505 S Glacier Drive | Image 1
New

$550,000

For Sale

11 hours ago

505 S Glacier Drive, Sherman, TX

House

MLS® 21366995

4 Bed

3 Bath

3283 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 3283 sqft
Garage Yes
Taxes 
Days Active 1
Lot Size 0.344 Acres
Approx. Age 1986
Avg. Price Per Sqft $167
MLS® Number 21366995

Property Address: 505 S Glacier Drive, Sherman, TX, 75092

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number21366995
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1986
Basement
DrivewayAdditional Parking, Aggregate, Circular Driveway
Garage Spaces
HeatCentral, Natural Gas
A/CCentral Air, Electric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 22, 2026List Date
$550,000List Price
  • Commute

Commute

Starting Address
Destination Address
505 S Glacier Drive, Sherman, TX

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties