7404 County Road 964
Nevada, TX 75173
$950,000
4,208 sqft
6 beds
5.2 baths
Description
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.
Exterior Features
- Other
- Traditional
- Detached
- Garage
- GarageFacesSide
- Boat
- RvAccessParking
- BackYard
- CornerLot
- Greenbelt
- Lawn
- Landscaped
- ManyTrees
- Subdivision
- Waterfront
- Composition
- Balcony
- Courtyard
- FirePit
- Other
- PrivateYard
- Storage
- MetalSiding
- WoodSiding
- None
- PillarPostPier
- Partial
- Wood
Location
Schools
| School Name | Grades | Admission |
|---|---|---|
| Carylene McClendon Elementary School | PK - 5 | Regular |
| Community High School | 9 - 12 | Regular |
| Edge Middle School | 6 - 8 | Regular |
| 3 Schools | ||
*All school information should be verified by local Independent School District.
* Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer.
The information contained herein is furnished by the owner to the best of his/her knowledge, but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.