260 Mcgraw Lane, Sherman, TX 75090
Local realty services provided by:CENTURY 21 Judge Fite Company
Listed by: victor steffen
Office: exp realty llc.
MLS#:21237931
Source:GDAR
Price summary
- Price:$649,000
- Price per sq. ft.:$184.01
About this home
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....
Contact an agent
Home facts
- Year built:1945
- Listing ID #:21237931
- Added:15 day(s) ago
- Updated:April 29, 2026 at 11:53 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Dishwasher
- Living area:3,527 sq. ft.
Structure and exterior
- Year built:1945
- Building area:3,527 sq. ft.
- Lot area:0.87 Acres
Schools
- High school:Sherman
- Middle school:Sherman
- Elementary school:Dillingham
Finances and disclosures
- Price:$649,000
- Price per sq. ft.:$184.01
- Tax amount:$3,396
Features and amenities
- Appliances:Dishwasher, Dryer
- Laundry features:Dryer
Parking
- Carport spaces:2
New listings near 260 Mcgraw Lane
- New
$549,000Active5 beds 5 baths3,190 sq. ft.416 S Elm Street, Sherman, TX 75090
MLS# 21246284Listed by: COMPASS RE TEXAS, LLC - New
$329,000Active3 beds 2 baths1,871 sq. ft.2113 Ajay Drive, Sherman, TX 75092
MLS# 21251429Listed by: EBBY HALLIDAY REALTORS - New
$240,000Active4 beds 2 baths1,738 sq. ft.1116 S Hazelwood Street, Sherman, TX 75090
MLS# 21252113Listed by: BETTER HOMES AND GARDENS REAL - New
$1,275,000Active6 beds 3 baths4,237 sq. ft.4652 Old Southmayd Road, Sherman, TX 75092
MLS# 21249800Listed by: EXP REALTY LLC - New
$279,900Active3 beds 2 baths1,983 sq. ft.813 S Andrews Street, Sherman, TX 75090
MLS# 21251272Listed by: RE/MAX SIGNATURE PROPERTIES - New
$319,900Active3 beds 2 baths1,786 sq. ft.2221 Trailside Drive, Sherman, TX 75092
MLS# 21251210Listed by: CENTURY COMMUNITIES - New
$332,900Active4 beds 3 baths2,013 sq. ft.2200 Trailside Drive, Sherman, TX 75092
MLS# 21251219Listed by: CENTURY COMMUNITIES - New
$333,900Active4 beds 3 baths2,013 sq. ft.2209 Trailside Drive, Sherman, TX 75092
MLS# 21251239Listed by: CENTURY COMMUNITIES - New
$359,900Active3 beds 3 baths2,449 sq. ft.2302 Golden Hoof Drive, Sherman, TX 75092
MLS# 21251251Listed by: CENTURY COMMUNITIES - New
$449,000Active3 beds 2 baths1,756 sq. ft.591 Mitchell Road, Sherman, TX 75090
MLS# 21251160Listed by: STEVE COOK & CO, REALTORS