New construction
$508,900
4 bd · 2.5 ba · 3,283 sqft · 14,985 sqft lot
505 S Glacier Dr, Sherman, TX 75092
Single family · Built 1986 · $155/sqft ·
$3,448/mo est. payment
- Garage
- 2 cars
- Stories
- 2
Flood factor 1/10
About this home
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!
Facts and features
Bedrooms
- Bedrooms: 4
- Primary Bedroom Dimensions: 23' x 13'
- Bedroom 1 Dimensions: 21' x 13'
- Bedroom 2 Dimensions: 15' x 15'
- Bedroom 3 Dimensions: 13' x 12'
- Primary Bedroom Level: First
- Bedroom 1 Level: Second
- Bedroom 2 Level: Second
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
- Primary Bathroom Dimensions: 12' x 12'
- Bathroom 1 Dimensions: 8' x 6'
- Bathroom 2 Dimensions: 12' x 8'
- Primary Bathroom Level: First
- Bathroom 1 Level: First
Interior Features
- Decorative designer lighting fixtures
- Granite counters
- High speed internet
- Walk in closets
- Flooring: Carpet, Ceramic Tile, Wood
- Window Features: Window Coverings
Appliances
- Built in gas range
- Dryer
- Dishwasher
- Disposal
- Gas water heater
- Microwave
- Trash compactor
- Vented exhaust fan
Other Rooms
- Utility Room Dimensions: 10' x 10'
- Utility Room Level: First
- Utility Room Features: Built In Features, Utility Room, Utility Sink
- Office: Yes
- Living Room Dimensions: 16' x 16'
- Office/Study Room Dimensions: 11' x 10'
- Living Room Level: First
- Office/Study Room Level: First
Heating and Cooling
- Cooling Features: Central Air, Electric
- Fireplace Features: Living Room, Primary Bedroom
- Heating Features: Central, Natural Gas
- Heating: Yes
- Number of Fireplaces: 2
Kitchen and Dining
- Breakfast Room Dimensions: 11' x 9'
- Breakfast Room Features: Built In Features, Butlers Pantry
- Breakfast Room Level: First
- Dining Room Dimensions: 12' x 11'
- Dining Room Level: First
- Kitchen Dimensions: 11' x 10'
- Kitchen Features: Breakfast Bar,Granite Counters,Pantry
- Kitchen Level: First
Garage and Parking
- Attached Garage: Yes
- Covered Spaces: 2
- Garage Spaces: 2
- Parking Features: Additional Parking, Aggregate, Circular Driveway
Schools
- 5
Henry W Sory Elementary School
elementary · K-5 · 0.4 mi
- 5
Piner Middle School
middle · 6-8 · 1.5 mi
- 5
Sherman High School
high · 9-12 · 3.3 mi
Texoma Christian School
elementary · K-12 · 0.8 mi
- 3
Wakefield Elementary School
elementary · K-5 · 0.8 mi
St Marys Catholic School
elementary · K-8 · 1.8 mi
Price history
- Oct 23, 2026 · Price Changed$508,900
- Aug 22, 2026 · Listed$550,000
- Oct 15, 2020 · Sold—
- Nov 16, 2019 · Listing Removed$345,000
- Oct 22, 2019 · Price Changed$345,000
- Sep 18, 2019 · Listed$359,500
- Mar 1, 2016 · Sold—
- Jul 24, 2015 · Listed$315,000
Tax history
- 2026$10,334 tax · $471,171 assessed
- 2025$10,187 tax · $464,472 assessed
- 2023$9,110 tax · $388,743 assessed
- 2022$8,282 tax · $353,403 assessed
- 2021$7,824 tax · $321,275 assessed
- 2020$7,830 tax · $312,421 assessed
- 2019$8,382 tax · $319,388 assessed
- 2018$8,193 tax · $303,977 assessed
Home value
$499,914
- Quantarium$499,914
- Cotality$544,300
- Collateral Analytics$498,000
Where it is
Listed by Bryan Blagg · Bryan Blagg Real Estate · NTREIS
