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$729,900

19455 County Road 541, Nevada, TX, 75173

PendingInfo
Beds3 Beds
Baths3 Bath
Baths3,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.26 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave

Exterior

Lot Size5.78 acres

Building Information

Year Built1984
Stories2
Garage Spaces4

Land Information

APNR-6269-000-0160-1
Lot Number16
SubdivisionM C Dupey Survey
Land UseResidential
Legal DescriptionABS A0269 M C DUPEY SURVEY, TRACT 16, 5.7832 ACRES
Census Tract031201
Assessed Land Value$248,678
Assessed Improvement Value$301,938
Assessment Year2025

About this property

Nearly 7 acres on a highly accessible corner with a large home at this price is not an easy find in Eastern Collin County! These two tracts, the larger of which outside city limits in the county, are currently ag exempt & offers the potential a wide variety of future uses in addition to the current single family homesite. Tucked between Highway 66 and FM 6, frontage along FM 1138 is highly visible on what is quickly becoming the north-south corridor through this growing area. CR 541, also known as Watkins Road is a straight shot west to Highway 78 at Lavon. Though the home has several recent system and structural updates, there is a huge opportunity to bring your vision and plans to this large site at the edge of a wonderful small town just outside the Metroplex. Downstairs you’ll find an open concept kitchen and living area with newer appliances, custom cabinetry, huge fireplace and large windows. Two bedrooms, a full bath and a large, separate laundry room make this lower level incredibly flexible. Upstairs, the primary bedroom offers an ensuite bathroom, a large closet, massive fireplace, and large private sunroom which would make a great office. The two additional upstairs rooms are served by a half bath and could be bedrooms or living and kitchen space as one of the other two rooms upstairs was once a second kitchen and the plumbing and electrical wiring are still in-wall, available for conversion back to a second living area. In addition to the central staircase, the second level is accessible via a recently renovated exterior stairway. The property is fenced and cross-fenced and features a hand-built pole barn and a metal garage with carport. The oversized garage connected to the home via a breezeway and a large pond round out the amenities of this property. Please note the two parcels, Property ID 1280848 and 1621560 on Collin CAD, both included in this sale. Home will need some cosmetic work, but the property and location will b=make it worth the effort!

Investor Tools

$0Estimated Mortgage Balance
$723,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,379 /month
Positive
Cash Flow Estimate:
$1,460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,589
$550,616
2025
$248,678
$301,938
$550,616
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,589
$550,616

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$550,616
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Nevada

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19455 County Road 541 | Property Details | No Agent List