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7404 County Road 964

Nevada, TX 75173

$950,000

6 bd · 6 ba · 4,208 sq ft · 0.35 ac

Bedrooms6
Bathrooms6
Living area4,208 sq ft
Lot size0.35 acres
Year built1968
Stories2
Garage2 cars
TypeSingle-family

What it costs to own

Taxes$4,579 per year
MUDNone listed
HOANone listed
Price per sq ft$226 per sq ft

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

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.

The details

HeatingCentral, Electric, Fireplace(s)
CoolingCeiling Fan(s), Central Air, Electric
FlooringCeramic Tile, Tile, Wood
AppliancesDishwasher, Electric Cooktop, Electric Range, Double Oven, Plumbed For Gas in Kitchen, Refrigerator
Interior featuresCable TV Available, Decorative Lighting, Paneling, Vaulted Ceiling(s), Wet Bar
Bathrooms5 full · 2 half
Fireplace2 · Brick, Free Standing, Gas Starter, Wood Burning, Other

Construction materialsMetal Siding, Siding, Wood
RoofComposition
FoundationPillar/Post/Pier

Lot featuresCorner Lot, Greenbelt, Landscaped, Lrg. Backyard Grass, Many Trees, Subdivided, Waterfront
FencingPartial, Wood
Water sourceCo-op Water, Individual Water Meter, Well
SewerSeptic
ElectricElectricity Connected
UtilitiesPhone Available

SubdivisionDeep Water Point

ElementaryMcclendon
Middle schoolLeland Edge
High schoolCommunity
DistrictCommunity ISD

MLS #21228583
Source
On the market148 days
CountyCollin

Around this home

One moment…

Everyday life

Nearest groceryWalmart Supercenter · 4.1 mi
Nearest parkLittle Ridge Park · 0.4 mi

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Listing courtesy of Providence Group Realty — Sam Thomas.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21228583. Information last updated October 1, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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