New Construction
Address
506 Southern Drive, Sherman, TX
Price
$ 294,000
Property Attributes
- MLS#21352463
- TypeSingle Family
- Listing Status Active
- CountyGRAYSON
- CitySherman
- NeighborhoodCottages At Magnolia Villiage
- Zip75092
- StyleCraftsman,Modern Farmhouse,Traditional
- Year Built2025
- Taxes$ 375
- Price$ 294,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1414
- Lot Size0.094 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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.
| Elementary School |
|---|
| Percy W Neblett Elementary School |
| Price History | |
|---|---|
| 8/7/2026 | Listed $294,000 |
General Features
| 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
Property vs Single Family Average in 75092
Price
Taxes
Year Built
Visits
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real
