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24 DAYSSINGLE FAMILY · DEEP WATER POINT

$950,000

7404 County Road 964, Nevada, TX 75173
6 BD · 7 BA · 4,208 SQFT · BUILT 1968 · $226/SQFT

Deep Water Point, Nevada — 24 days on the market.

Lakefront retreat, income opportunity, and private escape all in one property located less than an hour from Dallas on the shores of Lake Lavon. This unique property offers flexibility for personal use, investment, or multi-generational living with multiple possible income strategies. Currently operating with strong short-term rental appeal, the property has potential for six-figure gross annual STR income depending on occupancy and management. The flexible layout may also work well for mid-term rentals, long-term rentals, house hacking opportunities, rent-by-the-room concepts, corporate retreats, group retreats, or hybrid owner-occupant investment strategies. Designed for gathering and entertaining, the property features expansive outdoor spaces, lake views, multiple living and sleeping areas, updated finishes, hot tub, firepit area, and large common spaces ideal for hosting guests or extended stays. Opportunities like this near DFW are becoming increasingly rare as development and growth continue around Lake Lavon. Whether you're searching for a waterfront residence, weekend getaway, Airbnb investment, or flexible income-producing property, this one offers options difficult to find in today’s market. Seller is open to discuss owner financing.

01 — THE NUMBERS
DAYS ON MARKET
24
$ / SQFT
$226
PROPERTY TYPE
Single family
YEAR BUILT
1968
STATUS
Active
LISTED
JUN 14
LOT
0.35 AC
02 — KNOW THE CITY
NevadaFULL CITY REPORT →
THIS HOME VS CITY MEDIAN ($390K · EDITORIAL EST.)
+144% VS MEDIANCOMMUNITY ISD · COLLIN COUNTY · 40 MIN TO DT DALLAS
LISTING COURTESY OF PROVIDENCE GROUP REALTYMLS# 21228583 · NTREIS
LAST UPDATED MAY 30, 2026, 1:04 PM CT · NTREIS IDX · LISTING INFORMATION PROVIDED BY NORTH TEXAS REAL ESTATE INFORMATION SYSTEMS, INC. (NTREIS). INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED. DATA MAY NOT REFLECT ALL REAL ESTATE ACTIVITY IN THE MARKET. COPYRIGHT NTREIS. ALL RIGHTS RESERVED.
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