505 S GLACIER DRIVE, SHERMAN, TX 75092

Homes for sale in Sherman.

Homes for sale in 75092.


Active

List Price$550,000

505 S Glacier Drive

Sherman, TX 75092

Listing Image Listing Image

Listing #21366995

4

Bedrooms

2 full, 1 partial

Bathrooms

3,283

Square Feet

House

Type

About This Property

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!

Property Features

Location Information

County

Grayson

Subdivision

Parkhaven Add Sec 1

Interior Features

Rooms

Second Floor Bedroom, Second Floor Bedroom, First Floor Bedroom, First Floor Breakfast Room/Nook, First Floor Dining Room, Second Floor Full Bath, First Floor Half Bath, First Floor Kitchen, First Floor Living Room, First Floor Office, First Floor Primary Bathroom, First Floor Primary Bedroom, First Floor Utility Room

Has Fireplace

Yes

Interior

Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Walk-In Closet(s)

Number of Fireplaces

2

Master Bedroom Description

23 x 13

Heating

Central, Natural Gas

Full Baths

2

Cooling

Central Air, Electric

1/2 Baths

1

Floors

Carpet, Ceramic Tile, Wood

Dining Room Description

12 x 11

Laundry

Washer Hookup, Electric Dryer Hookup

Living Room Description

16 x 16

Appliances

Built-In Gas Range, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Trash Compactor, Vented Exhaust Fan

Kitchen Description

11 x 10

Exterior Features

Style

Traditional, Detached

Garage Spaces

2

Stories

2

Patio / Deck Description

Covered

Construction

Brick

Pool Description

None

Foundation

Slab

Lot Size in Acres

0.344

Roof

Composition

Lot Size in Sq. Ft.

14,984

Utilities

Electricity Connected, Sewer Available, Water Available

Lot Dimensions

100x150

Parking Description

Additional Parking, Aggregate, Circular Driveway

Is One Story

No

Has Garage

Yes

Windows Description

Window Coverings

School

Elementary School District

Sherman ISD

Jr. High School

Piner

Elementary School

Henry W Sory

High School

Sherman

Additional Information

Property Type

SFR

Status

Active

Property SubType 2

House

Has a Home Owners Association

No

Property SubType

Single Family Residence

Lot Acres Source

Other

Year Built

1986

Similar Listings

Mortgage Calculator

$2,567

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$1,981

Monthly Tax

$458

Monthly Insurance

$128

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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