842 N Fm 1138 Nevada, TX 75173
3 Beds
3 Baths
2,465 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,465 sqft
Price per Sqft $324
Subdivision Community Corners
MLS Listing ID 21238407
Style Traditional,Barndominium,Detached,Farmhouse
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Y/N No
Year Built 1997
Annual Tax Amount $5,848
Lot Size 10.000 Acres
Acres 10.0
Property Sub-Type Single Family Residence
Property Description
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.
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.
Location
State TX
County Collin
Direction 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
Rooms
Other Rooms Garage(s), Outdoor Kitchen, Other, Residence, RV/Boat Storage, Shed(s), See Remarks, Workshop, Barn(s), Stable(s)
Interior
Interior Features Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Other, Pantry, Walk-In Closet(s)
Heating Central, Fireplace(s), Propane
Cooling Central Air, Ceiling Fan(s), Electric, Zoned
Flooring Ceramic Tile, Hardwood
Fireplaces Number 1
Fireplaces Type Living Room, Other
Fireplace Yes
Window Features Bay Window(s),Shutters,Window Coverings
Appliance Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
Laundry Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Exterior
Exterior Feature Courtyard, Fire Pit, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Other, Private Entrance, Rain Gutters, Storage
Parking Features Additional Parking, Concrete, Covered, Carport, Detached Carport, Direct Access, Driveway, Electric Gate, Garage, Garage Door Opener, Heated Garage, Lighted, Oversized, Parking Pad, Private, RV Carport, See Remarks, Workshop in Garage, Boat, RV Access/Parking
Garage Spaces 3.0
Carport Spaces 2
Fence Barbed Wire, Electric, Fenced, Gate, Vinyl, Wire
Pool None
Utilities Available Electricity Available, Electricity Connected, Propane, Overhead Utilities, Phone Available, Septic Available, Separate Meters, See Remarks, Water Available
Water Access Desc Public
Roof Type Composition
Present Use Cattle,Livestock,Other,Residential,Single Family,See Remarks
Street Surface Concrete,Gravel
Porch Covered
Road Frontage Farm to Market Road, Private Road
Garage Yes
Building
Lot Description Acreage, Back Yard, Lawn, Landscaped, Other, Pasture, Pond on Lot, Many Trees
Dwelling Type House
Foundation Slab
Sewer Aerobic Septic, Septic Tank
Water Public
Level or Stories One
Additional Building Garage(s), Outdoor Kitchen, Other, Residence, RV/Boat Storage, Shed(s), See Remarks, Workshop, Barn(s), Stable(s)
Schools
Elementary Schools Mcclendon
Middle Schools Leland Edge
High Schools Community
School District Community Isd
Others
Senior Community No
Tax ID R204400001101
Security Features Security Gate,Other,Smoke Detector(s)
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21238407