Waterfront - Seller Financing
Address
7404 County Road 964, Nevada, TX
Price
$ 950,000
Property Attributes
- MLS#21228583
- TypeSingle Family
- Listing Status Active
- CountyCOLLIN
- CityNevada
- NeighborhoodDeep Water Point
- Zip75173
- StyleTraditional
- Year Built1968
- Taxes$ 4579
- Price$ 950,000
- Bedrooms6
- Full Bathrooms5
- Half Bathrooms2
- Sqr Footage4208
- Lot Size0.35 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
Lakefront retreat, income opportunity, and private escape all in one property located less than an hour from Dallas on the shores of Lake Lavon. This unique property offers flexibility for personal use, investment, or multi-generational living with multiple possible income strategies. Currently operating with strong short-term rental appeal, the property has potential for six-figure gross annual STR income depending on occupancy and management. The flexible layout may also work well for mid-term rentals, long-term rentals, house hacking opportunities, rent-by-the-room concepts, corporate retreats, group retreats, or hybrid owner-occupant investment strategies. Designed for gathering and entertaining, the property features expansive outdoor spaces, lake views, multiple living and sleeping areas, updated finishes, hot tub, firepit area, and large common spaces ideal for hosting guests or extended stays. Opportunities like this near DFW are becoming increasingly rare as development and growth continue around Lake Lavon. Whether you're searching for a waterfront residence, weekend getaway, Airbnb investment, or flexible income-producing property, this one offers options difficult to find in today’s market. Seller is open to discuss owner financing.
| Elementary School |
|---|
| Mcclendon Elementary School |
| Price History | |
|---|---|
| 5/6/2026 | Listed $950,000 |
General Features
| Heating | Central,Electric,Fireplace(s) |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric |
| Utilities | All Weather Road,Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Phone Available,Septic,Well |
| Possession | Closing/Funding |
| Roof | Composition |
| Appliances | Dishwasher,Electric Cooktop,Electric Range,Double Oven,Plumbed For Gas in Kitchen,Refrigerator |
| Easements | Utilities,Other |
| Number of Garage Spaces | 2 |
| Restrictions | Deed,Easement(s),Other |
| School District | Community ISD |
| Exclusions | All personal property negotiable. |
| Year Built | 1968 |
| Architectural Style | Traditional,Other |
| Levels | Two |
| Unexempt Taxes | 4579 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Deep Water Point |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| County | Collin |
| Property Type | Residential |
| Construction Materials | Metal Siding,Siding,Wood |
| Year Built Details | Preowned |
| Accessory Unit Y/N | No |
| HOA Type | None |
| Full Baths | 5 |
| Status | Active |
| Directions | From HWY 78,exit 489 West. South on 487,West on 964. |
| City | Nevada |
| Elementary School Name | Mcclendon |
| High School | Community |
| Elementary School | Mcclendon |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21228583 |
| Standard Status | Active |
| Listing Terms | Cash,Conventional,Owner Carry Second,Owner Will Carry |
Interior Features
| Interior Features | Cable TV Available,Decorative Lighting,Paneling,Vaulted Ceiling(s),Wet Bar |
|---|---|
| Flooring | Ceramic Tile,Tile,Wood |
| Fireplace Features | Brick,Freestanding,Gas Starter,Wood Burning,Other |
| Fireplaces Total | 2 |
| Dining Areas | 1 |
| Living Areas | 2 |
| Room Count | 20 |
| Half Baths | 2 |
| Lock Box Type | None |
| Total Bedrooms | 6 |
| Total Baths | 7 |
Exterior Features
| Waterfront | Yes |
|---|---|
| Exterior Features | Balcony,Courtyard,Covered Patio/Porch,Fire Pit,Private Yard,RV/Boat Parking,Storage,Other |
| Lot Features | Corner Lot,Greenbelt,Landscaped,Lrg. Backyard Grass,Many Trees,Subdivision,Water/Lake View,Waterfront |
| Fencing | Partial,Wood |
| Garage Length | 24 |
| Garage Width | 24 |
| Other Structures | Garage(s),Separate Entry Quarters |
| Parking Features | Garage,Garage Faces Side |
| WaterFront Features | Lake Front,Lake Front – Corps of Engineers,Lake Front – Main Body |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 2 |
| Foundation | Pillar/Post/Pier |
| Pool Features | Separate Spa/Hot Tub |
| Lot Size Area | 0.3500 |
| Lot Size Units | Acres |
| Structural Style | Lake House,Single Detached,Vacation Home |
| Garage Y/N | Yes |
| Lot Size Square Feet | 15246.0000 |
| Lot Size Acres | 0.3500 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75173
Price
Taxes
Year Built
Visits
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