7022 County Road 487, Nevada

$775,000

1 Beds
1 Baths
900 Sqft
9.65 Acres
2 Garages

Prime real estate acreage near Lake Lavon and short distance to Hwy 78, owner had built his 1 bedroom, 1 bath efficiency inside his massive 30'x90' metal building, which consist approx. 1800sf insulated shop, well built with studs planted in concrete and insulated interior walls and ceiling. The approx. 900sf residential dwelling and an add-on enclosed patio 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. Living room with decorative lighting and built-in entertainment center with speakers inserts. Owner is downsizing from the 11.33 acres but want to keep approx. 1.68 acres (including the wind turbine) hence making available approx. 9.65 prime acres 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.

Essential Information
MLS® #20921150
Price$775,000
Bedrooms1
Bathrooms1.00
Full Baths1
Square Footage900
Acres9.65
Year Built2004
TypeResidential
Sub-TypeSingle Family Residence
StyleBarndominium
StatusActive
Community Information
Address7022 County Road 487
CityNevada
CountyCollin
StateTX
Zip Code75173-6030
Subdivision

M I Geminez Survey, Sheet 3, Tract 28

Amenities
# of Garages2
Utilities

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

Garages

Additional Parking, Covered, Driveway, Electric Gate, Garage Door Opener, Garage Faces Front, Workshop in Garage

Interior
FireplaceYes
# of Fireplaces1
FireplacesWood Burning, Other
Interior Features

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

Heating

Electric, Other, Floor Furnance

Exterior
Lot DescriptionAcreage, Few Trees, Pasture
RoofMetal
ConstructionMetal Siding, Siding, Wood
FoundationSlab
School Information
DistrictCommunity ISD
ElementaryNesmith
MiddleLeland Edge
HighCommunity
Listing Details
AgentFrank Lu
OfficeColdwell Banker Realty

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Listing information last updated on May 2nd, 2025 at 9:02pm CDT.

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