7404 County Road 964

Nevada, TX
$ 950,000 Beds 6 Baths 6 Sq 4,208 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 950,000
  • City
  • Nevada
  • Bedrooms
  • 6
  • Full Bathrooms
  • 5
  • County
  • COLLIN
  • Half Bathrooms
  • 2
  • Area
  • Lot Size
  • 0.35 Acres
  • Zip
  • 75173
  • Sqr Footage
  • 4,208
  • Year Built
  • 1968
  • Taxes
  • $ 4579
  • Style
  • Traditional
  • MLS#
  • 21228583
Listed By: Providence Group Realty
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central,Electric,Fireplace(s)
Cooling Ceiling Fan(s),Central Air,Electric
Utilities All Weather Road,Co-op Water,Electricity Connected,Individual Water Meter,Outside City Limits,Phone Available,Septic,Well
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Electric Cooktop,Electric Range,Double Oven,Plumbed For Gas in Kitchen,Refrigerator
Easements Utilities,Other
Number of Garage Spaces 2
Restrictions Deed,Easement(s),Other
School District Community ISD
Exclusions All personal property negotiable.
Year Built 1968
Architectural Style Traditional,Other
Levels Two
Unexempt Taxes 4579
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Deep Water Point
Transaction Type For Sale
Occupant Type Tenant
County Collin
Property Type Residential
Construction Materials Metal Siding,Siding,Wood
Year Built Details Preowned
Accessory Unit Y/N No
HOA Type None
Full Baths 5
Status Active
Directions From HWY 78,exit 489 West. South on 487,West on 964.
City Nevada
Elementary School Name Mcclendon
High School Community
Elementary School Mcclendon
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21228583
Standard Status Active
Listing Terms Cash,Conventional,Owner Carry Second,Owner Will Carry

Interior Features

Interior Features Cable TV Available,Decorative Lighting,Paneling,Vaulted Ceiling(s),Wet Bar
Flooring Ceramic Tile,Tile,Wood
Fireplace Features Brick,Freestanding,Gas Starter,Wood Burning,Other
Fireplaces Total 2
Dining Areas 1
Living Areas 2
Room Count 20
Half Baths 2
Lock Box Type None
Total Bedrooms 6
Total Baths 7

Exterior Features

Waterfront Yes
Exterior Features Balcony,Courtyard,Covered Patio/Porch,Fire Pit,Private Yard,RV/Boat Parking,Storage,Other
Lot Features Corner Lot,Greenbelt,Landscaped,Lrg. Backyard Grass,Many Trees,Subdivision,Water/Lake View,Waterfront
Fencing Partial,Wood
Garage Length 24
Garage Width 24
Other Structures Garage(s),Separate Entry Quarters
Parking Features Garage,Garage Faces Side
WaterFront Features Lake Front,Lake Front – Corps of Engineers,Lake Front – Main Body
Lot Size Less Than .5 Acre (not Zero)
Covered Spaces 2
Foundation Pillar/Post/Pier
Pool Features Separate Spa/Hot Tub
Lot Size Area 0.3500
Lot Size Units Acres
Structural Style Lake House,Single Detached,Vacation Home
Garage Y/N Yes
Lot Size Square Feet 15246.0000
Lot Size Acres 0.3500

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Mcclendon Elementary School
Middle School Unknown Middle School
High School

Price History

5/6/2026 Listed $950,000

Property vs Zip Code Average in 75173

Price
AVG $470K
$950K
Taxes
AVG $5,879
$4,579
Year Built
AVG 2018
1968
Visits
AVG 223
295
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

7404 County Road 964 Nevada, TX is a Single Family Home for sale at $950000 with 4208 sqft and a lot size of 0.35 Acres Acre(s). 7404 County Road 964 Nevada has 6 bedrooms, 5 baths and was built in 1968. The property's zip code is 75173 which is in Nevada, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Todd Talbert

Todd Talbert

254-235-5015

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