506 Southern Drive

Sherman, TX
$ 294,000 Beds 3 Baths 2 Sq 1,414 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 294,000
  • City
  • Sherman
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • GRAYSON
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.094 Acres
  • Zip
  • 75092
  • Sqr Footage
  • 1,414
  • Year Built
  • 2025
  • Taxes
  • $ 375
  • Style
  • Craftsman,Modern Farmhouse,Traditional
  • MLS#
  • 21352463
Listed By: Easy Life Realty
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric
Cooling Ceiling Fan(s),Central Air,Electric
Utilities All Weather Road,Cable Available,City Sewer,City Water,Community Mailbox,Concrete,Curbs,Electricity Connected,Individual Water Meter,Underground Utilities
Possession Closing/Funding
Roof Composition,Shingle
Appliances Dishwasher,Disposal,Gas Range,Microwave,Plumbed For Gas in Kitchen
Easements Utilities
Assoc Fees 150
Number of Garage Spaces 2
Restrictions Deed,Development
School District Sherman ISD
HOA Fee Includes Management Fees
Year Built 2025
Architectural Style Craftsman,Modern Farmhouse,Traditional
Levels One
Unexempt Taxes 375
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name COTTAGES AT MAGNOLIA VILLIAGE
Transaction Type For Sale
County Grayson
Property Type Residential
Security Features Smoke Detector(s)
Construction Materials Board & Batten Siding
Association Fee Frequency Annually
Year Built Details New Construction - Complete
HOA Type Mandatory
Special Notes Deed Restrictions
Full Baths 2
Status Active
Directions N Hwy 75 to Town Center Drive,& N Creek Drive to Southern Drive,sign in yard
City Sherman
Elementary School Name Percy W Neblett
High School Sherman
Elementary School Percy W Neblett
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21352463
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan

Interior Features

Interior Features Built-in Features,Cable TV Available,Cathedral Ceiling(s),Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s),Wal
Flooring Luxury Vinyl Plank
Dining Areas 1
Living Areas 1
Room Count 7
Lock Box Type Supra
Total Bedrooms 3
Total Baths 2
Laundry Features Full Size W/D Area

Exterior Features

Vegetation Grassed
Fencing Fenced,Privacy,Wood
Soil Type Unknown
Garage Length 20
Garage Width 20
Lot Size Source Assessor
Parking Features Direct Access,Driveway,Enclosed,Garage,Garage Faces Front,Lighted
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Slab
Lot Size Area 0.0940
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Lot Size Square Feet 4094.6400
Lot Size Acres 0.0940
Patio And Porch Features Covered
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Springtown, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Percy W Neblett Elementary School
Middle School Unknown Middle School
High School

Price History

8/7/2026 Listed $294,000

Property vs Zip Code Average in 75092

Price
AVG $390K
$290K
Taxes
AVG $6,221
$375
Year Built
AVG 1995
2025
Visits
AVG 217
47
Data Provided by Inside Real Estate®

Areas That We Cover

506 Southern Drive Sherman, TX is a Single Family Home for sale at $294000 with 1414 sqft and a lot size of 0.094 Acres Acre(s). 506 Southern Drive Sherman has 3 bedrooms, 2 baths and was built in 2025. The property's zip code is 75092 which is in Sherman, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.