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Financing available

$275,000

505 Southern Drive, Sherman, TX 75092

3
beds
2
baths
1,414
sqft

Est. with seller financing: $2,132/mo

  • Single-family
  • Built in 2024
  • 4,400 sq ft lot
  • $194/sqft
  • $13/mo HOA
  • Grayson County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

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.

Facts & features

Interior

Features

  • Built In Features

Heating & cooling

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fans, Electric

Flooring

  • Luxury Vinyl Plank

Appliances

  • Dishwasher
  • Disposal

Fireplace

  • Fireplaces: 1
  • Electric

Exterior & lot

Construction

  • Style: Contemporary Modern, Detached
  • Stories: 1
  • Roof: Composition
  • Foundation: Slab
  • Materials: Brick

Parking

  • Garage spaces: 2
  • Driveway
  • Garage
  • Garage Door Opener

Community

Neighborhood

  • Subdivision: Cottages of Magnolia VLG

HOA

  • ABC

Schools

  • District: Sherman ISD
  • Elementary: Percy W Neblett
  • Middle: Piner
  • High: Sherman

Financial & listing details

Listing

  • Price per sq ft: $194
  • County: Grayson
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$2,132/mo

Principal & interest
$1,991/mo
Property taxes
Not available
Homeowners insurance (est.)
$128/mo
HOA dues
$13/mo
Loan amount
$247,500
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data (not available for this home) and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

How buying this home works

  1. 1

    Get qualified

    We look at your ability to pay, not just a credit score. Self-employed and ITIN buyers welcome.

  2. 2

    Pick this home

    Once you're approved, tell us this is the one. We handle the purchase from the seller.

  3. 3

    Move in

    We resell the home to you at closing, so the title is in your name. Then make one fixed monthly payment, no bank required.

Location

Listing information

Listing courtesy of

Daniel Harker

Keller Williams Realty DPR

972-732-6000

MLS #
21403722

Listing information provided by North Texas Real Estate Information Systems (NTREIS) through IDX. Information is deemed reliable but not guaranteed and should be independently verified. Last updated Oct 9, 2026.

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Seller financing for this home is available to qualified buyers from HFP, powered by Doorly, only on this site. The seller and listing agent are not affiliated with HFP and cannot offer this program directly.

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