Nevada, TX 75173 842 N Fm 1138
$785,000



23 more























Presented By: eXp Realty LLC
Home Details
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.
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.
Presented By: eXp Realty LLC
Interior Features for 842 N Fm 1138
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths1
Total Baths3
Other Interior Features
Fireplace FeaturesLiving Room, Other
Fireplaces Total1
Lock Box TypeSee Remarks
Window FeaturesBay Window(s), Shutters, Window Coverings
Laundry FeaturesElectric Dryer Hookup, Utility Room, Full Size W/D Area, Dryer Hookup
Basement Y/NNo
Dining Areas2
FlooringCeramic Tile, Hardwood
Interior FeaturesBuilt-in Features, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Other, Pantry, Walk-In Closet(s)
Living Areas2
Other Rooms
Number Of Residences1
Room Count9
General for 842 N Fm 1138
Accessory Unit Y/NNo
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Other
Architectural StyleTraditional
Carport Spaces2
CityNevada
Construction MaterialsBrick
CoolingCeiling Fan(s), Central Air, Electric, Zoned
CountyCollin
DirectionsFrom Hwy 78 in Lavon, head east toward Nevada.
Turn onto FM 6 and continue north.
Turn right onto FM 1138
Property will be on the East Side
EasementsAccess
Elementary SchoolMcclendon
Elementary School NameMcclendon
ExclusionsLandscape equipment, Tenants Property, grills, patio furniture on and in the garages and sheds, etc.
Full Baths2
HOA TypeNone
HeatingCentral, Fireplace(s), Propane
High SchoolCommunity
Land Lease YNNo
LevelsOne
Listing Terms1031 Exchange, Cash
Number of Garage Spaces3
Occupant TypeTenant
Pool Y/NNo
PossessionLease Outstanding, Negotiable
Possible UseAgricultural, Barndominium, Cattle, Commercial, Development, Horses, Investment, Livestock, Mixed Use, Multi-Family, Residential, Retail, Single Family, Subdevelopment, See Remarks, Other
Property SubtypeSingle Family Residence
Property TypeResidential
RestrictionsLease While on Market, No Known Restriction(s)
RoofComposition
School DistrictCommunity ISD
Security FeaturesSecurity Gate, Smoke Detector(s), Other
Standard StatusActive
StatusActive
Subdivision NameCommunity Corners
Transaction TypeFor Sale
Unexempt Taxes5848
UtilitiesAerobic Septic, City Water, Concrete, Electricity Available, Electricity Connected, Gravel/Rock, Individual Water Meter, Overhead Utilities, Phone Available, Private Road, Propane, Septic, See Remarks
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1997
Year Built DetailsPreowned
current useCattle, Livestock, Residential, Single Family, See Remarks, Other
Exterior for 842 N Fm 1138
Attached Garage Y/NNo
Covered Spaces5
Exterior FeaturesAttached Grill, Courtyard, Covered Patio/Porch, Fire Pit, Rain Gutters, Lighting, Outdoor Kitchen, Outdoor Living Center, Private Entrance, RV/Boat Parking, Stable/Barn, Storage, Other
Farm Ranch FeaturesFenced for Cattle, Fenced for Horses
FencingBarbed Wire, Electric, Fenced, Gate, Vinyl, Wire
Foundation Slab
Garage Length30
Garage Width50
Garage Y/NYes
Horse AmenitiesBarn(s), Stable(s), Tack Room
Lot FeaturesAcreage, Landscaped, Lrg. Backyard Grass, Many Trees, Other, Pasture, Tank/ Pond
Lot Size10 to < 50 Acres
Lot Size Acres10.0000
Lot Size Area10.0000
Lot Size SourceAssessor
Lot Size Square Feet435600.0000
Lot Size UnitsAcres
Other StructuresBarn(s), Garage(s), Outdoor Kitchen, Residence, RV/Boat Storage, See Remarks, Shed(s), Stable(s), Workshop w/Electric, Other
Parking FeaturesAdditional Parking, Boat, Carport, Concrete, Covered, Detached Carport, Direct Access, Driveway, Electric Gate, Garage, Garage Door Opener, Heated Garage, Lighted, Oversized, Parking Pad, Private, RV Access/Parking,
Patio And Porch FeaturesCovered
Road Frontage TypeFM Road, Private Road
Road Surface TypeConcrete
Soil TypeUnknown
Structural StyleFarm/Ranch House, Single Detached
VegetationCleared, Grassed
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Mcclendon Elementary School
Middle School
N/A
Aroma Zidan
Agent
SQFT • 2,465