260 Mcgraw Lane, Sherman, TX 75090

• 5 beds |
• 3 baths |
• 3,527 sqft

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.

Listing Status:

Active

Data Last Updated:

April 30, 2026 at 3:21PM

Listing Office:

eXp Realty LLC : 888-519-7431

Listing Agent:

Victor Steffen :

MLS ID:

21237931

Interior

• General: Wet BarBuilt-in Features
• Appliances: DryerDishwasher
• Fireplace: DecorativeElectricFireplaceFireplaces: 1

Exterior

• Style: Detached
• Pool: None
• Parking: Additional ParkingCovered

Construction

• General: Three Or More

Location

• Originating MLS: NTR
• School District: Sherman ISD
• County: Grayson

Lot

• Zoning: G-0064 BAILEY WINIFRED A-G0064ACRES .874125644

Utilities

• Utilities: Septic Available
• Sewer: Septic Tank

Financial

• Source: NTR