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$629,000 Just Listed
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Property Description
Discover a beautifully updated modern farmhouse nestled on a pond just minutes from downtown Sherman. Offering a rare blend of privacy, style, and income-producing potential, this property delivers the peaceful country lifestyle while remaining conveniently located in one of North Texas' fastest-growing areas. The seller is open to selling all furnishing, décor, appliances, beds, and linens. Simply bring your suitcase and start enjoying the property from day one. Whether used as a full-time residence, weekend retreat, or investment property, this home is truly turnkey. The outdoor setting is where this property really shines. Simply taking in the peaceful views from the water. A setting like this is incredibly difficult to replicate, especially this close to the conveniences and continued growth of North Texas. For investors, the property has already demonstrated strong income potential, generating approximately $120,000 in Airbnb revenue in 2025. The home was designed with large-group stays in mind, creating a unique niche that can command premium nightly rates and attract strong demand. The combination of lakefront amenities, spacious accommodations, and an established rental operation gives this property an immediate advantage over traditional short-term rentals. The property is currently operating with established systems and professional management already in place, making this a true plug-and-play investment opportunity with minimal ramp-up required. Confirmed financials are available to qualified buyers upon review of proof of funds or lender approval. Located in Sherman within the rapidly expanding North Texas corridor, the property offers not only immediate lifestyle and income potential but also exposure to continued regional growth, development, and long-term appreciation. Contact us today to schedule a private showing or request additional property and financial details.
Full Property Details
Full Property Details for 260 McGraw Ln
General
- Price: $629,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21363039
- Updated: 8/27/2026
- Added to Site: Today
Interior
- Interior Features: Chandelier, Decorative/Designer Lighting Fixtures, Kitchen Island
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Electric
- Appliances: Dishwasher, Electric Oven, Disposal
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Covered
Location
- County: Grayson
- Subdivision: NA
- Driving Directions: From US-75 North, take the US-82 exit west toward Sherman. Continue west on US-82 for approximately 3 miles, then turn left onto McGraw Lane. Continue on McGraw Lane, and 260 McGraw Ln will be ahead on the left.
School Information
- Elem School District: Sherman ISD
- Midd School District: Sherman ISD
- High School District: Sherman ISD
- Elementary School: Crutchfield
- Middle School: Piner
- High School: Sherman
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Septic Available, Water Available
Structural Information
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Attached
- Roof: Composition
- Living Area: 3,527 Sq. Ft.
- Year Built: 1945
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.874
- Lot Size (Sq. Ft.): 38,071.44
- Lot Size Source: Public Records
- Lot Features: Interior Lot, Few Trees
- Fencing (Description): None
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 125644
Listed by Texoma Experts Realty, Drew Thorpe
Get Pre-Approved Today
Schools
Schools serving 260 McGraw Ln
School District:Sherman Independent School District
| Name | Grades | Distance |
|---|---|---|
Dillingham Elementary School 1701 Gallagher Drive, Sherman, TX 75090 | K-5 | 6.4 mi |
Sherman Middle 2201 East Lamar Street, Sherman, TX 75090 | 6-8 | 4.1 mi |
Sherman High School 2907 West Travis Street, Sherman, TX 75092 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 260 McGraw Ln
Date
Details
Price
Change
Source
8/27/2026
Listed
$629,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 260 McGraw Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,396
-10%
$201,060
—
2023
$3,787
-33%
$201,304
-10%
2022
$5,617
—
$223,897
-25%
2022
$5,617
348%
$299,168
45%
2021
$1,254
—
$206,511
3%
2020
$1,253
-47%
$200,234
82%
2019
$2,349
4%
$109,734
10%
2018
$2,268
15%
$99,758
5%
2017
$1,979
-23%
$94,825
-22%
2016
$2,564
-1%
$122,050
—
2015
$2,586
5%
$122,050
6%
2013
$2,454
—
$115,671
—
2013
$2,454
—
$115,789
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 260 McGraw Ln
260 McGraw Lane, Sherman, TX 75090 (MLS# 21363039) is a Single Family property with 5 bedrooms and 3 full bathrooms. 260 McGraw Lane is currently listed for $629,000 and was received on August 27, 2026. Want to learn more about 260 McGraw Lane? Do you have questions about finding other Single Family real estate for sale in Sherman? You can browse all Sherman real estate or contact a Coldwell Banker agent to request more information.

