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842 N Fm 1138 Nevada, TX $ 799,000
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842 N Fm 1138
$ 799,000
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842 N Fm 1138

Nevada, TX, 75173
$ 799,000
Bedrooms3 Baths2.1 Sq 2,465

Monthly Estimate*

$ 4,920

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Single Family Home for sale in Nevada, TX

for $799,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,465 square foot home was built in 1997 on a lot size of 10.

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.

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Single Family Active

Price

$ 799,000

Bedrooms

3

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 5,848

Style

Traditional

Lot Size

10

Year Built

1997

Town/City

Nevada

County/Region

Collin

MLS | Web ID

21238407
Features
Interior
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
Basement Y/N 0
Dining Areas 2
Living Areas 2
Half Baths 1
Total Bedrooms 3
Total Baths 3
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General
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
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
Pool Y/N 0
Exclusions Landscape equipment Tenants Property grills patio furniture on and in the garages and sheds etc.
Year Built 1997
Architectural Style Traditional
Levels One
Property Subtype Single Family Residence
Subdivision Name Community Corners
Transaction Type For Sale
Occupant Type Tenant
County Collin
Property Type Residential
Construction Materials Brick
Year Built Details Preowned
Accessory Unit Y/N N
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
Standard Status Active
Listing Terms 1031 Exchange Cash
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Exterior
Waterfront 0
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
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
Foundation Slab
Structural Style Farm/Ranch House Single Detached
Garage Y/N 1
Attached Garage Y/N 0
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Internal Only
Street Number 1 842
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* Excluded Features
List By
Kendra Edwards

Listing Agent

Exp Realty Llc

Broker

Affordability Calculator

$5,407
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,920
Monthly Property Taxes
$487
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
285988 Elementary School
3672441 Middle School
See complete school information
Pricing History
Date Price Price Change Description
4/15/2026 $799,000 Listed Price

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842 N Fm 1138, Nevada, TX, 75173 is a Single Family Home for sale at $799,000 with 2,465 sqft and a lot size of 10. 842 N Fm 1138 has 3 bedrooms, 2.1 baths, and was built in 1997. The property's zip code is 75173 which is in Nevada, TX

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