HomesSherman › 505 S Glacier Drive
505 S Glacier Drive, Sherman — photo 1
505 S Glacier Drive, Sherman — photo 1
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$550,000

505 S Glacier Drive

Sherman, TX 75092 · Parkhaven Add Sec 1 · Grayson County
ActiveMLS #21366995 · SingleFamilyResidence
4Beds
3Baths
3,283Sq Ft
0.344Acres
1986Built

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!

School district (per MLS): Sherman ISD. School ratings and attendance zones: verify at GreatSchools.org and with the district.
Information provided for general reference; buyers should independently verify schools, districts, and community details.

Courtesy of Bryan Blagg Real Estate — listing agent Bryan Blagg
Contact the listing firm: 817-939-8488 · bryanblagg@gmail.com

Listing updated Aug 22, 2026, 10:49 AM CT
Presented by James Baker, Broker · MTX Realty, LLC · TREC #640642-B

Listing data last updated Sep 12, 2026, 2:06 AM CT

Information deemed reliable but not guaranteed accurate by the MLS. IDX information is provided exclusively 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. © 2026 North Texas Real Estate Information Systems, Inc. (NTREIS). All rights reserved. Data last updated Sep 12, 2026, 2:06 AM CT.

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