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260 Mcgraw Lane, Sherman, TX 75090

$649,000
  • 260 Mcgraw Lane, Sherman, TX 75090 Main Photo

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New to the Market Active
BEDS5 BATHS3 full SQUARE FEET3,527 MLS#21237931
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONWinfred Bailey Surv Abs #64 SCHOOLSherman ISD

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.

260 Mcgraw Lane | MLS# 21237931

This single family home located at 260 Mcgraw Lane, Sherman, TX 75090 is currently listed for sale with an asking price of $649,000. This property was built in 1945 and has 5 bedrooms and 3 full baths with 3527 sq. ft. Mcgraw Lane is located in the Winfred Bailey Surv Abs #64 subdivision within the Sherman ISD school district. Search Winfred Bailey Surv Abs #64 real estate on www.kellyrealtors.com today.

Property Features

Property Type: Residential - Single Family
Fireplaces: 1
Lot Size: 0.87 Acres
Year Built: 1945

Amenities

Built-in Features
Wet Bar

Feature Descriptions

Appliances: Dishwasher, Dryer
Days on Site: 1
Fireplace: Decorative, Electric
Parcel#: 125644
Parking: Additional Parking, Covered
Parking Notes: Additional Parking, Covered
Utilities: Septic
Water Features: Lake Front

Local Schools

Elementary School: Dillingham
School District: Sherman ISD

Listed By / Shown By

Listed By

Agency Name: eXp Realty LLC
Agency Contact: 570-780-1838
Agent Name: Victor Steffen

Shown By

Agency Title: Kelly, Realtors
Agency Phone: (254) 741-1500
Agency Email: info@kellyrealtors.com
Agency Text: (254) 717-6447

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Estimated Payment

$ 1,633.68 per month $1,444.39 Principal & Interest $0.00 Property Tax (data not provided by mls) $189.29 Homeowner's Insurance

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