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®.
Sold
Price Unknown
505 Southern Dr, Sherman, TX 75092
3beds
1,414sqft
Single Family Residence
Built in 2024
5,140 Square Feet Lot
$268,500 Zestimate®
$--/sqft
$1,787 Estimated rent
Home value
$268,500
$255,000 - $282,000
$1,787/mo
Zestimate® history
Owner options
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$150/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Lisa Hitchcock 0611932 903-224-5171,
Easy Life Realty 903-224-5171
Bought with:
Dylan Palmer
Keller Williams Realty DPR
Source: NTREIS,MLS#: 20777525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Separate Shower, Walk-In Closet(s)
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Bedroom
- Level: First
- Dimensions: 0 x 0
Dining room
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Appliances
- Included: Some Gas Appliances, Dishwasher, Disposal, Gas Range, Plumbed For Gas
- Laundry: Washer Hookup, Laundry in Utility Room
Features
- Decorative/Designer Lighting Fixtures, Kitchen Island, Pantry, Walk-In Closet(s)
- Flooring: Ceramic Tile, Luxury Vinyl Plank
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Decorative, Electric
Interior area
- Total interior livable area: 1,414 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Front, Garage
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Privacy
- Body of water: Texoma
Lot
- Size: 5,140 Square Feet
Details
- Parcel number: 437046
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Detached
- Property subtype: Single Family Residence
Materials
- Board & Batten Siding
- Foundation: Slab
- Roof: Composition
Condition
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Green energy
- Energy efficient items: Insulation
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Cottages of Magnolia
HOA
- Has HOA: Yes
- Services included: Association Management
- HOA fee: $150 annually
- HOA name: COTTAGES OF MAGNOLIA VILLAGE OWNERS ASSOCIATION
- HOA phone: 903-267-1573
Location
- Region: Sherman
Financial & listing details
- Tax assessed value: $305,513
- Annual tax amount: $386
- Date on market: 11/14/2024
- Cumulative days on market: 26 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Listing removed | $2,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/19/2025 | Price change | $2,100-8.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/31/2024 | Listed for rent | $2,300$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/30/2024 | Sold | -- |
Source: NTREIS #20777525 Report a problem | ||
| 12/14/2024 | Pending sale | $318,000$225/sqft |
Source: NTREIS #20777525 Report a problem | ||
| 12/11/2024 | Contingent | $318,000$225/sqft |
Source: NTREIS #20777525 Report a problem | ||
| 11/14/2024 | Listed for sale | $318,000$225/sqft |
Source: NTREIS #20777525 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $305,513 +1634.8% |
| 2024 | $386 | $17,611 +41.1% |
| 2023 | -- | $12,483 |
| 2022 | $293 | $12,483 |
Find assessor info on the county website
Neighborhood: 75092
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- $349,9003 bd3 ba1.7k sqft4905 Sweetbay Rd, Sherman, TX 75092For Sale
- $37,527-- bd-- ba-- sqft506 Southern Dr, Sherman, TX 75092Off Market
Nearby schools
GreatSchools rating
- 2/10Percy W Neblett Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10Sherman MiddleGrades: 6-8Distance: 3.2 mi
- 5/10Sherman High SchoolGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Dillingham
- Middle: Piner
- High: Sherman
- District: Sherman ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$268,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$268,500
- Texas
- Grayson County
- Sherman
- 75092
- 505 Southern Dr
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