260 Mcgraw Lane
Sherman, TX, 75090
$649,000
5 Beds
3 Baths
3,527 SqFt
0.87 Acres
MLS #21237931 image #0

Location

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.

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$649,000
MLS #:
21237931
Status:
Active
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Winfred Bailey Surv Abs #64
Listed Date:
Apr 13, 2026
Finished Sq Ft:
3,527
Lot Size:
38,071 sqft / 0.87 acres (approx)
Year Built:
1945
WaterfrontWinfred Bailey Surv Abs #64Sherman IsdDillinghamShermanSherman

Schools

School District:
Sherman ISD
Elementary School:
Dillingham
Middle School:
Sherman
High School:
Sherman

Interior

Bathrooms Full
3
Fireplace Features
Decorative, Electric
Fireplaces Total
1
Interior Features
Built-in Features, Wet Bar
Number Of Living Areas
1

Exterior

Carport Spaces
2
Lot Size Area
0.8740
Waterfront Features
Lake Front

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Community

Subdivisions in Sherman

Market Summary

Current real estate data for Single Family in Sherman as of Apr 21, 2026
544
Single Family Listed
101
Avg DOM
189
Avg $ / SqFt
$403,138
Avg List Price

Property Summary

    Located in the Winfred Bailey Surv Abs #64 subdivision, 260 Mcgraw Lane Sherman TX is a Single Family for sale in Sherman, TX, 75090. It is listed for $649,000 and features 5 beds, 3 baths, and has approximately 3,527 square feet of living space, and was originally constructed in 1945. The current price per square foot is $184. The average price per square foot for Single Family listings in Sherman is $189. The average listing price for Single Family in Sherman is $403,138. To schedule a showing of MLS#21237931 at 260 Mcgraw Lane in Sherman, TX, contact your Aaron Layman Properties agent at 940-209-2100.
260 Mcgraw Lane
Sherman, TX