505 S Glacier Drive, Sherman, TX 75092
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$ 550,000
Est. payment | /mo

4 Beds

3 Baths

3,283 SqFt


Save
$ 550,000
Est. payment | /mo
Save

4 Beds

3 Baths

3,283 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,283 sqft

Subdivision Parkhaven Add Sec 1

MLS Listing ID 21366995

Style Traditional

Bedrooms 4

Full Baths 2

Half Baths 1

HOA Y/N None

Year Built 1986

Lot Size 0.344 Acres

Acres 0.344

Lot Dimensions 100x150

Property Sub-Type Single Family Residence

Property 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!

Location

State TX

County Grayson

Direction 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.

Rooms

Dining Room 2

Interior

Interior Features Decorative Lighting, Granite Counters, High Speed Internet Available, Walk-In Closet(s)

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile, Wood

Fireplaces Number 2

Fireplaces Type Living Room, Primary Bedroom

Appliance Built-in Gas Range, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Trash Compactor, Vented Exhaust Fan

Heat Source Central, Natural Gas

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Garage Spaces 2.0

Utilities Available City Sewer, City Water, Electricity Connected

Roof Type Composition

Total Parking Spaces 2

Garage Yes

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Henry W Sory

Middle Schools Piner

High Schools Sherman

School District Sherman Isd

Others

Acceptable Financing Assumable, Cash, Conventional, FHA

Listing Terms Assumable, Cash, Conventional, FHA

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Bryan Blagg • Bryan Blagg Real Estate

NEARBY SCHOOLS & PROPERTIES

Lesley Booker

+1(469) 600-6305

broker@provisionrealty.com

7575 Saddleridge Dr., Unite States

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505 S Glacier Drive