505 S Glacier Drive, Sherman, TX 75092 (MLS # 21366995)

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PRICE $550,000 dsIDX morgage calculator
BEDS 4
BATHS 3
HOME SIZE 3,283 sqft
LOT SIZE 14,985 sqft

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!

LAST UPDATED 8/22/2026 TRACT Parkhaven Add Sec 1
YEAR BUILT 1986 GARAGE SPACES 2.0
COUNTY Grayson STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Built-In Gas Range, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Trash Compactor, Vented Exhaust Fan
CONSTRUCTION Brick
FIREPLACE Yes
GARAGE Yes
HEAT Central, Exhaust Fan, Natural Gas
INTERIOR Granite Counters, High Speed Internet, Walk-In Closet(s)
LOT 0.344 acre(s)
LOT DIMENSIONS 100x150
PARKING Additional Parking, Aggregate, Circular Driveway, Attached
SEWER Public Sewer
STORIES 2
STYLE Traditional
SUBDIVISION Parkhaven Add Sec 1
UTILITIES Electricity Connected
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listing provided by Bryan Blagg, Bryan Blagg Real Estate
NTREIS LogoYou may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
This data was last updated on: 8/25/26 9:17 AM PDT

This IDX solution is (c) Diverse Solutions 2026.

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