
501 Southern Dr Sherman, TX 75092
Estimated payment $1,735/month
Highlights
- New Construction
- Craftsman Architecture
- Corner Lot
- Open Floorplan
- Cathedral Ceiling
- Granite Countertops
About This Home
Welcome to 501 Southern, this brand-new, meticulously designed home offers modern, low-maintenance living in a prime Sherman location, just minutes from shopping, dining, and essential amenities. The open-concept layout is highlighted by high-quality finishes, creating an inviting space perfect for both relaxation and entertaining. The kitchen is a chef’s delight, boasting stainless steel appliances, a spacious walk-in pantry, and ample counter space, simplifying meal prep and storage. Built with energy efficiency in mind, this home features spray foam insulation, ensuring low utility costs and comfort in every season. The backyard will soon offer added privacy with a new fence installation, making it a perfect outdoor retreat. With easy access to Lake Texoma and all its recreational opportunities, this property offers more than just a home—it’s a lifestyle. This is an incredible opportunity to own a brand-new home in one of Sherman’s most sought-after neighborhoods. Don’t wait—schedule a tour with your favorite REALTOR® today!
Listing Agent
Lisa Hitchcock
Easy Life Realty Brokerage Phone: 903-224-5171 License #0611932 Listed on: 02/25/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $356
Year Built
- Built in 2025 | New Construction
Lot Details
- 4,704 Sq Ft Lot
- Privacy Fence
- Wood Fence
- Corner Lot
- Cleared Lot
HOA Fees
- $13 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Front Facing Garage
Home Design
- Craftsman Architecture
- Shingle Roof
- Composition Roof
- Board and Batten Siding
Interior Spaces
- 1,482 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Ceramic Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Schools
- Dillingham Elementary School
- Sherman High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Community Details
- Association fees include management
- Cottages At Magnolia Village Owners Association,In Association
- Cottages Of Magnolia Vlg Subdivision
Listing and Financial Details
- Legal Lot and Block 1 / 2
- Assessor Parcel Number 437037
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $356 | $16,224 | $16,224 | $0 |
2023 | $250 | $11,386 | $11,386 | $0 |
2022 | $267 | $11,386 | $11,386 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/26/2025 07/26/25 | Pending | -- | -- | -- |
07/07/2025 07/07/25 | Price Changed | $309,000 | -2.5% | $209 / Sq Ft |
06/26/2025 06/26/25 | Price Changed | $317,000 | -0.3% | $214 / Sq Ft |
05/27/2025 05/27/25 | Price Changed | $318,000 | -1.9% | $215 / Sq Ft |
02/25/2025 02/25/25 | For Sale | $324,000 | -- | $219 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $196,662 | New Conventional | |
Closed | $597,650 | New Conventional |
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Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 20849642

APN: 437037
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