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Financing available

$294,000

506 Southern Drive, Sherman, TX 75092

3
beds
2
baths
1,414
sqft

Est. with seller financing: $2,310/mo

  • Single-family
  • Built in 2025
  • 4,095 sq ft lot
  • $208/sqft
  • $13/mo HOA
  • Grayson County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Welcome to 506 Southern! Some listing photos have been virtually staged and virtually landscaped to illustrate the potential of the home. Furnishings, décor, and landscaping shown are for visualization purposes only. Brand-new construction in one of Sherman's most convenient locations! Situated just south of Sherman Town Center and minutes from US Highway 75, this beautifully designed 3-bedroom, 2-bath home offers exceptional convenience with easy access to shopping, dining, schools, healthcare, and everyday amenities. The open-concept floor plan is filled with natural light from oversized windows, creating a bright and welcoming atmosphere throughout. Quality craftsmanship is showcased in every detail, from the custom finishes to the thoughtfully selected fixtures. The kitchen is the centerpiece of the home, featuring elegant marble countertops, a striking waterfall island, and an impressive butler's pantry that provides abundant storage while keeping small appliances neatly organized and out of sight. A well-designed layout includes spacious bedrooms, beautifully finished bathrooms, and versatile living areas that offer comfort and functionality for everyday living or entertaining guests. Sherman continues to experience tremendous growth with major employers, new retail, dining, and business development, making this an outstanding opportunity to own a new home in one of North Texas' fastest-growing communities. The virtually staged and landscaped photos highlight the possibilities and help showcase the home's potential. Schedule your private showing today and discover everything 506 Southern has to offer.

Facts & features

Interior

Features

  • Built In Features
  • Cathedral Ceilings
  • Decorative Designer Lighting Fixtures
  • Eat In Kitchen
  • Granite Counters
  • High Speed Internet
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Cable Tv
  • Vaulted Ceilings
  • Walk In Closets

Heating & cooling

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

Flooring

  • Luxury Vinyl Plank

Appliances

  • Some Gas Appliances
  • Dishwasher
  • Disposal
  • Gas Range
  • Microwave
  • Plumbed For Gas

Exterior & lot

Construction

  • Style: Craftsman, Farmhouse, Modern, Traditional, Detached
  • Stories: 1
  • Roof: Composition, Shingle
  • Foundation: Slab
  • Materials: Board And Batten Siding

Parking

  • Garage spaces: 2
  • Direct Access
  • Driveway
  • Enclosed
  • Garage Faces Front
  • Garage
  • Lighted

Community

Neighborhood

  • Subdivision: COTTAGES AT MAGNOLIA VILLIAGE

HOA

  • Cottages at Magnolia Village Owners Assoc.

Schools

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

Financial & listing details

Listing

  • Price per sq ft: $208
  • County: Grayson
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$2,310/mo

Principal & interest
$2,129/mo
Property taxes
$31/mo
Homeowners insurance (est.)
$137/mo
HOA dues
$13/mo
Loan amount
$264,600
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 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

Lisa Hitchcock

Easy Life Realty

903-224-5171

MLS #
21352463

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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