$330,000
7424 County Road 961, Nevada, TX, 75173
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About this property
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.
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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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