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
Subdivision Na
MLS Listing ID 21363039
Style Traditional
Bedrooms 5
Full Baths 3
HOA Y/N None
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.
Rooms
Dining Room 1
Interior
Interior Features Chandelier, Decorative Lighting, Kitchen Island
Heating Central, Electric
Cooling Central Air, Electric
Flooring Carpet, Tile, Vinyl
Fireplaces Number 1
Fireplaces Type Electric
Appliance Dishwasher, Disposal, Electric Oven
Heat Source Central, Electric
Laundry Full Size W/D Area
Exterior
Carport Spaces 2
Fence None
Utilities Available Co-op Water, Septic
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Lot Description Few Trees, Interior Lot
Story Three Or More
Foundation Slab
Level or Stories Three Or More
Structure Type Siding
Schools
Elementary Schools Crutchfield
Middle Schools Piner
High Schools Sherman
School District Sherman Isd
Others
Restrictions No Known Restriction(s)
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21363039
