Active Option Contract

309 West Street

Nevada, Texas 75173
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Acres46.17

Acres(Lot)

Positioned on the outskirts of Nevada, Texas — one of Collin County’s fastest-growing communities — this ±46.17-acre tract offers an exceptional opportunity for residential, build-to-rent, or mixed-use development. Located within the City of Nevada’s ETJ, the property is free from city zoning restrictions yet ideally situated for future annexation, giving developers valuable flexibility in planning. With an expansive, mostly level terrain, this tract offers efficient site design potential. Located near Hwy 6 and FM 1138-- The land sits just minutes from Highway 78, providing direct access to Wylie, Lavon, and Farmersville, and benefits from its proximity to the future Collin County Outer Loop, placing it squarely along the path of progress. Collin County is among the fastest-growing counties in the nation, with Nevada itself seeing steady population increases and demand for housing at a range of price points. Surrounding communities are already attracting major builders and master-planned communities -- yet large, contiguous tracts like this remain rare. Whether your vision is a community of one-acre estates, a build-to-rent neighborhood, or a strategic land bank for long-term appreciation, this property delivers on location, accessibility, and upside potential. Bonus Opportunity: An adjacent ±55-acre tract is also available, offering a combined ±101-acre assemblage for even greater development scale and impact.

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Detail Ic Property Details

Property Type : Land

Price : $3,001,050

AD Id : 66448044

MLS Id : 533501146

Lot Size : 46.17 Acres(Lot)

County : Collin

Subdivision: Magnolia Add Ph B

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Feature Features

  • Utilities

    Electricity Available,Electricity Connected,Outside City Limits,Phone Available,Septic

  • Building Information

    Built Year: 1995

  • Lot Information

    Lot Size (Acr): 46.1700 Lot Size Units: Acres Lot Size Square Feet: 2,011,165 Lot Features: Acreage,Agricultural,Few Trees
  • Property Information

    Property Type: Land Property Sub Type: Improved Land Subdivision: A0740 City: Nevada State: Texas Directions: From Highway 78, turn northwest onto Highway 6 toward Nevada. Continue into town and turn southwest onto West Street. The property is located at 309 West Street, on the south side of the road. Property Status: Active Option Contract Property Age: 31

  • Listing Price Information

    Original List Price: $3,001,050
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 1290043

  • Homeowners Association Information

    HOA Type: None

  • School Information

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

    Utilities: Electricity Available,Electricity Connected,Outside City Limits,Phone Available,Septic
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
490 N Greenville Road, Nevada, TX, 75173 $800,000 -- -- -- 5 Acres(Lot)
6331 County Road 640, Nevada, TX, 75173 $200,000 -- -- -- 3 Acres(Lot)
TBD County Road 643, Nevada, TX, 75173 $1,025,430 -- -- -- 25.71 Acres(Lot)
TBD 52.1 ACRES Cr-637, Nevada, TX, 75173 $3,126,000 -- -- -- 52.10 Acres(Lot)
TBD Cr-596, Nevada, TX, 75173 $2,500,000 -- -- -- 25 Acres(Lot)
TRT 5&8 County Road 643, Nevada, TX, 75173 $299,000 -- -- -- 10.47 Acres(Lot)
0000 County Road 939, Nevada, TX, 75173 $445,000 -- -- -- 5 Acres(Lot)
708 Freedom Lane, Nevada, TX, 75173 $179,000 -- -- -- 1.00 Acre(Lot)
TBV Evergreen Way, Nevada, TX, 75173 $190,000 -- -- -- 1.50 Acres(Lot)
805 Liberty Lane, Nevada, TX, 75173 $149,000 -- -- -- 1.02 Acres(Lot)
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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 07/18/2026 @ 15:03

MLS: 533501146 LISTED BY: Robyn Lehrman, Monument Realty 800-379-0057 SOURCE: NTREIS - North Texas Real Estate Information

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