260 Mcgraw Lane, Sherman, TX 75090
Local realty services provided by:CENTURY 21 Alliance Properties
260 Mcgraw Lane,Sherman, TX 75090
$649,000
- 5 Beds
- 3 Baths
- 3,527 sq. ft.
- Single family
- Active
Listed by: victor steffen
Office: exp realty llc.
MLS#:21279187
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 #:21279187
- Added:8 day(s) ago
- Updated:May 31, 2026 at 11:52 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
$319,000Active4 beds 3 baths2,388 sq. ft.3800 Sky Drive, Sherman, TX 75090
MLS# 21280864Listed by: KELLER WILLIAMS PROSPER CELINA - New
$235,000Active4 beds 2 baths1,560 sq. ft.1401 Pheasant Drive, Sherman, TX 75092
MLS# 21281674Listed by: COLDWELL BANKER APEX, REALTORS - New
$329,000Active3 beds 2 baths1,989 sq. ft.2601 Rolling Hills Drive, Sherman, TX 75092
MLS# 21284633Listed by: EXP REALTY - New
$210,000Active3 beds 2 baths1,450 sq. ft.1419 Hillcrest Drive, Sherman, TX 75092
MLS# 21284581Listed by: KELLER WILLIAMS FRISCO STARS - New
$1,227,500Active2.82 Acres000 N Masters Street, Sherman, TX 75090
MLS# 21251800Listed by: KELLER WILLIAMS REALTY DPR - New
$325,000Active3 beds 3 baths2,605 sq. ft.1400 Crescent Drive, Sherman, TX 75092
MLS# 21253687Listed by: KELLER WILLIAMS NORTH COUNTRY - New
$45,000Active0.16 Acres806 E Houston Street, Sherman, TX 75090
MLS# 21279563Listed by: C-21 DEAN GILBERT, REALTORS - New
$229,900Active5 beds 2 baths1,469 sq. ft.1503 E Wells Avenue, Sherman, TX 75090
MLS# 21284490Listed by: UNITED REAL ESTATE - New
$255,000Active3 beds 2 baths1,671 sq. ft.1818 W Belden Street, Sherman, TX 75092
MLS# 21283321Listed by: KELLER WILLIAMS NO. COLLIN CTY - New
$499,000Active3 Acres2700 E Hwy 82, Sherman, TX 75090
MLS# 21282086Listed by: VP REALTY SERVICES