505 S Glacier Drive, Sherman, Texas, 75092

Listed by Bryan Blagg Real Estate, Bryan Blagg, 817-939-8488
$508,900
3,283 Sqft
0.34 Acres
4 bd
2.5 ba
#21366995
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!

PROPERTY FEATURES

  • Utilities : City Sewer,City Water,Electricity Connected
  • Parking Features: Additional Parking,Aggregate,Circular Driveway
  • Has Garage
  • 2 Garage Spaces
  • Garage Height: 8
  • Garage Length: 23
  • Garage Width: 25
  • Has Attached Garage
  • 2 Covered Spaces
  • Patio And Porch Features : Covered
  • Lot Features : Composition
  • Architectural Style : Traditional
  • Structural Style : Single Detached
  • Cooling: Central Air,Electric
  • Heating : Central,Natural Gas
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Interior Features: Decorative Lighting,Granite Counters,High Speed Internet Available,Walk-In Closet(s)
  • Fireplaces Number : 2
  • Fireplace Features: Living Room,Primary Bedroom
  • Appliances : Built-in Gas Range,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Trash Compactor,Vented Exhaust Fan
  • Flooring : Carpet,Ceramic Tile,Wood
  • Windows Features: Window Coverings
  • LaundryFeatures : Electric Dryer Hookup,Washer Hookup
  • Levels : Two
  • Green Verification Count : 0
  • Title Company Preferred: Red River Title
PROPERTY DETAILS
ID: 21366995
Status: Active
Price: $508,900
Acres: 0.34 Acres
Price Per Acre: $1,479,360
Type: Single Family / Detached
Address: 505 S Glacier Drive
City, State: Sherman, Texas
County: Grayson
Zip Code: 75092
Lat/Long: 33.625866, -96.63699
Presented By: Bryan Blagg
Phone: 817-939-8488
Email: Click to Contact