About This Home

This 4-bedroom, 3-bathroom single family at 505 S Glacier Drive in Sherman, TX is listed for $508,900 ($155 per sqft). Built in 1986, the home offers 3,283 sqft of living space on a 0.34 acres lot.

Key Features

  • Built in 1986
  • 0.34 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full, 1 half
2-car garage
1986

Amenities

FireplaceA/C
Listing Description

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!

Monthly Cost Estimate

$2,722/mo

20% down · 6.5% · 30 years

Principal$368
Interest$2,205
Insurance$148

Estimates only. Actual payments may vary.

Location

505 S Glacier Drive

Sherman, TX 75092

Parkhaven Add Sec 1

Features & Amenities

Interior Features

DecorativeDesignerLightingFixturesGraniteCountersHighSpeedInternetWalkInClosets

Property Details

Flooring

WoodCarpetTile

Construction

Brick

Parking

Driveway

Heating

Natural GasCentral

Cooling

Central AirElectric

Appliances

BuiltInGasRangeDryerDishwasherDisposalGasWaterHeaterMicrowaveTrashCompactorVentedExhaustFan

Questions & Answers

This 4-bedroom, 3-bathroom single family at 505 S Glacier Drive is listed at $508,900 ($155/sqft). The estimated monthly payment is $2,721 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1986, 0.34 acre lot, 2 stories, Fireplace. Interior Features: DecorativeDesignerLightingFixtures, GraniteCounters, HighSpeedInternet.

This property is listed by Bryan Blagg.

BB

Bryan Blagg

Agent at Bryan Blagg Real Estate

Listed by Bryan Blagg Real Estate · Broker phone: 817-939-8488 · View on Broker Site

MLS# 21366995· Source: North Texas Real Estate Information Systems, Inc.· 3 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

505 S Glacier Drive, Sherman, TX 75092

Open this listing in: