place for the expansion—all it takes is adding an exterior wall and extending electricity and HVAC duct work. A complete renovation plan is already drawn up, detailing how to seamlessly transform this into a 4-bedroom, 3-bathroom masterpiece. The home can even be renovated for a 3rd full bath and second primary bedroom upstairs. Unbeatable Silver Lining: Lock in an unprecedented, historically low 2.5% APR assumable FHA loan! Skip today's high interest rates and take over a spectacular financing rate. If you are looking for a rewarding project with a massive financial upside, let’s discuss the renovation plans today!
| Elementary School |
|---|
| Henry W Sory Elementary School |
| Price History | |
|---|---|
| 8/22/2026 | Listed $550,000 |
General Features
| Heating | Central,Natural Gas |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water,Electricity Connected |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Built-in Gas Range,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Trash Compactor,Vented Exhaust Fan |
| Number of Garage Spaces | 2 |
| School District | Sherman ISD |
| Year Built | 1986 |
| Architectural Style | Traditional |
| Levels | Two |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Parkhaven Add Sec 1 |
| Transaction Type | For Sale |
| Occupant Type | Owner |
| County | Grayson |
| Property Type | Residential |
| Construction Materials | Brick |
| HOA Type | None |
| Full Baths | 2 |
| Status | Active |
| Directions | From Hwy 56,South on Baker Park,left on Biscayne,right on Glacier and the house is on the left. From Center St,North on Baker Park,right on Calgary,left on Glacier and the house is on the right. |
| City | Sherman |
| Elementary School Name | Henry W Sory |
| High School | Sherman |
| Elementary School | Henry W Sory |
| Standard Status | Active |
| Listing Terms | Assumable,Cash,Conventional,FHA |
Interior Features
| Interior Features | Decorative Lighting,Granite Counters,High Speed Internet Available,Walk-In Closet(s) |
|---|---|
| Flooring | Carpet,Ceramic Tile,Wood |
| Fireplace Features | Living Room,Primary Bedroom |
| Fireplaces Total | 2 |
| Dining Areas | 2 |
| Living Areas | 1 |
| Room Count | 13 |
| Half Baths | 1 |
| Lock Box Type | Combo |
| Total Bedrooms | 4 |
| Total Baths | 3 |
| Window Features | Window Coverings |
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
Exterior Features
| Garage Length | 23 |
|---|---|
| Garage Width | 25 |
| Lot Size Source | Other |
| Parking Features | Additional Parking,Aggregate,Circular Driveway |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 2 |
| Foundation | Slab |
| Lot Size Area | 0.3440 |
| Lot Size Dimensions | 100x150 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 14984.6400 |
| Lot Size Acres | 0.3440 |
| Patio And Porch Features | Covered |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75092
Price
Year Built
Visits
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