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For sale
  • Price cut: $15K (7/7)
    $770,000

    842 N Fm 1138, Nevada, TX 75173

    3beds
    2,465sqft
    : 
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    Single Family Residence
    Built in 1997
    10 Acres Lot
    $731,400 Zestimate®
    $312/sqft
    $-- HOA

    What's special

    Additional storage shedHardwood floorsDedicated dining spacesSurrounded by open landMature treesLarge islandDual vanities
    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.
    91 days
    |
    284
    |
    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kendra Edwards 0534504 214-789-9736,

    eXp Realty LLC 888-519-7431

    Source: NTREIS,MLS#: 21238407

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Ceiling Fan(s), En Suite Bathroom
      • Level: First
      • Dimensions: 16 x 15
      Bedroom
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 11 x 11
      Bedroom
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 11 x 11
      Primary bathroom
      • Features: Built-in Features, Double Vanity, En Suite Bathroom, Linen Closet, Separate Shower
      • Level: First
      • Dimensions: 12 x 16
      Bonus room
      • Features: Ceiling Fan(s)
      • Level: First
      • Dimensions: 22 x 20
      Breakfast room nook
      • Features: Breakfast Bar, Built-in Features
      • Level: First
      • Dimensions: 12 x 11
      Kitchen
      • Features: Built-in Features, Eat-in Kitchen, Granite Counters, Kitchen Island, Pantry
      • Level: First
      • Dimensions: 15 x 14
      Living room
      • Features: Ceiling Fan(s), Fireplace
      • Level: First
      • Dimensions: 19 x 18
      Utility room
      • Features: Built-in Features, Other, Utility Room
      • Level: First
      • Dimensions: 6 x 5
      Heating
      • Central, Fireplace(s), Propane
      Cooling
      • Central Air, Ceiling Fan(s), Electric, Zoned
      Appliances
      • Included: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
      • Laundry: Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
      Features
      • Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Other, Pantry, Walk-In Closet(s)
      • Flooring: Ceramic Tile, Hardwood
      • Windows: Bay Window(s), Shutters, Window Coverings
      • Has basement: No
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Other
      Interior area
      • Total interior livable area: 2,465 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      • Parking features: Additional Parking, Concrete, Covered, Carport, Detached Carport, Direct Access, Driveway, Electric Gate, Garage, Garage Door Opener, Heated Garage, Lighted, Oversized, Parking Pad, Private, RV Carport, See Remarks, Workshop in Garage, Boat, RV Access/Parking
      • Garage spaces: 3
      • Carport spaces: 2
      • Covered spaces: 5
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered
      • Exterior features: Courtyard, Fire Pit, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Living Area, Other, Private Entrance, Rain Gutters, Storage
      • Pool features: None
      • Fencing: Barbed Wire,Electric,Fenced,Gate,Vinyl,Wire
      Lot
      • Size: 10 Acres
      • Features: Acreage, Back Yard, Lawn, Landscaped, Other, Pasture, Pond on Lot, Many Trees
      • Residential vegetation: Cleared, Grassed
      Details
      • Additional structures: Garage(s), Outdoor Kitchen, Other, Residence, RV/Boat Storage, Shed(s), See Remarks, Workshop, Barn(s), Stable(s)
      • Parcel number: R204400001101
      • Horse amenities: Barn, Stable(s), Tack Room

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional,Barndominium,Detached,Farmhouse
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Composition
      Condition
      • Year built: 1997

      Utilities & green energy

      • Sewer: Aerobic Septic, Septic Tank
      • Water: Public
      • Utilities for property: Electricity Available, Electricity Connected, Propane, Overhead Utilities, Phone Available, Septic Available, Separate Meters, See Remarks, Water Available

      Community & HOA

      Community
      • Security: Security Gate, Other, Smoke Detector(s)
      • Subdivision: Community Corners
      HOA
      • Has HOA: No
      Location
      • Region: Nevada

      Financial & listing details

      • Price per square foot: $312/sqft
      • Tax assessed value: $711,512
      • Annual tax amount: $5,848
      • Date on market: 4/15/2026
      • Cumulative days on market: 94 days
      • Listing terms: Cash,1031 Exchange
      • Exclusions: Landscape equipment, Tenants Property, grills, patio furniture on and in the garages and sheds, etc.
      • Road surface type: Concrete, Gravel

        Estimated market value

        $731,400

        $695,000 - $768,000

        $3,090/mo

        Price history

        DateEventPrice
        7/7/2026Price change$770,000-1.9%$312/sqft
        Source: NTREIS #21238407 Report a problem
        5/28/2026Price change$785,000-1.8%$318/sqft
        Source: NTREIS #21238407 Report a problem
        4/15/2026Listed for sale$799,000-6.5%$324/sqft
        Source: eXp Realty #21238407 Report a problem
        10/28/2025Listing removed$2,600$1/sqft
        Source: Zillow Rentals Report a problem
        9/21/2025Listed for rent$2,600$1/sqft
        Source: Zillow Rentals Report a problem
        4/22/2023Listing removed--
        Source: NTREIS #20190392 Report a problem
        11/19/2022Price change$854,900-0.5%$347/sqft
        Source: NTREIS #20190392 Report a problem
        11/5/2022Price change$859,000-1.2%$348/sqft
        Source: NTREIS #20190392 Report a problem
        10/21/2022Listed for sale$869,230+98%$353/sqft
        Source: NTREIS #20190392 Report a problem
        4/10/2017Sold--
        Source: Agent Provided Report a problem
        2/22/2017Pending sale$439,000$178/sqft
        Source: Avignon Realty #13527914 Report a problem
        2/8/2017Listed for sale$439,000$178/sqft
        Source: Avignon Realty #13527914 Report a problem
        2/5/2017Pending sale$439,000$178/sqft
        Source: Avignon Realty #13527914 Report a problem
        1/27/2017Listed for sale$439,000+1.9%$178/sqft
        Source: Avignon Realty #13527914 Report a problem
        11/1/2016Listing removed$431,000$175/sqft
        Source: Avignon Realty #13425867 Report a problem
        9/17/2016Price change$431,000-1.4%$175/sqft
        Source: Avignon Realty #13425867 Report a problem
        9/15/2016Price change$437,000-1.4%$177/sqft
        Source: Avignon Realty #13425867 Report a problem
        8/27/2016Listed for sale$443,000$180/sqft
        Source: Avignon Realty #13425867 Report a problem
        8/9/2016Pending sale$443,000$180/sqft
        Source: Avignon Realty #13425867 Report a problem
        7/22/2016Listed for sale$443,000$180/sqft
        Source: Avignon Realty #13425867 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,859 -15.6%$711,512 -7.2%
        2024$6,939 -14.5%$766,610 +6.9%
        2023$8,115 $717,420 +26.3%
        2022-- $568,140 +27.2%
        2021$5,309 +5.6%$446,669 +2.5%
        2020$5,026 -1.3%$435,597 -4.1%
        2019$5,094 +0.5%$454,182 +52.7%
        2018$5,070 +6.9%$297,413 -30.1%
        2017$4,745 $425,448 +12.1%
        2016$4,745 +13.9%$379,359 +6%
        2015$4,167 $357,818
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75173

        Getting around

        15 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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