505 S Glacier Drive

Sherman, TX
$ 550,000 Beds 4 Baths 2.5 Sq 3,283
Monthly Estimate* How much can I afford?

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!

Active

  • Price
  • $ 550,000
  • City
  • Sherman
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • GRAYSON
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 0.344 Acres
  • Zip
  • 75092
  • Sqr Footage
  • 3,283
  • Year Built
  • 1986
  • Style
  • Traditional
  • MLS#
  • 21366995
Listed By: Bryan Blagg Real Estate
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Natural Gas
Cooling Central Air,Electric
Utilities City Sewer,City Water,Electricity Connected
Possession Closing/Funding
Roof Composition
Appliances Built-in Gas Range,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Trash Compactor,Vented Exhaust Fan
Number of Garage Spaces 2
School District Sherman ISD
Year Built 1986
Architectural Style Traditional
Levels Two
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Parkhaven Add Sec 1
Transaction Type For Sale
Occupant Type Owner
County Grayson
Property Type Residential
Construction Materials Brick
HOA Type None
Full Baths 2
Status Active
Directions From Hwy 56,South on Baker Park,left on Biscayne,right on Glacier and the house is on the left. From Center St,North on Baker Park,right on Calgary,left on Glacier and the house is on the right.
City Sherman
Elementary School Name Henry W Sory
High School Sherman
Elementary School Henry W Sory
Standard Status Active
Listing Terms Assumable,Cash,Conventional,FHA

Interior Features

Interior Features Decorative Lighting,Granite Counters,High Speed Internet Available,Walk-In Closet(s)
Flooring Carpet,Ceramic Tile,Wood
Fireplace Features Living Room,Primary Bedroom
Fireplaces Total 2
Dining Areas 2
Living Areas 1
Room Count 13
Half Baths 1
Lock Box Type Combo
Total Bedrooms 4
Total Baths 3
Window Features Window Coverings
Laundry Features Electric Dryer Hookup,Washer Hookup

Exterior Features

Garage Length 23
Garage Width 25
Lot Size Source Other
Parking Features Additional Parking,Aggregate,Circular Driveway
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Slab
Lot Size Area 0.3440
Lot Size Dimensions 100x150
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 14984.6400
Lot Size Acres 0.3440
Patio And Porch Features Covered
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Henry W Sory Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/22/2026 Listed $550,000

Property vs Zip Code Average in 75092

Price
AVG $390K
$550K
Year Built
AVG 1994
1986
Visits
AVG 214
26
Data Provided by Inside Real Estate®

Areas That We Cover

505 S Glacier Drive Sherman, TX is a Single Family Home for sale at $550000 with 3283 sqft and a lot size of 0.344 Acres Acre(s). 505 S Glacier Drive Sherman has 4 bedrooms, 2 baths and was built in 1986. The property's zip code is 75092 which is in Sherman, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.