842 N Fm 1138Nevada, TX 75173

Description

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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Traditional / Other

Year built

1997

Living area

2,465 Sq Ft

Lot size

10.00 acres

Garage spaces

3

Days on market

165

MLS^® Listing#

21238407

Property Features

Interior

Built-in Features · Eat-in Kitchen · Granite Counters · Kitchen Island · Other · Pantry · Walk-In Closet(s) · High Speed Internet

Exterior

Courtyard · Fire Pit · Rain Gutters · Lighting · Outdoor Kitchen · Private Entrance · Storage · Other · Outdoor Grill

Appliances

Dishwasher · Disposal · Electric Cooktop · Electric Oven · Microwave · Other

Cooling

Ceiling Fan(s) · Central Air · Electric · Zoned

Heating

Central · Fireplace(s) · Propane

Flooring

Ceramic Tile · Hardwood

Fireplace

Living Room · Other

Parking

Additional 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 · RV Carport · See Remarks · Workshop in Garage

Laundry

Electric Dryer Hookup

Patio

Covered

Fencing

Barbed Wire · Electric · Fenced · Gate · Vinyl · Wire

Lot features

Cleared · Landscaped · Many Trees · Other · Pasture

Construction

Brick · Other

Foundation

Slab

Roof

Composition

Windows

Bay Window(s) · Shutters · Window Coverings

Security

Security Gate · Smoke Detector(s) · Other

Other structures

Barn(s) · Garage(s) · Outdoor Kitchen · Residence · RV/Boat Storage · See Remarks · Shed(s) · Stable(s) · Other · Workshop

Utilities

Electricity Available · Electricity Connected · Phone Available · Propane · See Remarks

Sewer

Septic Tank

Water source

Public

Rooms

Schools

Elementary

Mcclendon

Middle

Leland Edge

High

Community

District

Community ISD

Financial Details

Annual taxes

$5,848

Parcel number

R204400001101

Directions

From 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