Nevada Homes under $500,000

Welcome to Nevada, Texas—a charming small town nestled in the heart of Collin County, where southern hospitality meets the allure of suburban living. With a population of just over 1,000 residents, Nevada offers a tight-knit community atmosphere that is perfect for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Situated just a short drive from the vibrant cities of Dallas and Plano, Nevada combines the tranquility of rural living with convenient access to urban amenities. Residents can enjoy local parks, recreational activities, and community events that bring everyone together. The town’s picturesque landscape, dotted with charming homes and sprawling fields, creates a serene backdrop that feels like home.

For those seeking affordable housing options, Nevada is an excellent choice. With homes priced under $500,000, buyers can find a range of properties that fit their needs—whether you’re looking for a cozy single-family home or a spacious property with room to grow. The real estate market here offers great value, with many homes featuring modern amenities, large yards, and a welcoming neighborhood vibe.

Living in Nevada means embracing a lifestyle that values community, comfort, and accessibility. With its friendly residents, beautiful surroundings, and affordable housing options, this quaint town is an ideal place to call home. Explore the opportunities Nevada has to offer and discover why so many are choosing to make this hidden gem their permanent residence!

Newest Nevada Homes under $500,000

$289,900

4 Beds ⋅ 2 Baths ⋅ 21400644 MLS

Welcome to this amazing single story well maintained spacious 4br and 2 baths home on a unique oversized lot with No HOA, and opportunity of nice relaxing country living, this property has tons of style, beautiful laminate flooring throughout, ceramic tile in kitchen, enclosed patio for relaxing and enjoy the well sized .581 large yard surrounded of beauty

14154 County Road 546, Nevada

$250,000

2 Beds ⋅ 1 Baths ⋅ 21401867 MLS

Welcome to this beautifully renovated lakeside retreat in Nevada, Texas. Nestled near the water and thoughtfully redesigned, this move-in-ready home combines modern upgrades with peaceful country-lake living. Situated on a spacious corner lot, this property offers an abundance of outdoor space rarely found at this price point. The oversized front yard and huge backyard provide endless possibilities for entertaining, relaxing, gardening, or future expansion. The large front yard also offers plenty of room for RV parking, making it ideal for boat owners, travelers, or outdoor enthusiasts. This fully remodeled home features all-new flooring, fresh interior walls and finishes, a completely updated bathroom, brand-new kitchen appliances, and a new HVAC system for year-round comfort. Major exterior improvements include a new roof, new windows, and newly installed fencing, offering both peace of mind and longterm value. In addition to the beautifully updated home, the property also includes two storage buildings and a versatile detached garage carport large enough for vehicle parking, boat storage, or workshop use - perfect for lake-life living and outdoor enthusiasts. Whether you’re looking for a cozy primary residence, a relaxing weekend lake retreat, or a short-term rental investment, this property offers incredible flexibility and potential. Its peaceful setting, large lot, and ample parking make it an excellent Airbnb or vacation rental opportunity for guests seeking a private lakeside getaway. Enjoy the charm of country living while still being within reach of nearby city amenities. Actual size is bigger than city records. A rare opportunity to own a turn-key, fully updated home near the lake - ready for its next owner to enjoy Information Deemed Reliable, but not Guaranteed.

5776 County Road 927, Nevada

$462,000

2 Beds ⋅ 2 Baths ⋅ 21389667 MLS

Some homes simply make you slow down. This classic American Victorian feels like a step back into simpler times where the front porch was the heart of the home and there was always time for a glass of iced tea and a good conversation. Nestled on a 1.0 acre treed lot at the end of a dead-end street and adjacent to Corp of Engineer land, this property offers a natural country setting with fabulous views. This charming home was the builder's personal home, and it features a beautiful wraparound porch, tall windows, multiple gables and dormers, hardwood floors and the distinctive character that makes it truly special. The existing living space offers two bedrooms, two bathrooms, a spacious family room, kitchen, and formal dining area. It is an inviting layout with an abundance of character. A major highlight is the approximately 1,100-square-foot unfinished second story, offering an opportunity to expand the home to approximately 2,600 square feet of living space. Plumbing has been stubbed out and the additional space could be designed to accommodate 2 or 3 bedrooms, a game room, or other flexible living areas. There is a small creek that runs seasonally across the front, An 18' x 15' concrete pad for workshop has been poured. The views and trees are wonderful. Fishing and boating at Lake Lavon is just minutes away. This property has so much potential! it's so nostalgic and inviting—a home that doesn’t just welcome you in, but makes you want to stay awhile.

7808 County Road 542, Nevada

$324,900

3 Beds ⋅ 2 Baths ⋅ 21387678 MLS

Looking for a little more freedom than the typical neighborhood offers? With 2,136 sq ft, two lots and NO HOA, this home gives you all that & more. Spread out, park the toys, run your trade business, or simply enjoy having space of your own. Just minutes from beautiful Lavon Lake, this renovated farmhouse style home blends character with big updates already done for you. The roof and HVAC updated in 2019, with improvements to plumbing, electrical, flooring, & a new septic system in 2023. Wood beamed ceilings immediately set this home apart, carrying from the living area into a bright, welcoming kitchen. Cambria quartz countertops, a farmhouse sink, pot filler and breakfast bar make it a kitchen designed to be enjoyed. The first-floor primary suite feels like its own private retreat. The primary bath features a freestanding tub, tiled shower, built in dressing area with vanity & drawers, plus a huge walkin closet with plenty of room to keep everything organized. Upstairs, you'll find two generously sized bedrooms, each with its own spacious walk-in closet. The bedrooms share a Jack-and-Jill bath with tub shower combo plus two separate sink & vanity areas, giving each bedroom its own space. A loft, adding another living area and an oversized laundry room with room for a freezer, folding tables, canning area or extra storage. The outdoor brings mature oak & pecan trees offering great shade for outdoor fun. Two lots opens all kinds of possibilities, while the expanded gravel drive provides parking for all your vehicles plus a boat, RV. or ATVs. The oversized shed could easily serve as a workshop, home office, business space or serious storage. Whether you're looking for a home near the lake, room for your business and equipment, or a property with short-term rental potential, this isn't your cookie-cutter neighborhood house. It's 2,136 square feet of character, flexibility and breathing room with the freedom to make the property work for the way you live.

5455 County Road 924, Nevada

$259,000

4 Beds ⋅ 2 Baths ⋅ 21389079 MLS

Looking for a place to just get away? This lakeside escape is for you! It is an almost new lake home built in 2023 with 1584 SF and has no HOA. This home is set on a spacious corner lot with 4 bedrooms, 2 full baths with generous living room and dining room. Built with energy efficient spray foam insulation and durable metal roof. There is also a separate 576 SF detached building with its own bathroom that offers endless possibilities. Since it's AirBnB friendly, one can use it as a studio guest suite, office, or finish it out as a second living space or an AirBnB rental. Whether you're looking for full-time residence, vacation home, or income producing property, this flexible and low maintenance lake house is a must see!

5777 County Road 927, Nevada

$398,140

4 Beds ⋅ 3 Baths ⋅ 21385969 MLS

This Everett home in Waverly Estates sits on a large corner lot and will be ready for move-in by December 2026. The open floor plan features luxury vinyl plank flooring throughout the main living areas and architectural tray ceilings in the living room. In the kitchen, you will find durable quartz countertops and streamlined workspace for meal preparation. The primary suite includes a spacious bedroom and a large closet. Outside, the patio provides a quiet spot to relax, while the three-car garage offers significant storage. Residents enjoy community amenities including a pool, catch-and-release pond, and quick access to Lake Lavon and I-30. Schedule your visit today! Attached photos are representative of the floor plan and may depict non-standard features and upgrades. See community's New Home Consultant for details.

221 Saddletree Dr, Nevada

$405,940

4 Beds ⋅ 3 Baths ⋅ 21385933 MLS

Experience the Rockford in Waverly Estates, ready for move-in this January 2027. This four-bedroom home features a three-car garage and a spacious open floor plan. The gourmet kitchen serves as the heart of the home, equipped with quartz countertops, gas gourmet kitchen appliance package, and a large kitchen island. A wall of windows fills the living room with natural light, highlighting the luxury vinyl plank flooring throughout the main areas. The primary suite offers a peaceful retreat with a massive storage closet and dual vanities. Outside, enjoy community amenities like the pool, catch-and-release pond, and playground near Lake Lavon. With easy access to I-30, this Josephine residence combines convenience with high-end finishes. Schedule your visit today! Attached photos are representative of the floor plan and may depict non-standard features and upgrades. See community's New Home Consultant for details.

212 Saddletree Dr, Nevada

$277,990

4 Beds ⋅ 2 Baths ⋅ 21375380 MLS

New! Spacious open floor plan! Four bedrooms, two full baths, with covered patio. Home includes, large island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and much more! Waverly Estates is a new D.R. Horton community in Josephine. The community is conveniently located just minutes from Interstate 30, providing easy access to Rockwall and the DFW Metroplex. Waverly Estates offers a variety of single-family homes to choose from. If you're looking for a new home in the Josephine area, Waverly Estates is the perfect community for you.

1216 Breezy Oak Dr, Nevada

$233,990

3 Beds ⋅ 2 Baths ⋅ 21374831 MLS

New! Spacious single story, with open floor plan! Three bedrooms, two full baths, with covered patio. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and much more! Waverly Estates is a new D.R. Horton community in Josephine. The community is conveniently located just minutes from Interstate 30, providing easy access to Rockwall and the DFW Metroplex. Waverly Estates offers a variety of single-family homes to choose from. If you're looking for a new home in the Josephine area, Waverly Estates is the perfect community for you.

1210 Breezy Oak Dr, Nevada

$238,490

3 Beds ⋅ 2 Baths ⋅ 21371393 MLS

1130 Breezy Oak Dr, Nevada

$325,000

3 Beds ⋅ 2 Baths ⋅ 21358052 MLS

Welcome to your dream home! This stunning 3 bed 2 bath residence offers an abundance of natural light, upgrades, and a host of other custom designed features. This beautifully updated home boasts new LVP flooring throughout living areas, new carpet in secondary bedrooms, and fresh paint inside & out. The spacious kitchen features stainless steel appliances, quartz countertops, and sleek white cabinets. New roof 2026! Schedule a showing today!

461 Kerens St, Nevada

$475,000

5 Beds ⋅ 4 Baths ⋅ 21360482 MLS

You just can't ask for a better home from all aspects. Barely lived in home, the owner loves their home and is sad to leave but is moving out of state for work! The prime location backs up to a greenbelt, so privacy is a given and limited neighbors is an added bonus. Step inside to one of the best laid out and functional floorplans available. Do you like to entertain? This is your home. Do you homeschool? This is the home for you? What about a multigenerational family? Perfect home for you. Do you work from home? This is the one! Step inside to a gorgeous and functional entryway with access to the garage, stairs, downstairs secondary bedroom and bathroom, HUGE laundry and utility room and oversized under the stairs Harry Potter closet. The amount of storage in this home is simply amazing. Continue to the open living and kitchen area, featuring a private office or sitting room. The kitchen is tastefully designed with a modern and slick design and situated perfectly with the large nook area. The large master features a private ensuite bathroom complete with large double vanity, spacious walk-in shower, cozy tub and a large walk-in closet. Next, move upstairs to find a spacious game room large enough for pool table or other options, media room, large bedroom with its own bathroom, and 2 additional large bedrooms sharing a jack and jill bathroom. Psss...Don't miss the oversized storage closet that is big enough for a private workspace, homework spot or craft space. There are so many great things to love about this home. Don't let someone else snag this before you!

805 Willowbanks Dr, Nevada

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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