7404 County Road 964, Nevada, TX 75173
- $950,000
- 6
- BD
- 7
- BA
- 4,208
- SqFt
- List Price
- $950,000
- MLS#
- 21228583
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Residential
- Style
- Other, Traditional, Detached
- Year Built
- 1968
- Construction Status
- Preowned
- Bedrooms
- 6
- Full Baths
- 5
- Half Baths
- 2
- Acres
- 0.35
- Living Area
- 4,208
- County
- Collin
- City
- Nevada
- Subdivision
- Deep Water Point
- Number of Stories
- 2
- Architecture Style
- Other, Traditional, Detached
Property Description
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.
Additional Information
- Unexempt Taxes
- $4,579
- Amenities
- Fireplace
- Lot Size
- 15,246
- Acres
- 0.35
- Lot Description
- Back Yard, Corner Lot, Greenbelt, Lawn, Landscaped, Trees, Subdivision, Waterfront
- Interior Features
- Bar-Wet, Decorative Designer Lighting Fixtures, Paneling Wainscoting, Cable TV, Vaulted/Cathedral Ceilings
- Flooring
- Tile, Tile, Wood
- Foundation
- Pillar/Post/Pier
- Roof
- Composition
- Stories
- 2
- Pool Features
- None
- Fireplaces
- 2
- Fireplace Type
- Free Stand, Gas Starter, Masonry, Other, Wood Burning
- Exterior
- Balcony, Courtyard, Fire Pit, Other, Private Yard, Storage
- Garage Spaces
- 2
- Parking Garage
- Garage, Garage Faces Side, Rv/Boat Parking, Rv/Boat Parking
- School District
- Community Isd
- Elementary School
- Mcclendon
- Middle School
- Leland Edge
- High School
- Community
- Possession
- CloseOfEscrow
Mortgage Calculator
Listing courtesy of Sam Thomas from Providence Group Realty. Contact: 469-645-6363