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  • 6 Beds
  • 5.2 Baths
  • 4,208 Sqft
  • 2 Garages
  • .35 Acres
  • 1968 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 6 Beds
  • 5.2 Baths
  • 4,208 Sqft
  • 2 Garages
  • .35 Acres
  • 1968 Year Built
  • Study
  • Game Room
  • Media
  • Pool

7404 County Road 964
Nevada, Texas 75173-6220

County: Collin Deep Water Point

Lakefront retreat, income opportunity, and private escape all in one property located less than an hour from Dallas on the shores of Lake Lavon. This unique property offers flexibility for personal use, investment, or multi-generational living with multiple possible income strategies. Currently operating with strong short-term rental appeal, the property has potential for six-figure gross annual STR income depending on occupancy and management. The flexible layout may also work well for mid-term rentals, long-term rentals, house hacking opportunities, rent-by-the-room concepts, corporate retreats, group retreats, or hybrid owner-occupant investment strategies. Designed for gathering and entertaining, the property features expansive outdoor spaces, lake views, multiple living and sleeping areas, updated finishes, hot tub, firepit area, and large common spaces ideal for hosting guests or extended stays. Opportunities like this near DFW are becoming increasingly rare as development and growth continue around Lake Lavon. Whether you're searching for a waterfront residence, weekend getaway, Airbnb investment, or flexible income-producing property, this one offers options difficult to find in today’s market. Seller is open to discuss owner financing.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$950,000
  • Est. Payment /m
  • Cumulative Days on MarketUnlock
  • MLS® #21228583
  • Bedrooms6
  • Bathrooms5.20
  • Square Footage4,208
  • Acres0.35
  • Year Built1968
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleTraditional, Other
  • StatusActive
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Quick Valuation Analysis from 2 Active Listings

Pricing Trends from 2 Active Listings in Deep Water Point

This Home's Price $950,000 This Home's Price Per SqFt $
Average Price $684,500 Average Price Per SqFt $
Highest Price $950,000 Highest Price Per SqFt $
Lowest Price $419,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address7404 County Road 964
  • SubdivisionDeep Water Point
  • CityNevada
  • CountyCollin
  • StateTexas
  • Zip Code75173-6220
  • HOANone
  • UtilitiesAll Weather Road, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Phone Available, Septic, Well
  • Taxes4579

Amenities

  • # of Garages2
  • GaragesGarage, Garage Faces Side
  • WaterfrontYes
  • WaterfrontLake Front, Lake Front – Corps of Engineers, Lake Front – Main Body
  • PoolSeparate Spa/Hot Tub

Interior

  • Interior FeaturesCable TV Available, Decorative Lighting, Paneling, Vaulted Ceiling(s), Wet Bar
  • FloorsCeramic Tile, Tile, Wood
  • FireplaceYes
  • # of Fireplaces2
  • FireplacesBrick, Freestanding, Gas Starter, Wood Burning, Other

Exterior

  • Exterior FeaturesBalcony, Courtyard, Covered Patio/Porch, Fire Pit, Private Yard, RV/Boat Parking, Storage, Other
  • FencePartial, Wood
  • Lot DescriptionCorner Lot, Greenbelt, Landscaped, Lrg. Backyard Grass, Many Trees, Subdivision, Water/Lake View, Waterfront

Construction Details / Floorplan

  • Living Areas2
  • Dining Rooms1
  • Full Baths5
  • Half Baths2
  • RoofComposition
  • FoundationPillar/Post/Pier
  • ConstructionMetal Siding, Siding, Wood

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric, Fireplace(s)

Private Listing Information (Registration Required)

Listing Details

  • AgentSam Thomas
  • OfficeProvidence Group Realty

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Listing information last updated on October 23rd, 2026 at 3:35pm CDT.