TX
Grayson
Sherman
75090
260 Mcgraw Lane
260 Mcgraw Lane, Sherman, TX 75090
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Listing Type
Single Family
Listing Status
Active
40
$649,000

Home Details for 260 Mcgraw Lane

Price
$649,000
Type
Residential
Bedrooms
5
Total Bathrooms
3
Full Bathrooms
3
Square feet
3527
Year built
1945
Lot size acres
0.874
County
Grayson
Total rooms
2
MLS Listing#
21237931
Property Description

Beautifully updated modern farmhouse on a private lake just outside downtown Sherman. This is a rare combination of setting, finish-out, and owner-flexibility in a quiet country home with water access, all within easy reach of North Texas growth. The property is being sold fully furnished, with all furniture, décor, appliances, beds, and linens conveying with the sale. It’s truly turnkey, walk in and start enjoying it immediately. The outdoor experience is what sets this property apart. Private lake access with your own dock, fishing, paddle boarding, and a hot tub overlooking the water. It’s peaceful, private, and very rare to find at this price point. For investors, this is a proven short-term rental. The property generated $120,000 in Airbnb revenue in 2025 and is purpose-built for large group bookings, a niche that consistently drives higher nightly rates and strong occupancy. The lakefront setting creates an experiential advantage that most STRs cannot replicate, supporting premium pricing and repeat demand. The home is already operating with established systems and professional management in place, offering a true plug-and-play opportunity with immediate income and minimal ramp-up. Confirmed financials are available and can be shared with qualified buyers upon review of proof of funds or lender approval. Located in Sherman, part of the rapidly expanding North Texas corridor, the property also benefits from continued population growth, new development, and long-term appreciation trends. Whether you’re looking for a primary residence, a second home on the water, or a high-performing Airbnb, this property checks all three boxes. Reach out to schedule a showing or request additional details.

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Property Features
  • House Interior
    • Built-in Features
    • Wet Bar
  • Parking
    • Additional Parking
    • Covered
  • Fire Place
    • Decorative
    • Electric
  • Waterfront and Water Access
    • Lake Front
School Information
School Information for 260 Mcgraw Lane, Sherman, TX 75090
Elementary School
Dillingham
Middle School
Sherman
High School
Sherman
Listing Courtesy: eXp Realty LLC - 888-519-7431
Presented by: Victor Steffen
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-04-14 02:57:28
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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