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Improved Land for Sale in Nevada, Texas

842 N FM 1138, Nevada, TX 75173

$799,000
10 acres
Active sale
ago
Est $4,661/mo

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.

1,946
Sq feet
3
Beds
3
Full baths
1
1/2 bath
1997
Built

Location

Street address
842 N FM 1138
Community
Community Corners
Elevation
622 feet
Coordinates
33.0675, -96.3623

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

Property details

Acreage
10 acres
MLS #
NTREIS 21238407
Posted

Parcels

  • R204400001101

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Boat, Carport, Covered, Driveway, Garage, Heated, Oversized, RV, Workshop
Fencing
Fenced
Outdoor Spaces
Patio, Porch
Structures
Barn(s), Outdoor Kitchen, RV/Boat Storage, Stable(s), Storage
Features
Attached Grill, Courtyard, Covered Patio/Porch, Fence, Fire Pit, Lighting, Outdoor Living Center, Private Entrance, RV/Boat Parking, Rain Gutters, Stable/Barn

Structure

Style
New Traditional
Stories
1
Heating
Central, Fireplace(s), Propane
Cooling
Ceiling Fan(s), Central Air, Electric, Zoned
Materials
Brick
Roof
Composition

Interior

Rooms
Bathroom x 4, Bedroom x 3
Flooring
Ceramic Tile, Hardwood, Tile
Fireplaces
Yes
Appliances
Cooktop, Dishwasher, Electric Cooktop, Garbage Disposer, Microwave, Washer
Features
Built-In Features, Decorative Lighting, Eat-In Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Pantry, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameType
McClendonElementary

Listing history

DateEventPriceChangeSource
Apr 16, 2026New listing$799,000NTREIS
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This 10-acre property is located at 842 N FM 1138 in Nevada, TX 75173. The property is available for sale for $799,000. It has a 1,946 sq ft 3 bedroom, 3 bath house built in 1997.

Checked 2 hours ago — Updated

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