505 S Glacier Drive Sherman, TX $ 550,000
505 S Glacier Drive
$ 550,000
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505 S Glacier Drive

Sherman, TX, 75092
$ 550,000
Bedrooms4 Baths2.1 Sq 3,283

Monthly Estimate*

$ 3,473

505 S Glacier Drive, Sherman, TX 75092 - Image 1

Single Family Home for sale in Sherman, TX

for $550,000 with 4 bedrooms and 2 full baths, 1 half bath. This 3,283 square foot home was built in 1986 on a lot size of 0.344.

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!

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Single Family Active

Price

$ 550,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.344

Year Built

1986

Town/City

Sherman

County/Region

Grayson

MLS | Web ID

21366995

Features
Interior
Interior Features Decorative Lighting Granite Counters High Speed Internet Available Walk-In Closet(s)
Flooring Carpet Ceramic Tile Wood
Basement Y/N 0
Dining Areas 2
Living Areas 1
Half Baths 1
Total Bedrooms 4
Total Baths 3
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General
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
Pool Y/N 0
Year Built 1986
Architectural Style Traditional
Levels Two
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
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Exterior
Waterfront 0
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)
Foundation Slab
Lot Size Dimensions 100x150
Structural Style Single Detached
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 505
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* Excluded Features
List By
Bryan Blagg

Listing Agent

Bryan Blagg Real Estate

Broker

Affordability Calculator

$3,473
Per Month
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Monthly Principal & Interest
$3,473
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
286495 Elementary School
3672418 Middle School
Pricing History
DatePricePrice ChangeDescription
8/22/2026$550,000 Listed Price

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505 S Glacier Drive, Sherman, TX, 75092 is a Single Family Home for sale at $550,000 with 3,283 sqft and a lot size of 0.344. 505 S Glacier Drive has 4 bedrooms, 2.1 baths, and was built in 1986. The property's zip code is 75092 which is in Sherman, TX