
$142,000
NAL Estimated Property Value306 S Fm 1138, Nevada, TX, 75173
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About this property
Are you looking for the perfect investment opportunity in North Texas? This property offers incredible potential for those with vision and ambition. While the existing house is not safe for entry, the true value lies in the over half acre it sits on. Essential utilities are already available at the property, simplifying the development process. Nevada is a rapidly growing region, making this an excellent opportunity in Community ISD! Property sold as-is.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Nevada
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