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.
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
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
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.