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 Winfred Bailey Surv Abs #64
MLS Listing ID 21237931
Bedrooms 5
Full Baths 3
HOA Y/N None
Year Built 1945
Annual Tax Amount $3,396
Lot Size 0.874 Acres
Acres 0.874
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TX
County Grayson
Direction From Interstate 75, take the US-82 exit west toward Sherman, continue 3 miles then turn left onto McGraw Ln, where 260 McGraw Ln will be ahead on your left.
Rooms
Dining Room 1
Interior
Interior Features Built-in Features, Wet Bar
Fireplaces Number 1
Fireplaces Type Decorative, Electric
Appliance Dishwasher, Dryer
Exterior
Carport Spaces 2
Utilities Available Septic
Waterfront Description Lake Front
Total Parking Spaces 2
Garage No
Building
Story Three Or More
Level or Stories Three Or More
Schools
Elementary Schools Dillingham
Middle Schools Sherman
High Schools Sherman
School District Sherman Isd
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21237931
Nearby Locations
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