Paragon Realtors Real Estate

260 Mcgraw LaneSherman, TX 75090Price: $629,000

  • Price: $629,000
  • Est. Mortgage of $/month
  • 4 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.66% last updated on Aug 27, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $629,000List Price
  • 5Bedrooms
  • 3Bathrooms
  • 0.87Acreage
  • 3,527Square Feet

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Listed by Drew Thorpe of Texoma Experts Realty (903-821-8566)
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, dcor, 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.

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Based on information submitted to North Texas Real Estate Information Services as of August 31, 2026 3:09 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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