842 N Fm 1138, Nevada, TX 75173

$770,000
3
BD
3
BA
2,465
SqFt

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List Price
$770,000
Price Change
▼ $15,000 1783466721
MLS#
21238407
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Barndominium, Detached, Farmhouse
Year Built
1997
Construction Status
Preowned
Bedrooms
3
Full Baths
2
Half Baths
1
Acres
10
Living Area
2,465
County
Collin
City
Nevada
Subdivision
Community Corners
Number of Stories
1
Architecture Style
Traditional, Barndominium, Detached, Farmhouse

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. 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.

Additional Information

Unexempt Taxes
$5,848
Amenities
Fireplace
Lot Size
435,600
Acres
10
Lot Description
Back Yard, Lawn, Landscaped, Other, Pasture, Pond(s), Trees
Interior Features
Decorative Designer Lighting Fixtures, Eat-In Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Other, Pantry, Walk-In Closet(s)
Flooring
Tile, Hardwood
Foundation
Slab
Roof
Composition
Stories
1
Pool Features
None
Fireplaces
1
Fireplace Type
Living Room, Other
Exterior
Courtyard, Fire Pit, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Other, Private Entrance, Rain Gutters, Storage
Garage Spaces
3
Carport Spaces
2
Parking Garage
Additional Parking, Paved, Covered, Carport, Detached, Direct Access, Driveway, Electric Gate, Garage, Garage Door Opener, Heated Garage, Lighted, Oversized, Parking Pad, Private, RV Carport, Other, Workshop in Garage, Rv/Boat Parking, Rv/Boat Parking
School District
Community Isd
Elementary School
Mcclendon
Middle School
Leland Edge
High School
Community
Possession
Negotiable, SubjectToTenantRights
Proposed Use
Agricultural, Cattle, Commercial, Development, Horses, Investment, Livestock, Multi-Family, Mixed Use, Other, Residential, Retail, Single Family, Other, Development

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Kendra Edwards from eXp Realty LLC. Contact: 214-789-9736