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Konda Real EstateYour Trusted DFW Realtor
(469) 854-1352realtorkonda@gmail.comrealtorkonda.com
842 N Fm 1138
NEVADA, TX 75173 · Community Corners
$770,000
ActiveMLS# 21238407
3Beds
2.5Baths
2,465Sq Ft
$312/ Sq Ft
1997Year Built
3Garage
1Story
10.00Acres
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 spaciou…
Room Details
| Room | Level | Size |
|---|---|---|
| Bonus Room | Main | 22 x 20 |
| Bedroom | Main | 11 x 11 |
| Bedroom | Main | 11 x 11 |
| Primary Bathroom | Main | 12 x 16 |
| Primary Bedroom | Main | 16 x 15 |
| Utility Room | Main | 6 x 5 |
| Breakfast Room Nook | Main | 12 x 11 |
| Kitchen | Main | 15 x 14 |
| Living Room | Main | 19 x 18 |
Property Details
| Type | Single Family Residence |
| County | Collin |
| Lot | 10.000 ac (435,600 sqft) |
| Annual Tax | $5,848 |
| Days on Market | 109 |
Schools
| District | Community ISD |
| Elementary | Mcclendon |
| Middle | Leland Edge |
| High School | Community |
Est. Monthly Payment (20% down, 30yr)
| P&I (6.875%) | $4,047 |
| Est. Tax | $487 |
| Est. Total | $4,534/mo |
Schedule a Showing
(469) 854-1352
realtorkonda.com
● ActiveSingle Family ResidencePrice Change · Jul 7
$770,000
842 N Fm 1138
NEVADA, TX 75173 · Community Corners
3bd
2.5ba
2,465sqft
Built 1997
3garage
10.00acres
1story
109 days on market$312/sqftMLS# 21238407
About This Property
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.
Property Details
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
3
Full Baths
2
Half Baths
1
Living Area
2,465 sqft
Lot Size
435,600 sqft
Lot (acres)
10.000
Garage
3 spaces
Stories
1
Year Built
1997
Community
Community CornersTax & Appraisal
Rooms
| Room | Level | Size |
|---|---|---|
| Bonus RoomCeiling Fans | Main | 22 x 20 |
| BedroomCeiling Fans | Main | 11 x 11 |
| BedroomCeiling Fans | Main | 11 x 11 |
| Primary BathroomBuilt In Features, Double Vanity, En Suite Bathroom, Linen Closet, Separate Shower | Main | 12 x 16 |
| Primary BedroomCeiling Fans, En Suite Bathroom | Main | 16 x 15 |
| Utility RoomBuilt In Features, Other, Utility Room | Main | 6 x 5 |
| Breakfast Room NookBreakfast Bar, Built In Features | Main | 12 x 11 |
| KitchenBuilt In Features, Eat In Kitchen, Granite Counters, Kitchen Island, Pantry | Main | 15 x 14 |
| Living RoomCeiling Fans, Fireplace | Main | 19 x 18 |
Interior Features
BuiltInFeaturesDecorativeDesignerLightingFixturesEatInKitchenGraniteCountersHighSpeedInternetKitchenIslandOtherPantryWalkInClosets
School Information
3D Virtual Tour
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Financial
Annual Tax
$5,848
Listing Information
Mortgage Calculator
Total Principal
$616,000
Total Interest
$840,805
Total Loan Payment
$1,456,805
Payoff Date
August 2056
$
$
%
%
Est. Payment
$4,855
/month
Principal & Interest$4,047
Property Tax
$
HOA Fees
$
Home Insurance
$
Total$4,855/mo
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
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View Online
https://realtorkonda.com/property/nevada-tx/community-corners/842-n-fm-1138-75173
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Kendra Edwards · eXp Realty LLC · 888-519-7431
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated Jul 7, 2026.
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Listing Agent
Kendra Edwards
eXp Realty LLC
