5 Beds
3 Baths
3,527 SqFt
5 Beds
3 Baths
3,527 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 3,527 sqft
Price per Sqft $178
Subdivision Na
MLS Listing ID 21363039
Style Traditional,Detached
Bedrooms 5
Full Baths 3
Construction Status Resale
HOA Y/N No
Year Built 1945
Lot Size 0.874 Acres
Acres 0.874
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Grayson
Direction 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.
Interior
Interior Features Chandelier, Decorative/Designer Lighting Fixtures, Kitchen Island
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Tile, Vinyl
Fireplaces Number 1
Fireplaces Type Electric
Fireplace Yes
Appliance Dishwasher, Electric Oven, Disposal
Exterior
Parking Features Covered
Carport Spaces 2
Fence None
Pool None
Utilities Available Septic Available, Water Available
Water Access Desc Community/Coop
Roof Type Composition
Garage No
Private Pool No
Building
Lot Description Interior Lot, Few Trees
Dwelling Type House
Foundation Slab
Sewer Septic Tank
Water Community/Coop
Level or Stories Three Or More
Construction Status Resale
Schools
Elementary Schools Crutchfield
Middle Schools Piner
High Schools Sherman
School District Sherman Isd
Others
Tax ID 125644
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21363039
Nearby Locations
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