Date
Details
Price
Change
Source
8/07/2026
Listed
$294,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$294,000 Just Listed
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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.
Full Property Details
Full Property Details for 506 Southern Dr
General
- Price: $294,000
- HOA FEE: $13/month
- HOA FEE FREQ.: Annually
- Taxes: $375
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21352463
- Updated: 8/7/2026
- Added to Site: Today
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
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Direct Access, Driveway, Enclosed, Garage Faces Front, Garage, Lighted
Location
- County: Grayson
- Subdivision: COTTAGES AT MAGNOLIA VILLIAGE
- Driving Directions: N Hwy 75 to Town Center Drive, & N Creek Drive 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: Association Management
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, Sewer Available, Separate Meters, Underground Utilities, 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
- 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
- Trees/Vegetation: Grassed
- Fencing (Description): Fenced, Privacy, Wood
Water Features
- Water Front Name: Texoma
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $150
- Assoc Fee Freq.: Annually
- Tax Amount: $375
- Terms: Cash, Conventional, 1031 Exchange, FHA, VA Loan
Disclosures and Reports
- Legal Description: COTTAGES AT MAGNOLIA VILLIAGE, BLOCK 1, LOT 2
- Disclosures/Rstr.: Deed Restriction
- Property ID: 437034
- Block: 1
Listed by Easy Life Realty, Lisa Hitchcock
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 506 Southern Dr —
Lisa Hitchcock
Easy Life Realty
903-224-5171
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 506 Southern Dr
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Percy W Neblett Elementary School 1505 Gallagher Drive, Sherman, TX 75090 | K-5 | 1 mi |
Sherman Middle 2201 East Lamar Street, Sherman, TX 75090 | 6-8 | 3.2 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 506 Southern Dr
Tax History
Tax History for 506 Southern Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$375
73%
$37,527
163%
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
Estimate the Cost for 506 Southern Dr
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506 Southern Drive, Sherman, TX 75092 (MLS# 21352463) is a Single Family property with 3 bedrooms and 2 full bathrooms. 506 Southern Drive is currently listed for $294,000 and was received on August 07, 2026. 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.