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.
For sale
$950,000
7404 County Road 964, Nevada, TX 75173
6beds
4,208sqft
Single Family Residence
Built in 1968
0.35 Acres Lot
$889,900 Zestimate®
$226/sqft
$-- HOA
What's special
Lakefront retreatHot tubUpdated finishesExpansive outdoor spacesFirepit areaLake views
- 116 days
- 555
- 33
Zillow last checked:
Listing updated:
Listed by:
Sam Thomas 0664947 469-645-6363,
Providence Group Realty 469-645-6363,
Amanda Thomas 0608931 469-298-9706,
Providence Group Realty
Source: NTREIS,MLS#: 21228583
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
Primary bedroom
- Features: En Suite Bathroom
- Level: First
- Dimensions: 10 x 19
Bedroom
- Features: Split Bedrooms
- Level: First
- Dimensions: 12 x 13
Bedroom
- Features: Split Bedrooms
- Level: First
- Dimensions: 12 x 12
Bedroom
- Features: En Suite Bathroom
- Level: Second
- Dimensions: 13 x 17
Bedroom
- Features: En Suite Bathroom
- Level: Second
- Dimensions: 9 x 13
Bedroom
- Features: En Suite Bathroom
- Level: Second
- Dimensions: 11 x 14
Bonus room
- Level: Second
- Dimensions: 7 x 8
Dining room
- Level: First
- Dimensions: 11 x 20
Other
- Level: First
- Dimensions: 6 x 12
Other
- Level: First
- Dimensions: 5 x 12
Other
- Level: Second
- Dimensions: 8 x 8
Other
- Level: Second
- Dimensions: 8 x 8
Other
- Level: Second
- Dimensions: 9 x 4
Half bath
- Level: First
- Dimensions: 4 x 5
Half bath
- Level: First
- Dimensions: 4 x 7
Kitchen
- Features: Breakfast Bar, Built-in Features, Galley Kitchen, Pantry
- Level: First
- Dimensions: 9 x 15
Kitchen
- Features: Breakfast Bar, Pantry
- Level: First
- Dimensions: 11 x 12
Living room
- Level: First
- Dimensions: 22 x 23
Living room
- Level: First
- Dimensions: 11 x 20
Living room
- Level: First
- Dimensions: 17 x 17
Heating
- Central, Electric, Fireplace(s)
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Some Gas Appliances, Double Oven, Dishwasher, Electric Cooktop, Electric Range, Plumbed For Gas, Refrigerator
Features
- Wet Bar, Decorative/Designer Lighting Fixtures, Paneling/Wainscoting, Cable TV, Vaulted Ceiling(s)
- Flooring: Ceramic Tile, Tile, Wood
- Has basement: No
- Number of fireplaces: 2
- Fireplace features: Free Standing, Gas Starter, Masonry, Other, Wood Burning
Interior area
- Total interior livable area: 4,208 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Faces Side, Boat, RV Access/Parking
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Covered
- Exterior features: Balcony, Courtyard, Fire Pit, Other, Private Yard, Storage
- Pool features: None
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Partial,Wood
- Has view: Yes
- View description: Water
- Has water view: Yes
- Waterfront features: Lake Front, Waterfront
- Body of water: Lavon
Lot
- Size: 0.35 Acres
- Features: Back Yard, Corner Lot, Greenbelt, Lawn, Landscaped, Many Trees, Subdivision, Waterfront
Details
- Additional structures: Garage(s)
- Parcel number: R074201200101
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other,Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Metal Siding, Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1968
Utilities & green energy
- Sewer: Septic Tank
- Water: Community/Coop, Well
- Utilities for property: Electricity Connected, Phone Available, Septic Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Subdivision: Deep Water Point
HOA
- Has HOA: No
Location
- Region: Nevada
Financial & listing details
- Price per square foot: $226/sqft
- Tax assessed value: $440,972
- Annual tax amount: $4,579
- Date on market: 5/6/2026
- Cumulative days on market: 117 days
- Listing terms: Cash,Conventional,Owner Will Carry,Owner May Carry
- Exclusions: All personal property negotiable.
Estimated market value
$889,900
$845,000 - $934,000
$4,756/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $950,000$226/sqft |
Source: NTREIS #21228583 Report a problem | ||
| 12/17/2025 | Listing removed | $950,000$226/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 11/20/2025 | Price change | $950,000-5%$226/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 11/6/2025 | Price change | $1,000,000-1%$238/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 10/30/2025 | Price change | $1,010,000-1%$240/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 10/23/2025 | Price change | $1,020,000-1%$242/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 10/16/2025 | Price change | $1,030,000-1%$245/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 10/9/2025 | Price change | $1,040,000-1%$247/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 10/2/2025 | Price change | $1,050,000-0.9%$250/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 9/25/2025 | Price change | $1,060,000-0.9%$252/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 9/18/2025 | Price change | $1,070,000-0.9%$254/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 9/11/2025 | Price change | $1,080,000-0.9%$257/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 8/28/2025 | Price change | $1,090,000-0.9%$259/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 6/7/2025 | Listed for sale | $1,100,000+46.7%$261/sqft |
Source: NTREIS #20962400 Report a problem | ||
| 11/8/2022 | Price change | $9,999-16.7%$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/24/2022 | Price change | $11,999-20%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/20/2022 | Listed for rent | $14,999+512.2%$4/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/22/2021 | Sold | -- |
Source: NTREIS #14670620 Report a problem | ||
| 9/29/2021 | Pending sale | $750,000$178/sqft |
Source: NTREIS #14670620 Report a problem | ||
| 9/17/2021 | Listed for sale | $750,000$178/sqft |
Source: NTREIS #14670620 Report a problem | ||
| 2/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/15/2020 | Listing removed | $2,450$1/sqft |
Source: Owner Report a problem | ||
| 7/29/2020 | Listed for rent | $2,450+14%$1/sqft |
Source: Owner Report a problem | ||
| 6/8/2019 | Listing removed | $2,150-4.4%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 4/22/2019 | Listed for rent | $2,250$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,320 +16.2% | $369,906 +20% |
| 2024 | $4,580 -14.7% | $308,255 -14.6% |
| 2023 | $5,372 +84.8% | $361,001 +108.2% |
| 2022 | $2,906 +1.4% | $173,356 -3.5% |
| 2021 | $2,865 +61.7% | $179,605 +57.8% |
| 2020 | $1,772 -7.5% | $113,823 -2.7% |
| 2019 | $1,915 -8.2% | $116,971 -2.5% |
| 2018 | $2,087 -39.5% | $120,000 -34.4% |
| 2017 | $3,451 | $183,000 -2.5% |
| 2016 | $3,451 +18.6% | $187,760 +29.1% |
| 2015 | $2,909 | $145,383 -8% |
| 2014 | $2,909 | $158,090 +2.4% |
| 2013 | -- | $154,415 -1.1% |
| 2012 | -- | $156,204 -3.9% |
| 2011 | -- | $162,623 -4.1% |
| 2010 | -- | $169,566 +23.5% |
| 2009 | -- | $137,302 -1.5% |
| 2008 | -- | $139,384 +3% |
| 2007 | -- | $135,320 +3.2% |
| 2006 | -- | $131,143 +7.1% |
| 2005 | -- | $122,393 -1.7% |
| 2004 | -- | $124,562 -13.3% |
| 2003 | -- | $143,723 +13.6% |
| 2002 | -- | $126,562 -0.9% |
| 2001 | -- | $127,732 +107.9% |
| 2000 | -- | $61,448 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 75173
Nearby schools
Schools provided by the listing agent
- Elementary: Mcclendon
- Middle: Leland Edge
- High: Community
- District: Community ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




