Address
842 N Fm 1138, Nevada, TX
Price
$ 770,000
Property Attributes
- MLS#21238407
- TypeSingle Family
- Listing Status Active
- CountyCOLLIN
- CityNevada
- NeighborhoodCommunity Corners
- Zip75173
- StyleTraditional
- Year Built1997
- Taxes$ 5848
- Price$ 770,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2465
- Lot Size10 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
10 ACRES with WORKSHOP & BARN! RESIDENTIAL & COMMERCIAL POTENTIAL Welcome to 842 N FM 1138—a rare opportunity to own a fully functional property that blends comfortable living, outdoor lifestyle, and income or business potential all in one. Situated on approximately 10 fenced acres with gated entry, this 3-bedroom, 2-bath home offers over 2,400 square feet of well-designed space, surrounded by open land, mature trees, and room to expand. Inside, you’ll find a spacious layout featuring hardwood floors, plantation shutters, and a large living area with fireplace. The kitchen is built for both everyday living and entertaining, complete with granite countertops, a large island, abundant cabinetry, breakfast bar, and dedicated dining spaces. The primary suite offers a true retreat with a spacious layout, dual vanities, and a walk-in shower, while additional rooms provide flexibility for family, guests, or home office use. Huge Bonus Room! Step outside and the property truly comes to life: Heated and cooled workshop with electricity and built-ins 3-stall barn with wash stall, tack room, and feed room Outdoor kitchen with built-in grill and sink—perfect for entertaining Additional storage shed and ample space for RV, boat, or equipment parking Fully fenced acreage with remote-controlled gated entrance Whether you’re looking for a homestead, hobby farm, business setup, or future development opportunity, this property offers unmatched flexibility. Commercial use potential adds an additional layer of value—ideal for buyers looking to live and work in one location or invest in future development. Enjoy the peace and privacy of country living while remaining conveniently located near major highways, shopping, and surrounding cities. Opportunities like this—with land, improvements, and versatility—are increasingly hard to find. Schedule your showing today.
| Elementary School |
|---|
| Mcclendon Elementary School |
| Price History | |
|---|---|
| 4/15/2026 | Listed $799,000 |
| 5/28/2026 | 2$785,000 |
| 7/7/2026 | 2$770,000 |
General Features
| Heating | Central,Fireplace(s),Propane |
|---|---|
| Cooling | Ceiling Fan(s),Central Air,Electric,Zoned |
| Utilities | Aerobic Septic,City Water,Concrete,Electricity Available,Electricity Connected,Gravel/Rock,Individual Water Meter,Overhead Utilities,Phone Available,Private Road,Propane,Septic,See Remarks |
| Possession | Lease Outstanding,Negotiable |
| Roof | Composition |
| Appliances | Dishwasher,Disposal,Electric Cooktop,Electric Oven,Microwave,Other |
| Easements | Access |
| current use | Cattle,Livestock,Residential,Single Family,See Remarks,Other |
| Number of Garage Spaces | 3 |
| Restrictions | Lease While on Market,No Known Restriction(s) |
| School District | Community ISD |
| Exclusions | Landscape equipment,Tenants Property,grills,patio furniture on and in the garages and sheds,etc. |
| Year Built | 1997 |
| Architectural Style | Traditional,Other |
| Levels | One |
| Unexempt Taxes | 5848 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Community Corners |
| Possible Use | Agricultural,Barndominium,Cattle,Commercial,Development,Horses,Investment,Livestock,Mixed Use,Multi-Family,Residential,Retail,Single Family,Subdevelopment,See Remarks,Other |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| Carport Spaces | 2 |
| County | Collin |
| Property Type | Residential |
| Security Features | Security Gate,Smoke Detector(s),Other |
| Construction Materials | Brick,Other |
| Year Built Details | Preowned |
| Accessory Unit Y/N | No |
| HOA Type | None |
| Full Baths | 2 |
| Status | Active |
| Directions | From Hwy 78 in Lavon,head east toward Nevada. Turn onto FM 6 and continue north. Turn right onto FM 1138 Property will be on the East Side |
| City | Nevada |
| Elementary School Name | Mcclendon |
| High School | Community |
| Elementary School | Mcclendon |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21238407 |
| Standard Status | Active |
| Listing Terms | 1031 Exchange,Cash |
Interior Features
| Interior Features | Built-in Features,Decorative Lighting,Eat-in Kitchen,Granite Counters,High Speed Internet Available,Kitchen Island,Other,Pantry,Walk-In Closet(s) |
|---|---|
| Flooring | Ceramic Tile,Hardwood |
| Fireplace Features | Living Room,Other |
| Fireplaces Total | 1 |
| Dining Areas | 2 |
| Living Areas | 2 |
| Number Of Residences | 1 |
| Room Count | 9 |
| Half Baths | 1 |
| Lock Box Type | See Remarks |
| Total Bedrooms | 3 |
| Total Baths | 3 |
| Window Features | Bay Window(s),Shutters,Window Coverings |
| Laundry Features | Electric Dryer Hookup,Utility Room,Full Size W/D Area,Dryer Hookup |
Exterior Features
| Exterior Features | Attached Grill,Courtyard,Covered Patio/Porch,Fire Pit,Rain Gutters,Lighting,Outdoor Kitchen,Outdoor Living Center,Private Entrance,RV/Boat Parking,Stable/Barn,Storage,Other |
|---|---|
| Lot Features | Acreage,Landscaped,Lrg. Backyard Grass,Many Trees,Other,Pasture,Tank/ Pond |
| Vegetation | Cleared,Grassed |
| Fencing | Barbed Wire,Electric,Fenced,Gate,Vinyl,Wire |
| Soil Type | Unknown |
| Garage Length | 30 |
| Garage Width | 50 |
| Horse Amenities | Barn(s),Stable(s),Tack Room |
| Other Structures | Barn(s),Garage(s),Outdoor Kitchen,Residence,RV/Boat Storage,See Remarks,Shed(s),Stable(s),Workshop w/Electric,Other |
| Lot Size Source | Assessor |
| Parking Features | Additional Parking,Boat,Carport,Concrete,Covered,Detached Carport,Direct Access,Driveway,Electric Gate,Garage,Garage Door Opener,Heated Garage,Lighted,Oversized,Parking Pad,Private,RV Access/Parking, |
| Lot Size | 10 to < 50 Acres |
| Covered Spaces | 5 |
| Foundation | Slab |
| Lot Size Area | 10.0000 |
| Lot Size Units | Acres |
| Farm Ranch Features | Fenced for Cattle,Fenced for Horses |
| Structural Style | Farm/Ranch House,Single Detached |
| Garage Y/N | Yes |
| Road Frontage Type | FM Road,Private Road |
| Lot Size Square Feet | 435600.0000 |
| Lot Size Acres | 10.0000 |
| Road Surface Type | Concrete |
| Patio And Porch Features | Covered |
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
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