Property Details:
- County or Parish
- Collin
- Lot Size
- Less Than .5 Acre (not Zero)
- Lot Size (Acres)
- 0.3500
- Lot Size Area
- 0.3500
- Lot Size (Square Feet)
- 15246.0000
- Association Type
- None
- Restrictions
- Deed,Easement(s),Other
School Information:
- School District
- Community ISD
- Elementary School
- Mcclendon
- Middle School
- Leland Edge
- High School
- Community
Interior Information:
- Appliances
- Dishwasher,Electric Cooktop,Electric Range,Double Oven,Plumbed For Gas in Kitchen,Refrigerator
- Heating
- Central,Electric,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Fireplaces Total
- 2
- Fireplace Features
- Brick,Freestanding,Gas Starter,Wood Burning,Other
- Flooring
- Ceramic Tile,Tile,Wood
- Interior Features
- Cable TV Available,Decorative Lighting,Paneling,Vaulted Ceiling(s),Wet Bar
Exterior Information:
- Architectural Style
- Traditional,Other
- Lot Features
- Corner Lot,Greenbelt,Landscaped,Lrg. Backyard Grass,Many Trees,Subdivision,Water/Lake View,Waterfront
- Lot Size
- Less Than .5 Acre (not Zero)
- Acres
- 0.3500
- Pool
- No
- Pool Features
- Separate Spa/Hot Tub
- Lake
- Lavon
- Waterfront
- Yes
- Waterfront Features
- Lake Front,Lake Front – Corps of Engineers,Lake Front – Main Body
- Exterior Features
- Balcony,Courtyard,Covered Patio/Porch,Fire Pit,Private Yard,RV/Boat Parking,Storage,Other
Map
FEMA flood-zone legend
Flood information: FEMA National Flood Hazard Layer (NFHL). Coverage varies; no shading does not mean no flood risk. This map is informational, not an official flood determination for insurance or lending. Verify current maps at the FEMA Map Service Center.
MLS 21228583
7404 County Road 964
Nevada, Texas
$950,000
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Type: Residential
Beds: 6 Baths: 7.00 Living: 2 Dining: 1
Gar: 2 Gar LxW: 24 x 24 SqFt: 4,208 Year Built: 1968
Remarks: 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 sleeping 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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Listed by: Sam Thomas
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Tony C Hager
Broker
A URT Holdings team member available to help with this property.
- Office: (940) 898-8000 ext. 6000
- Mobile: (940) 597-3006
- broker@urthllc.com
- License #0444321