$309,000
PENDING NEW CONSTRUCTION $15K PRICE DROP

501 Southern Dr Sherman, TX 75092

Estimated payment $1,735/month

Total Views 2,194
3 Beds
2 Baths
1,482 Sq Ft
$209 Price per Sq Ft

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

Easy Life Realty

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$356

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • OWNERNAME: B AND H COMPANIES LLC
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Detached
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: New Construction - Complete
  • Water Body Name: Texoma
  • Attribution Contact: 903-224-5171
  • Co List Office Mls Id: EASY00TO
  • Structure Type: House
  • Special Features: 4098
  • Year Built: 2025

Interior Features

  • Square Footage: 1482.0
  • Interior Amenities: Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Disposal
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Community Features: Community Mailbox, Curbs
  • Fencing: Privacy, Wood
  • Roof: Composition, Shingle
  • Construction Materials: Board & Batten Siding
  • Pool Features: None
  • RoadFrontageType: All Weather Road

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 2.0
  • Total Covered Spaces: 2.0
  • Parking Features: Covered, Garage Faces Front
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Association Management
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Association Name: COTTAGES AT MAGNOLIA VILLAGE OWNERS ASSOCIATION,IN

Schools

  • Elementary School: Dillingham
  • High School: Sherman
  • Junior High Dist: Sherman ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Cleared, Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.108
  • Parcel Number: 437037
  • Lot Size Acres: 0.108
  • Lot Size Sq Ft: 4704.48

Building Info

  • Year Built: 2025

Tax Info

  • TaxBlock: 2
  • Tax Lot: 1
  • Tax Annual Amount: 356.0

MLS Schools

  • MiddleOrJuniorSchool: Piner

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: North Texas Real Estate Information Systems (NTREIS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $196,662 New Conventional
Closed $597,650 New Conventional
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20849642

North Texas Real Estate Information Systems (NTREIS)

APN: 437037