‹ Back to Price Finder

$550,000

505 S Glacier Drive, Sherman, TX 75092

4 bd 3 ba 3,283 sq ft House · Built 1986

Price / sq ft$168
Lot0.34 acres
Built1986
Garage2-car
Stories2
HeatingCentral,NaturalGas
CoolingCentralAir,Electric
SchoolsSherman ISD
ElementaryHenry W Sory
SubdivisionParkhaven Add Sec 1
MLS #21366995

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!

Features

  • Inside: DecorativeDesignerLightingFixtures,GraniteCounters,HighSpeedInternet,WalkInClosets
  • Appliances: BuiltInGasRange,Dryer,Dishwasher,Disposal,GasWaterHeater,Microwave,TrashCompactor,VentedExhaustFan
  • Parking: AdditionalParking,Aggregate,CircularDriveway
  • Laundry: WasherHookup,ElectricDryerHookup

Where it is

Similar homes in Sherman

$627,664$164 / sq ft

5 bd · 4 ba · 3,825 sf

416 Obsidian Drive, Sherman

View details ›
$517,705$198 / sq ft

4 bd · 3 ba · 2,617 sf

511 Obsidian Drive, Sherman

View details ›
$632,870$158 / sq ft

5 bd · 5 ba · 4,000 sf

506 Obsidian Drive, Sherman

View details ›

Listing information comes from the North Texas Real Estate Information Systems (NTREIS) IDX program and is deemed reliable but not guaranteed. Price and status can change; the listing agent has the latest.