505 S Glacier Drive, Sherman, TX 75092
Local realty services provided by:ERA Empower
505 S Glacier Drive,Sherman, TX 75092
$550,000
- 4 Beds
- 3 Baths
- 3,283 sq. ft.
- Single family
- Active
Listed by: bryan blagg
Office: bryan blagg real estate
MLS#:21366995
Source:GDAR
Price summary
- Price:$550,000
- Price per sq. ft.:$167.53
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!...
Contact an agent
Home facts
- Year built:1986
- Subdivision & Development:Parkhaven Add Sec 1
- Listing ID #:21366995
- Added:1 day(s) ago
- Updated:August 22, 2026 at 09:51 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Carpet, Ceramic Tile, Wood
- Kitchen Description:Built In Gas Range, Dishwasher, Disposal, Microwave, Trash Compactor, Vented Exhaust Fan
- Living area:3,283 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Natural Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1986
- Building area:3,283 sq. ft.
- Lot area:0.34 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Slab
- Levels:2 Story
Schools
- High school:Sherman
- Middle school:Piner
- Elementary school:Henry W Sory
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$167.53
Features and amenities
- Appliances:Built In Gas Range, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Trash Compactor, Vented Exhaust Fan
- Laundry features:Dryer
- Amenities:Window Coverings
Parking
- Garage:Yes
- Garage spaces:2
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