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$649,000

Listing Price

5beds

3baths

3,527sqft

38,071sqft lot

260 Mcgraw Ln, Sherman, TX 75090

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

178.34

Price / sqft

1945

Year built

Home Details

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, decor, 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.nThe 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. nFor investors, the property has already demonstrated strong income potential, generating approximately $100,000 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 financial

Interior Details

Square Feet
  • 3527

Bedrooms
  • 5

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    No

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 38071

Water
  • No

Sewer
  • No

Parking
  • Type:

    Carport (unspecified)

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    3

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Wood

Foundation
  • N/A

Roof
  • Gable/hip

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,440

$0

$0

--%

$120,707

2019

$2,348

$0

$0

--%

$109,734

2018

$2,268

$8,300

$91,458

--%

$99,758

2017

$1,979

$8,300

$86,525

--%

$94,825

2016

$2,564

$8,300

$113,750

--%

$122,050

2013

$2,453

$9,222

$106,449

--%

$115,671

2013

$2,453

$9,222

$106,567

--%

$115,789

2012

$3,851

$9,222

$106,087

--%

$115,309

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Average Home Price in 75090

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
649,000
$
Down payment
129,800
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
3,894
$
HOA (Monthly)
0
$
PMI
0
$
$4,201
Your Payment
Total Monthly Payment:$4,201
Percent of Income:72%
Affordable:No

Details for 260 MCGRAW LN

Property Debt

Foreclosure Contact Details

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