505 S GLACIER DRIVE, SHERMAN, TX 75092
Homes for sale in Sherman.
Homes for sale in 75092.
List Price$550,000
505 S Glacier Drive
Sherman, TX 75092
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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