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505 Glacier Drive

Sherman, TX 75092

$550,000

4 bd · 2.5 ba · 3,283 sq ft · 0.34 ac

Bedrooms4
Bathrooms2.5
Living area3,283 sq ft
Lot size0.344 acres
Year built1986
Stories2
Garage2 cars
TypeSingle-family

What it costs to own

TaxesNot provided by the listing
MUDNone listed
HOANone listed
Price per sq ft$168 per sq ft

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!

The details

HeatingCentral, Natural Gas
CoolingCentral Air, Electric
FlooringCarpet, Ceramic Tile, Wood
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Microwave, Trash Compactor, Vented Exhaust Fan
Interior featuresDecorative Lighting, Granite Counters, High Speed Internet Available, Walk-In Closet(s)
Bathrooms2 full · 1 half
Fireplace2 · Living Room

Construction materialsBrick
RoofComposition
FoundationSlab

Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected

SubdivisionParkhaven Add Sec 1

ElementaryHenry W Sory
Middle schoolPiner
High schoolSherman
DistrictSherman ISD

MLS #21366995
Source
On the marketListed today
CountyGrayson

Around this home

One moment…

Everyday life

Nearest groceryWalmart Neighborhood Market · 2.1 mi
Nearest parkHerman Baker Park · 0.4 mi

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Listing courtesy of Bryan Blagg Real Estate — Bryan Blagg.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21366995. Information last updated August 22, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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