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505 S Glacier Drive
1 / 1

505 S Glacier Drive

Sherman, TX 75092 · View on map ↓

4Beds
2 + 1Baths
3,283Sqft
$550,000
MLS# 21366995

Overview

4 / 2 + 1 / 2
Bed / Bath / Gar
3,283
Sq Ft
1986
Year Built
0.344 acres
Lot Size
2
CDOM
Single Family
Type

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!

Mortgage Calculator

$
%
20% · $110,000
0%50%
Principal & Interest$2,781(71%)
Property Tax (est. 2%)$917(23%)
Homeowner's Insurance (est.)$229(6%)
Est. Monthly Payment$3,927/mo
Est. Monthly$3,927

Estimate only — contact a lender for actual rates and terms. Property tax estimate based on 2% of purchase price.

Rooms

Primary Bedroom
23 x 13 / 1
Bedroom
13 x 12 / 1
Bedroom
21 x 13 / 2
Bedroom
15 x 15 / 2
Primary Bathroom
12 x 12 / 1
Living Room
16 x 16 / 1
Kitchen
11 x 10 / 1
Dining Room
12 x 11 / 1
Breakfast Room Nook
11 x 9 / 1
Full Bath
12 x 8 / 2
Half Bath
8 x 6 / 1
Office
11 x 10 / 1
Utility Room
10 x 10 / 1
Appliances
Built In Gas Range, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Trash Compactor, Vented Exhaust Fan
Interior Features
Decorative Designer Lighting Fixtures, Granite Counters, High Speed Internet, Walk In Closets
Flooring
Carpet, Ceramic Tile, Wood
Laundry
Washer Hookup, Electric Dryer Hookup
Window Features
Window Coverings
Fireplaces
2 · Living Room, Primary Bedroom
Heating
Central, Natural Gas
Cooling
Central Air, Electric
Utilities
Electricity Connected, Sewer Available, Water Available
Architectural Style
Traditional, Detached
Construction
Brick
Roof
Composition
Foundation
Slab
Patio / Porch
Covered
Pool
None
Levels
Two
Stories
2
Garage Spaces
2
Attached Garage
Yes
Covered Spaces
2

Schools

Elementary
Henry W Sory (Sherman ISD)
Middle
Piner (Sherman ISD)
High
Sherman (Sherman ISD)

Price & Status History

DateEventPrice
8/22/2026Listed for sale
Source: NTREIS #21366995
$550,000

Nearby Properties

Listed by Bryan Blagg · Bryan Blagg Real Estate
Source: NTREIS · MLS#: 21366995

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

4bed
3bath
2car
$550,000
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