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7404 County Road 964
NEVADA, TX 75173 · Deep Water Point
$950,000
ActiveMLS# 21228583
6Beds
6Baths
4,208Sq Ft
$226/ Sq Ft
1968Year Built
2Garage
2Stories
0.35Acres
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…
Room Details
| Room | Level | Size |
|---|---|---|
| Half Bath | Main | 4 x 7 |
| Half Bath | Main | 4 x 5 |
| Dining Room | Main | 11 x 20 |
| Living Room | Main | 17 x 17 |
| Kitchen | Main | 11 x 12 |
| Living Room | Main | 11 x 20 |
| Full Bath | Main | 5 x 12 |
| Primary Bedroom | Main | 10 x 19 |
| Full Bath | Main | 6 x 12 |
Property Details
| Type | Single Family Residence |
| County | Collin |
| Lot | 0.350 ac (15,246 sqft) |
| Annual Tax | $4,579 |
| Days on Market | 80 |
Schools
| District | Community ISD |
| Elementary | Mcclendon |
| Middle | Leland Edge |
| High School | Community |
Est. Monthly Payment (20% down, 30yr)
| P&I (6.875%) | $4,993 |
| Est. Tax | $382 |
| Est. Total | $5,375/mo |
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(469) 854-1352
realtorkonda.com
● ActiveSingle Family Residence
$950,000
7404 County Road 964
NEVADA, TX 75173 · Deep Water Point
6bd
6ba
4,208sqft
Built 1968
2garage
0.35acres
2stories
80 days on market$226/sqftMLS# 21228583
About This Property
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.
Property Details
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
6
Full Baths
5
Half Baths
2
Living Area
4,208 sqft
Lot Size
15,246 sqft
Lot (acres)
0.350
Garage
2 spaces
Stories
2
Year Built
1968
Community
Deep Water PointTax & Appraisal
Rooms
| Room | Level | Size |
|---|---|---|
| Half Bath | Main | 4 x 7 |
| Half Bath | Main | 4 x 5 |
| Dining Room | Main | 11 x 20 |
| Living Room | Main | 17 x 17 |
| KitchenBreakfast Bar, Pantry | Main | 11 x 12 |
| Living Room | Main | 11 x 20 |
| Full Bath | Main | 5 x 12 |
| Primary BedroomEn Suite Bathroom | Main | 10 x 19 |
| Full Bath | Main | 6 x 12 |
| BedroomSplit Bedrooms | Main | 12 x 12 |
| BedroomSplit Bedrooms | Main | 12 x 13 |
| Living Room | Main | 22 x 23 |
| KitchenBreakfast Bar, Built In Features, Galley Kitchen, Pantry | Main | 9 x 15 |
| Bonus Room | Upper | 7 x 8 |
| Full Bath | Upper | 9 x 4 |
| BedroomEn Suite Bathroom | Upper | 11 x 14 |
| Full Bath | Upper | 8 x 8 |
| BedroomEn Suite Bathroom | Upper | 9 x 13 |
| Full Bath | Upper | 8 x 8 |
| BedroomEn Suite Bathroom | Upper | 13 x 17 |
Interior Features
WetBarDecorativeDesignerLightingFixturesPanelingWainscotingCableTvVaultedCeilings
School Information
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Financial
Annual Tax
$4,579
Listing Information
Mortgage Calculator
Total Principal
$760,000
Total Interest
$1,037,357
Total Loan Payment
$1,797,357
Payoff Date
July 2056
$
$
%
%
Est. Payment
$5,771
/month
Principal & Interest$4,993
Property Tax
$
HOA Fees
$
Home Insurance
$
Total$5,771/mo
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
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https://realtorkonda.com/property/nevada-tx/deep-water-point/7404-county-road-964-75173
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Sam Thomas · Providence Group Realty · 469-645-6363
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 May 30, 2026.
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Listing Agent
Sam Thomas
Providence Group Realty
