USATXShermanWinfred Bailey Surv Abs #64260 Mcgraw Ln

260 Mcgraw Ln, Sherman, TX

House

For Sale

Listed price in listed location currency (USD).

$649,000

530

MLS® 21237931

Overview

Key Facts

Type Single Family Residence

Levels Residential

Size 3527 sqft

Garage

Taxes $3,396

Days Active 3

Lot Size

Approx. Age 1945

Avg. Price Per Sqft $184

MLS® Number 21237931

Property Address: 260 Mcgraw Ln, Sherman, TX, 75090-3504

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number21237931

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1945

Basement

DrivewayAdditional Parking, Covered

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 13, 2026List Date

$649,000List Price

Map

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