Active

7404 County Road 964

Nevada, Texas 75173
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Bed 6

Bed

Bath 7

Bath

SqFt4,208

Sqft

Acres0.35

Acre(Lot)

Lakefront retreat, income opportunity, and private escape all in one property located less than an hour from Dallas on the shores of Lake Lavon. This unique property offers flexibility for personal use, investment, or multi-generational living with multiple possible income strategies. Currently operating with strong short-term rental appeal, the property has potential for six-figure gross annual STR income depending on occupancy and management. The flexible layout may also work well for mid-term rentals, long-term rentals, house hacking opportunities, rent-by-the-room concepts, corporate retreats, group retreats, or hybrid owner-occupant investment strategies. Designed for gathering and entertaining, the property features expansive outdoor spaces, lake views, multiple living and slee ping areas, updated finishes, hot tub, firepit area, and large common spaces ideal for hosting guests or extended stays. Opportunities like this near DFW are becoming increasingly rare as development and growth continue around Lake Lavon. Whether you're searching for a waterfront residence, weekend getaway, Airbnb investment, or flexible income-producing property, this one offers options difficult to find in today’s market. Seller is open to discuss owner financing.

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Detail Ic Property Details

Property Type : Residential

Price : $950,000

AD Id : 78007282

MLS Id : 556128856

Beds : 6

Lot Size : 0.35 Acre

Living Area Size : 4,208

Year Built : 1968

Garage : 2

County : Collin

Subdivision: Deep Water Point

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Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 5.5 Full Baths: 5 Half Baths: 2
  • Interior Features

    Cable TV Available,Decorative Lighting,Paneling,Vaulted Ceiling(s),Wet Bar

    Appliances

    Dishwasher,Electric Cooktop,Electric Range,Double Oven,Plumbed For Gas in Kitchen,Refrigerator

    Utilities

    All Weather Road,Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Phone Available,Septic,Well
  • Cooling Features

    Ceiling Fan(s),Central Air,Electric

    Heating Source

    Central,Electric,Fireplace(s)

    Fireplace

    Number of Fireplaces: 2 Fireplace Features: Brick,Freestanding,Gas Starter,Wood Burning,Other

  • Building Information

    Built Year: 1968 Construction: Metal Siding,Siding,Wood Roof Type: Composition
  • Exterior Features

    Balcony,Courtyard,Covered Patio/Porch,Fire Pit,Private Yard,RV/Boat Parking,Storage,Other

    Foundation

    Pillar/Post/Pier
  • Pool Features

    Separate Spa/Hot Tub

    Fencing

    Partial,Wood

    Construction Materials

    Metal Siding,Siding,Wood

  • Lot Information

    Lot Size (Acr): 0.3500 Lot Size Units: Acres Lot Size Square Feet: 15,246 Lot Features: Corner Lot,Greenbelt,Landscaped,Lrg. Backyard Grass,Many Trees,Subdivision,Water/Lake View,Waterfront
  • Property Information

    SQ ft (Living Area): 4,208 Property Type: Residential Property Sub Type: Single Family Residence Architectural Style: Traditional,Other Subdivision: Deep Water Point City: Nevada State: Texas Directions: From HWY 78, exit 489 West. South on 487, West on 964. Property Status: Active Exclusions: All personal property negotiable. Levels: Two Property Age: 58 Year Built Details: Preowned

  • Listing Price Information

    Original List Price: $950,000 List Price Tot SqFt: $226
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: R074201200101 Tax Block: L Tax Legal Description: DEEP WATER POINT (GCN), BLK L, LOT 1 2 & 3 Tax Lot: 1-3 Unexempt Taxes: $4,579

  • Parking Information

    Has Garage Garage Space: 2 Carport Spaces: 0 Parking Features: Garage,Garage Faces Side
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Mcclendon Middle School: Leland Edge High School: Community School District: Community ISD
  • Utility Information

    Utilities: All Weather Road,Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Phone Available,Septic,Well
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
500 N Greenville Road, Nevada, TX, 75173 $800,000 3 2 1,680 1,680 SqFt
202 Shady Bank Way, Nevada, TX, 75173 $415,000 3 2 2,313 2,313 SqFt
202 Briarwood Drive, Nevada, TX, 75173 $395,990 4 3 2,136 2,136 SqFt
209 Saddletree Drive, Nevada, TX, 75173 $420,000 4 3 2,759 2,759 SqFt
206 Briarwood Drive, Nevada, TX, 75173 $392,990 4 3 2,136 2,136 SqFt
214 Saddletree Drive, Nevada, TX, 75173 $424,990 4 4 2,770 2,770 SqFt
217 Saddletree Drive, Nevada, TX, 75173 $408,990 3 3 2,200 2,200 SqFt
219 Saddletree Drive, Nevada, TX, 75173 $389,990 3 3 2,200 2,200 SqFt
806 Martingale Drive, Nevada, TX, 75173 $285,000 4 2 2,165 2,165 SqFt
220 Weatherboard Drive, Nevada, TX, 75173 $225,000 3 2 1,255 1,255 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/13/2026 @ 22:34

MLS: 556128856 LISTED BY: Sam Thomas, Providence Group Realty 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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