• Office Phone - 972.335.6564
  • Primary - 972.489.4887

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Listing provided courtesy of eXp Realty LLC- MLS# 21238407MLS ProviderContact Information: Kendra Edwards - 214-789-9736

842 N Fm 1138Nevada, TX 75173

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 2,465 Sq. ft. | 10.00 Acres
$785,000 Active

842 N Fm 1138 Overview

Visits:
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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.

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842 N Fm 1138 Facts & Features

  • Type Single Family
  • Sq. ft. 2,465
  • Price/Sq.ft. $318
  • Lot 10.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Community ISD
  • Elementary School: Mcclendon
  • Middle Or Junior School: Leland Edge
  • High School: Community

Building Information

  • Year Built: 1997
  • Year Built Details: Preowned

Business Information

  • Current Use: Cattle,Livestock,Other,Residential,Single Family,See Remarks

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: NEVADA
  • Subdivision Name: Community Corners

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 5848.0

General Information

  • Exclusions: Landscape equipment, Tenants Property, grills, patio furniture on and in the garages and sheds, etc.
  • Listing Terms: Cash,1031 Exchange
  • Parcel Number: R204400001101
  • Possible Use: Agricultural,Cattle,Commercial,Development,Horses,Investment,Livestock,Multi-Family,Mixed Use,Other,Residential,Retail,Single Family,See Remarks,Subdevelopment
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 3.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3

General Information

  • Appliances: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Microwave
  • Basement: No
  • Fireplace Features: Living Room,Other
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Ceramic Tile,Hardwood
  • Foundation Details: Slab
  • Interior Features: Built-in Features,Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Kitchen Island,Other,Pantry,Walk-In Closet(s)
  • Laundry Features: Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room
  • Levels: One
  • Living Area: 2465.0
  • Security Features: Security Gate,Other,Smoke Detector(s)
  • Stories: 1
  • Window Features: Bay Window(s),Shutters,Window Coverings

Exterior

Parking Information

  • Parking Features: Additional Parking,Concrete,Covered,Carport,Detached Carport,Direct Access,Driveway,Electric Gate,Garage,Garage Door Opener,Heated Garage,Lighted,Oversized,Parking Pad,Private,RV Carport,See Remarks,Workshop in Garage,Boat,RV Access/Parking

Lot Information

  • Lot Features: Acreage,Back Yard,Lawn,Landscaped,Other,Pasture,Pond on Lot,Many Trees
  • Lot Size Acres: 10.0
  • Lot Size Area: 10.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 435600.0
  • Lot Size Units: Acres
  • Road Surface Type: Concrete,Gravel
  • Vegetation: Cleared,Grassed
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Traditional,Barndominium,Detached,Farmhouse
  • Attached Garage: No
  • Construction Materials: Brick
  • Patio And Porch Features: Covered
  • Property Attached: No
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport Spaces: 2.0
  • Carport: Yes
  • Covered Spaces: 5.0
  • Exterior Features: Courtyard,Fire Pit,Lighting,Outdoor Grill,Outdoor Kitchen,Outdoor Living Area,Other,Private Entrance,Rain Gutters,Storage
  • Fencing: Barbed Wire,Electric,Fenced,Gate,Vinyl,Wire
  • Horse Amenities: Barn,Stable(s),Tack Room
  • Other Structures: Garage(s),Outdoor Kitchen,Other,Residence,RV/Boat Storage,Shed(s),See Remarks,Workshop,Barn(s),Stable(s)
  • Pool Features: None
  • Road Frontage Type: Farm to Market Road,Private Road
  • Sewer: Aerobic Septic,Septic Tank
  • Utilities: Electricity Available,Electricity Connected,Propane,Overhead Utilities,Phone Available,Septic Available,Separate Meters,See Remarks,Water Available

Room Information

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 11
  • Length: 11.0
  • Width: 11.0
  • Features: Ceiling Fan(s)

Room: Bedroom

  • Level: First
  • Dimensions: 11 x 11
  • Length: 11.0
  • Width: 11.0
  • Features: Ceiling Fan(s)

Room: Bonus Room

  • Level: First
  • Dimensions: 22 x 20
  • Length: 22.0
  • Width: 20.0
  • Features: Ceiling Fan(s)

Room: Breakfast Room/Nook

  • Level: First
  • Dimensions: 12 x 11
  • Length: 12.0
  • Width: 11.0
  • Features: Breakfast Bar,Built-in Features

Room: Kitchen

  • Level: First
  • Dimensions: 15 x 14
  • Length: 15.0
  • Width: 14.0
  • Features: Built-in Features,Eat-in Kitchen,Granite Counters,Kitchen Island,Pantry

Room: Living Room

  • Level: First
  • Dimensions: 19 x 18
  • Length: 19.0
  • Width: 18.0
  • Features: Ceiling Fan(s),Fireplace

Room: Primary Bathroom

  • Level: First
  • Dimensions: 12 x 16
  • Length: 12.0
  • Width: 16.0
  • Features: Built-in Features,Double Vanity,En Suite Bathroom,Linen Closet,Separate Shower

Room: Primary Bedroom

  • Level: First
  • Dimensions: 16 x 15
  • Length: 16.0
  • Width: 15.0
  • Features: Ceiling Fan(s),En Suite Bathroom

Room: Utility Room

  • Level: First
  • Dimensions: 6 x 5
  • Length: 6.0
  • Width: 5.0
  • Features: Built-in Features,Other,Utility Room

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

842 N Fm 1138 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

842 N Fm 1138 Market Data

Based on the last 30 days in this zip code

$481,715
Average List Price
$198
Average Price per Square Foot
15
Properties Sold
220
Average Days on Market
249
Properties for Sale
Calculations provided by Reliance Network


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