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505 Southern Dr, Sherman, TX, 75092

$318,000

Home List Price

$3,776*

Closing Credit

3 Bedrooms
2 Full Baths
1,414 SqFt
$225/SqFt
House

Location

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505 Southern Dr, Sherman$318,000

Buyer Closing Credits

$3,776*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Front, Garage
Attached Garage2 spaces
Year Built2024
FireplaceDecorative, Electric
MLS #20777525
Lot Size0.12 Acres
StatusActive

About 505 Southern Dr

Welcome to 505 Southern, a stunning new construction home located in a prime Sherman location, just minutes away from shopping and amenities. This thoughtfully designed 1,414 square foot home offers modern conveniences and comfortable living, perfect if you are looking for low-maintenance. Discover a spacious open-concept layout with high-quality finishes throughout. The kitchen is a chef’s dream, featuring stainless steel appliances, a large walk-in pantry, and ample counter space, making meal prep a breeze. The living area boasts an elegant electric fireplace, adding warmth and ambiance to the space. Energy efficiency is a key feature of this home, with spray foam insulation to keep your utility costs low and your comfort level high year-round. The backyard will provide privacy, with a new privacy fence to be installed. Don’t miss out on this exceptional opportunity to own a brand-new home in one of Sherman’s most desirable areas! Call your favorite REALTOR®.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman, Detached
  • Year Built: 2024
  • Living Area: 1,414 SqFt

Listing Office:

  • Office Name: Easy Life Realty
  • Office Phone: (903) 224-5171
  • Listing Agent: Lisa Hitchcock

Interior Features

Interior Information:

  • Appliances: Other, Dishwasher, Disposal, Gas Range, Plumbed for Gas
  • Basement: No
  • Flooring Type: Ceramic Tile, Luxury Vinyl, Luxury VinylPlank
  • Interior: Decorative/Designer Lighting Fixtures, Kitchen Island, Pantry, Walk-In Closet(s)
  • Fireplace: Decorative, Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Faces Front, Garage

Virtual/3D Tour

  • Virtual Tour: 505 Southern Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: From Hwy 75 N take Town Center Drive, and N Creek Dr. to Sherman Drive, sign in yard

Price Information

Listing Price Info

Price Summary:

  • List Price: $318,000
  • Price Per SqFt: $225/SqFt

HOA Fees:

  • Amount: $150
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Sherman, TX.

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Sherman, TX

City

Med. List Price

$309.9K

Med. Price/SqFt

$174

Avg. Days On Market

90

# of Sold Homes

48

505 Southern Dr vs Sherman

2 DAYS ON ROCKET

-88 Days

$318,000

+$8.1K More

$225/SqFt

+$51 More

KEY TAKEAWAY

This property is $8.1K more than the Median List Price and $51/SqFt more than other homes in Sherman, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20777525

Listing Office:

  • Office Name: Easy Life Realty
  • Office Phone: (903) 224-5171
  • Listing Agent: Lisa Hitchcock

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/17/2024, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,667

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,020

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-392602
3
/10

  • Neblett Elementary School

  • 1505 Gallagher Dr

  • 0.98 miles

  • Public District Grades KG-5

school-card-donut-392603
3
/10

  • Fairview Elementary School

  • 501 W Taylor St

  • 1.95 miles

  • Public District Grades KG-5

school-card-donut-392604
2
/10

  • Wakefield Elementary School

  • 400 Sunset Blvd

  • 3.26 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,824. The majority of Sherman, TX residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Southern Dr

What is the listing price of this property?

The listing price of 505 Southern Dr property is $318,000.

What type of property is this?

The property 505 Southern Dr is a house located in Sherman, Texas, 75092.

Is this property for sale now?

Active Listing: 505 Southern Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Southern Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Southern Dr is 1,414 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Southern Dr is 2024.

Rocket Homes›Texas›Grayson County›Sherman›75092›505 Southern Dr

This home is located at 505 Southern Dr in Sherman, TX and zip code 75092. This 1,414 square foot home, which was built in 2024, sits on a 0.12 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $318,000.

The inventory of homes for sale in Sherman, TX between September 2024 and October 2024 increased by 9.3%. Listings spent 90 days on the market in October 2024, and had a median list price of $309,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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