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Sherman 75092
505 Southern Drive
$275,000
● House - For Sale

505 Southern Drive

Sherman, TX 75092
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,414 Ft²
$1,363
Est. Monthly
$13
HOA / Fees

About This Property

Start the morning with sunlight pouring into the dining nook, gather around the kitchen island as the day unfolds, and settle in by the fireplace when it is time to unwind. This one-story home in Cottages at Magnolia Village is designed around the moments that make a home enjoyable, with connected spaces that make everyday living and entertaining feel effortless. Soaring vaulted ceilings give the living area an open, airy presence, while the floor-to-ceiling fireplace creates a warm focal point that grounds the room. Thoughtful built-ins add character and function as the space flows naturally into the kitchen. An expansive island becomes a natural gathering place, finished with a marble-patterned waterfall countertop and farmhouse-style sink. The generous pantry with wrap-around shelving adds valuable storage, while large windows fill the nearby dining nook with natural light. The primary suite offers a comfortable place to unwind, with an ensuite bath featuring marble-patterned countertops and contrasting charcoal-textured tile. Set on a corner lot, the home also offers convenient access to shopping and dining, Downtown Sherman, Fairview Park, and Herman Baker Park with its 34-acre lake and two-mile hiking trail. US 75 and US 82 provide connections throughout Sherman and the surrounding North Texas area. Schedule a private showing to experience this Sherman home in person.
Unit Size
1,414 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$194
Property Type
House
Property Taxes
-
HOA Dues
$13
Year Built
2019

Listed By

Daniel Harker
Keller Williams Realty DPR
Dylan Palmer
Keller Williams Realty DPR

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Last updated: 2 months ago (NTREIS #21403722)

Price History

Date / Event Date Event Price
Oct 7, 2026 Listed by Keller Williams Realty DPR $275,000
Listed by Keller Williams Realty DPR
Dec 30, 2024 Sold
Sold
Dec 12, 2024 In contract -
In contract
Nov 14, 2024 Listed by Easy Life Realty $318,000
Listed by Easy Life Realty
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 Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features
Appliances: Dishwasher, Disposal
Flooring Type: Luxury Vinyl Plank
Has Fireplace
Fireplace Features: Electric
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1414
Architectural Style: Contemporary
Year Built: 2024
Levels: One
Construction Materials: Brick
Lot Size Area: 0.101
Lot Size Units: Acres
Lot Size Acres: 0.101
Lot Size Square Feet: 4399.56
Tax Lot: 10
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Fee Includes: Management Fees
HOA Fee: $150
HOA Fee Frequency: Annually

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 446
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,021
  • Total Building Area: 2,447
  • Gross Building Area: 2,447
  • Building Area: 2,001
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,001
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA VILLAGE
  • Land Acres: 0000000253
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MAGNOLIA VILLAGE, BLOCK C, LOT 18, ACRES .253

Neighborhood

  • School District Name: Sherman Independent School District
  • Census Tract: 000904

Geography

  • Parcel: 389625
  • Block: C
  • Lot: 18
  • Municipality: SHERMAN
  • Latitude: 33.6804
  • Longitude: -96.6145

    Address

  • Full Address: 505 Sonoma Ct
  • Address - House Number: 505
  • Address - Street Name: Sonoma
  • Address - Suffix Type: Ct
  • State: TX
  • City Name: Sherman
  • Carrier Code: R013
  • 4-Digit Zip Code: 2506
  • Zip Code: 75092

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $816,872
  • Tax Rate Code Area: SSH

    Appraisal Valuation

  • Standard Deviation: 0.2661
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 62
  • Final Value: 403,507
  • High Value: 510,890
  • Low Value: 296,125

    Market Valuation

  • Market Total Value: $331,209
  • Market Land Value: $45,075
  • Market Improvement Value: $286,134

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $316,864

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2019
  • Current Sale Recording Date: Nov 05, 2019
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019-00026889
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sherman


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411 W Taylor Street, Sherman, TX, 75092 Listing by Chris Vogelsang


Frequently Asked Questions

When was property at 505 Southern Drive built and last sold?
The property at 505 Southern Drive was built in 2019 and last sold on Nov 4, 2019 for $293,800.
How much is this home worth?
The estimated value of the home located at 505 Southern Drive is $275,256.
What are some comparable homes to 505 Southern Drive?
There are currently no comparable homes to 505 Southern Drive.