About 7424 County Road 961
Charming renovated lakeview bungalow with bonus income potential just yards from Lake Lavon! 7424 County Road 961 in Nevada, TX is as cute as a button with neomodern flair and a nod to craftsman-era design. From the inviting wraparound porch to the sun-drenched picture windows, every detail feels intentional, artistic, and at ease. Currently operating as a short-term rental, the main home is move-in ready. The parcel spans five contiguous lots and includes three accessory dwellings (a 1 bed, 1 bath casita; 2 bed, 1 bath caban; and 2 bed, 1 bath cabin) awaiting renovation to multiply your return. (ADU floor plans and measurements coming soon.) Whether you're dreaming of a full-time lake escape or mapping out your next portfolio power move, this setup delivers unmatched flexibility. Outdoors, enjoy mature trees, a detached garage with bonus storage for vehicles & watercraft, and open views that shift with the light across the nearby shoreline.
Features of 7424 County Road 961
| MLS® # | 20962775 |
|---|---|
| Price | $333,600 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 915 |
| Acres | 0.53 |
| Year Built | 2002 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Craftsman, Traditional |
| Status | Active |
Community Information
| Address | 7424 County Road 961 |
|---|---|
| Subdivision | Deep Water Point |
| City | Nevada |
| County | Collin |
| State | TX |
| Zip Code | 75173-6242 |
Amenities
| Utilities | Asphalt, Co-op Water, Electricity Connected, Outside City Limits, Rural Water District, Septic |
|---|---|
| # of Garages | 2 |
| Garages | Additional Parking, Garage, Storage, Workshop in Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, Decorative Lighting, High Speed Internet Available |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Covered Porch(es) |
|---|---|
| Lot Description | Corner Lot, Few Trees, Interior Lot, Lrg. Backyard Grass, Subdivision, Water/Lake View |
| Roof | Composition |
| Construction | Siding, Wood |
| Foundation | Pillar/Post/Pier |
School Information
| District | Community ISD |
|---|---|
| Elementary | Mcclendon |
| Middle | Leland Edge |
| High | Community |
Financial Information
| HOA | None |
|---|---|
| Tax Unexempt | $3,567 |
Listing Details
| Agent | Amanda Thomas |
|---|---|
| Office | Providence Group Realty |
| Contact Info | 469-645-6363 |