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$775,000

Est. payment - /mo

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2 Beds

1 Bath

1,300 SqFt

Active

7022 County Road 487 Nevada, TX 75173

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Larry McFarlin

mcfarlin54@gmail.com +1(214) 404-8056

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,300 sqft

Price per Sqft $596

Subdivision M I Geminez Survey, Sheet 3, Tract 28

MLS Listing ID 20921150

Style Barndominium

Bedrooms 2

Full Baths 1

HOA Y/N None

Year Built 2004

Annual Tax Amount $1,222

Lot Size 9.650 Acres

Acres 9.65

Property Sub-Type Single Family Residence

Property Description

Prime real estate acreage near Lake Lavon and short distance to Hwy 78, owner had built his 1 bedroom & another bedroom added recently, 1 bath efficiency inside the massive 30'x90' metal building surrounded by mature crepe myrtle trees and consist approx. well-built 1800sf insulated shop and insulated interior walls and ceiling. Shop has approx. 1400sf and living area approx. 1300sf, plus add-on enclosed patio that has wood burning fireplace, cooking grill connected to a commercial grade vent-a-hood and an underground bunker or tornado shelter. Comfortable primary bedroom and bath and an open living area and kitchen with walls of custom-built cabinets and lots of counter space, stainless steel appliances, new sink and faucet, new countertops and backsplash and ceramic tile floors. Owner recently added hallway and another bedroom with duo closets, plans to upgrade HVAC in living area and bedrooms to split AC heat pump. Living room with decorative lighting. Owner is downsizing from the 11.33 acres but want to keep approx. 1.68 acres (including the wind turbine, which the owner plans to relocate about 150ft towards the southern end property line) hence making available approx. 9.65 acres prime acreage with approx. 180ft road frontage. See drawing in NTREIS supplement and aerial photos depicting the acreage and separation. Currently all the acreage but one acre is under Ag Exempt status, buyer and buyer broker to verify with Collin County about continuation of such agriculture exemption status for the approx. 9.65 acres, which would need to be replatted and to have a new survey. NOTES: Owner may keep 6.3 acres and sell only the barndominium with approx. 5 acres (see alternate listing in MLS), contact LA for details.

Location

State TX

County Collin

Direction From Lavon go Hwy 78 North towards Farmersville, pass Hwy 6, turn left on County Road 489, cross one railroad tracks and follow winding road to County Road 487, turn left on CR487, drive a short distance see subject property on right with nice cattle panel wired fencing.

Rooms

Dining Room 1

Interior

Interior Features Built-in Features, Decorative Lighting, Eat-in Kitchen, Open Floorplan

Heating Electric, Floor Furnance, Other

Cooling Wall/Window Unit(s), Window Unit(s)

Flooring Concrete, Tile

Fireplaces Number 1

Fireplaces Type Wood Burning, Other

Appliance Dishwasher, Electric Range

Heat Source Electric, Floor Furnance, Other

Exterior

Garage Spaces 2.0

Utilities Available All Weather Road, Asphalt, Co-op Electric, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Overhead Utilities, Septic

Roof Type Metal

Total Parking Spaces 2

Garage Yes

Building

Lot Description Acreage, Few Trees, Pasture

Story One

Foundation Slab

Level or Stories One

Structure Type Metal Siding,Siding,Wood

Schools

Elementary Schools Nesmith

Middle Schools Leland Edge

High Schools Community

School District Community Isd

Others

Ownership Ronold D. Nix

Acceptable Financing Cash, Conventional, Federal Land Bank, VA Loan

Listing Terms Cash, Conventional, Federal Land Bank, VA Loan

Special Listing Condition Aerial Photo

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20921150

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Frank Lu • Coldwell Banker Realty

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Larry McFarlin

Agent

+1(214) 404-8056

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7022 County Road 487 Nevada, TX 75173

Larry McFarlin

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7022 County Road 487