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$299,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 0.094 Acres
  • 2 Car Garage
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Brand new construction in a prime Sherman location! Located just south of the Sherman Town Center and minutes from Hwy 75, this stunning 3-bedroom, 2-bath home offers quick access to shopping, dining, and all local conveniences. Large windows fill the open living areas with natural light, highlighting the custom finishes found throughout. The modern kitchen is a true showpiece, featuring elegant marble countertops and a waterfall island that serves as the perfect gathering place, along with an amazing butler's pantry designed to store all your countertop appliances and keep the main kitchen area organized. The well-planned layout offers spacious bedrooms and inviting living spaces ideal for both everyday living and entertaining. With Sherman experiencing exciting growth and new businesses moving in, now is the perfect time to make your move to this thriving community!

Full Property Details for 506 Southern Dr

General

  • Price: $299,000
  • HOA FEE: $13/month
  • HOA FEE FREQ.: Annually
  • Taxes: $313
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21029151
  • Updated: 12/2/2025
  • Added to Site: 159 day(s) ago

Interior

  • Interior Features: Built-in Features, Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Some Gas Appliances, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Gas
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup

Exterior

  • Exterior Features: Lighting
  • Porch/Patio/Deck: Covered, Front Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Additional Parking, Concrete, Door-Single, Driveway, Enclosed, Garage Faces Front, Garage, Inside Entrance, Kitchen Level

Location

  • County: Grayson
  • Subdivision: Cottages at Magnolia Village
  • Driving Directions: N Hwy 75 to Town Center Dr. & N Creek Dr. to Southern Drive, sign in yard

School Information

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

Community

  • Association: Yes
  • Assoc. Name: Cottages at Magnolia Village Owners Assoc.
  • Assoc. Fees Include: Maintenance Grounds

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available

Structural Information

  • Property Detached: Yes
  • Architectural Style: Craftsman, Farmhouse, Modern, Traditional, Detached
  • Structure Type: House
  • Detached/Attached: Detached
  • Construction: Board & Batten Siding, Wood Siding
  • Roof: Composition, Shingle
  • Stories/Levels: 1
  • Living Area: 1,414 Sq. Ft.
  • Year Built: 2025

Lot Features

  • Lot Size (Acres): 0.094
  • Lot Size (Sq. Ft.): 4,094.64
  • Lot Size Source: Assessor
  • Frontage: All Weather Road
  • Sidewalks: Yes
  • Lot Features: Landscaped
  • Trees/Vegetation: Grassed
  • Fencing (Description): Back Yard, Privacy, Wood

Water Features

  • Water Front Name: Texoma

Green Features

  • Energy Efficient: Insulation
  • Indoor Air Quality: Moisture Control, Ventilation

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Association Fee: $150
  • Assoc Fee Freq.: Annually
  • Tax Amount: $313
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: COTTAGES AT MAGNOLIA VILLIAGE, BLOCK 1, LOT 2
  • Property ID: 437034
  • Block: 1

Listed by Easy Life Realty, Lisa Hitchcock

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Listing agent

— 506 Southern Dr —

  • Lisa Hitchcock

    Easy Life Realty

903-224-5171

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 506 Southern Dr

School District:Sherman Independent School District
NameGradesDistance
Percy W Neblett Elementary School
1505 Gallagher Drive, Sherman, TX 75090
K-51 mi
Piner Middle School
402 West Pecan Street, Sherman, TX 75090
6-83.1 mi
Sherman High School
2907 West Travis Street, Sherman, TX 75092
9-125.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 506 Southern Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/02/2025
Price Reduced
$299,000
-1.64%
MLS
9/25/2025
Price Reduced
$304,000
-0.65%
MLS
8/12/2025
Listed
$306,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 506 Southern Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$313
44%
$17,111
20%
2023
$217
-6%
$14,259
44%
2022
$232
100%
$9,889
—
2021
—
$9,889
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 506 Southern Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Easy Life Realty, Lisa Hitchcock

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506 Southern Drive, Sherman, TX 75092 (MLS# 21029151) is a Single Family property with 3 bedrooms and 2 full bathrooms. 506 Southern Drive is currently listed for $299,000 and was received on August 12, 2025. Want to learn more about 506 Southern Drive? Do you have questions about finding other Single Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

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