← All homes

842 FM 1138

Nevada, TX 75173

$770,000

3 bd · 2.5 ba · 2,465 sq ft · 10 ac

Bedrooms3
Bathrooms2.5
Living area2,465 sq ft
Lot size10 acres
Year built1997
Stories1
Garage3 cars
TypeSingle-family

What it costs to own

Taxes$5,848 per year
MUDNone listed
HOANone listed
Price per sq ft$312 per sq ft

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

About this home

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. Huge Bonus Room!

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.

The details

HeatingCentral, Fireplace(s), Propane
CoolingCeiling Fan(s), Central Air, Electric, Zoned
FlooringCeramic Tile, Hardwood
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Other
Interior featuresBuilt-in Features, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Other, Pantry, Walk-In Closet(s)
Bathrooms2 full · 1 half
Fireplace1 · Living Room, Other

Construction materialsBrick, Other
RoofComposition
FoundationSlab

Lot featuresAcreage, Landscaped, Lrg. Backyard Grass, Many Trees, Other, Pasture, Tank/ Pond
FencingBarbed Wire, Electric, Fenced, Gate, Vinyl, Wire
Water sourceCity Water, Individual Water Meter
SewerAerobic Septic, Septic
ElectricElectricity Available, Electricity Connected
UtilitiesOverhead Utilities, Phone Available, Propane

SubdivisionCommunity Corners

ElementaryMcclendon
Middle schoolLeland Edge
High schoolCommunity
DistrictCommunity ISD

MLS #21238407
Source
Price changeReduced by $15,000 · Jul 7, 2026
On the market115 days
CountyCollin

Around this home

One moment…

Everyday life

Nearest groceryBrookshire's · 6.4 mi
Nearest parkFountainview Recreational Area · 2.7 mi

Your places stay on this device. We never sell or share them. Read the full privacy policy

Place directory © OpenStreetMap contributors.

Listing courtesy of eXp Realty LLC — Kendra Edwards.

Robert LewisStephen LewisRobert & StephenInk Realty Group

Want the full story on this home?

What a listing cannot tell you: the street, the timing, the leverage. That is our work.

Ask about 842 FM 1138 Text Robert & Stephen

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21238407. Information last updated August 6, 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.

Scroll to Top