- 2 beds
- 1 bath
- 915 sqft
- ~1/2 acre lot
- $364 per sqft
- 2002 build
- – on site
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.
Last checked:
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Last updated Jun 15, 2025
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MLS# 20962775 —
The Building
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Year Built:2002
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Year Built Details:Preowned
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Architectural Style:Craftsman, Traditional
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Structural Style:Lake House, Single Detached, Vacation Home
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Window Features:Window Coverings
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Patio And Porch Features:Covered, Deck
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Accessibility Features:No
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Roof:Composition
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Basement:No
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Foundation Details:Pillar/Post/Pier
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Levels:One
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Construction Materials:Siding, Wood
Interior
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Interior Features:Cable TV Available, Decorative Lighting, High Speed Internet Available
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Flooring:Hardwood, Luxury Vinyl Plank, Tile
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Laundry Features:Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
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# of Dining Areas:1
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# of Living Areas:1
Room Dimensions
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Living Area:915.00
Location
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Directions:From TX-78, exit 489, and head west to 487 south, then left (west) on 964. Turn onto 961. Property is situated on the corner, and will be on the right.
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Latitude:33.05789300
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Longitude:-96.45264100
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Attached:No
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Parcel Number:R074200200901
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Lot Features:Corner Lot, Few Trees, Interior Lot, Lrg. Backyard Grass, Subdivision, Water/Lake View
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Lot Size:.5 to < 1 Acre
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Lot Size SqFt:23173.9200
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Lot Size Acres:0.5320
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Lot Size Area:0.5320
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Fencing:None
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Exterior Features:Covered Patio/Porch
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Other Structures:Bunk House, Cabana, Garage(s), Guest House
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Water Body Name:Lavon
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:9
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Tax Block:B
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Tax Legal Description:DEEP WATER POINT (GCN), BLK B, LOT 9 THRU 13
Beds
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Bedrooms Total:2
Baths
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Total Baths:1.00
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Total Baths:1
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Full Baths:1
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20962775
Heating & Cooling
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Heating:Central, Electric
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Cooling:Ceiling Fan(s), Central Air, Electric
Utilities
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Utilities:Asphalt, Co-op Water, Electricity Connected, Outside City Limits, Rural Water District, Septic
Appliances
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Appliances:Dishwasher, Electric Range, Refrigerator
Schools
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School District:Community ISD
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Elementary School:Mcclendon
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Elementary School Name:Mcclendon
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Middle School Name:Leland Edge
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High School Name:Community
The Community
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Subdivision Name:Deep Water Point
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Senior Community:No
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Pool:No
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Association Type:None
Parking
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Garage:Yes
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Attached Garage:No
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Garage Spaces:2
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Covered Spaces:2
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Parking Features:Additional Parking, Garage, Storage, Workshop in Garage
Monthly cost estimate

Asking price
$333,600
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,786
|
Taxes | N/A |
Insurance | $91 |
Utilities | $102 See report |
Total | $1,979/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.