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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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260 McGraw Ln , Sherman, TX 75090
$629,000
Est. Payment: $3,481.65/mo
5 Bed
3 Bath
3527 Sqft
0.87 Acres
Status: active | Days on site: 44
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House 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.

Highlights

Listed by Drew Thorpe , Texoma Experts Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.87

Year Built

1945

County

Grayson

Neighborhood

Na

School District

Sherman ISD

Listing ID

21363039

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:3
Appliances:Dishwasher, Disposal, Electric Oven
Air Cond:Central Air,Electric
Fireplaces:Electric
Floor:Carpet,Tile,Vinyl
Other:
  • ▪ Additional:Chandelier, Decorative Lighting, Kitchen Island, Master on Main

Exterior Features

Lot:Few Trees,Interior Lot,.5 to < 1 Acre
Roof:Composition
Others:
  • ▪ Additional:Preowned
Parking Features:Covered
Principal Interest
$3,482
Taxes
$401

Home Price

$629,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$125,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,481.65

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,481.65 $400.99 $0.00 $3,882.64
Yearly $41,779.83 $4,811.85 $0.00 $46,591.68
Total $1,253,394.92 $144,355.50 $0.00 $1,397,750.42

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Sherman, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T14:09:27.167Z

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