505 S Glacier Drive
Sherman, TX, 75092
$550,000
4 Beds
2.1 Baths
3,283 SqFt
0.34 Acres
MLS #21366995 image #0

Location

Sturdy Custom Build with Incredible Value-Add Potential &#38' 2.5% Assumable FHA Loan!

Crafted with high-quality 2×6 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&#39'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!

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$550,000
MLS #:
21366995
Status:
Active
Beds:
4
Baths:
2.1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Parkhaven Add Sec 1
Listed Date:
Aug 22, 2026
Finished Sq Ft:
3,283
Lot Size:
14,984 sqft / 0.34 acres (approx)
Year Built:
1986
GarageParkhaven Add Sec 1Sherman IsdHenry W SoryPinerSherman

Schools

School District:
Sherman ISD
Elementary School:
Henry W Sory
Middle School:
Piner
High School:
Sherman

Interior

Bathrooms Full
2
Bathrooms Half
1
Cooling
Central Air, Electric
Fireplace Features
Living Room, Primary Bedroom
Fireplaces Total
2
Flooring
Carpet, Ceramic Tile, Wood
Heating
Central, Natural Gas
Interior Features
Decorative Lighting, Granite Counters, High Speed Internet Available, Walk- In Closet(s)
Number Of Living Areas
1

Exterior

Construction Materials
Brick
Garage Height
8
Garage Length
23
Garage Spaces
2
Garage Width
25
Lot Size Area
0.3440
Lot Size Dimensions
100×150

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Sherman

Market Summary

Current real estate data for Single Family in Sherman as of Aug 28, 2026
537
Single Family Listed
99
Avg DOM
183
Avg $ / SqFt
$363,119
Avg List Price

Property Summary

    Located in the Parkhaven Add Sec 1 subdivision, 505 S Glacier Drive Sherman TX is a Single Family for sale in Sherman, TX, 75092. It is listed for $550,000 and features 4 beds, 2 baths, and has approximately 3,283 square feet of living space, and was originally constructed in 1986. The current price per square foot is $168. The average price per square foot for Single Family listings in Sherman is $183. The average listing price for Single Family in Sherman is $363,119. To schedule a showing of MLS#21366995 at 505 S Glacier Drive in Sherman, TX, contact your Aaron Layman Properties agent at 940-209-2100.
505 S Glacier Drive
Sherman, TX