Nevada, TX 75173
$175,000List Price
$1,325 Est. Mo. Payment
For a given home price of $175,000, the monthly mortgage is computed using a 5% down payment ($8,750) and a 7.5% annual interest rate, spread over 360 payments.
0
1
0
464ft2

Leslie Marquez

Premier Properties Realty

, TX

Status

Available

Description

This unique property, formerly home to the old water tower and water department office, offers a wealth of potential for a variety of uses. Previously classified as commercial, the property is situated on a prime corner with road frontage on three sides, ensuring excellent visibility and access. The building itself has been completely renovated, featuring updated floors, fresh paint, a new roof, and appliances—ready for immediate use. Whether you're looking to create office space, retail, or even a residential development, the possibilities are wide open. The iconic old water tower, currently utilized for storage, adds an intriguing element with its potential for creative repurposing or further development. For those interested in a different vision for the property, a zoning change may be pursued with Collin County to accommodate various uses, allowing you to bring your ideas to life. Don't miss the opportunity to invest in a property with character, history, and endless potential! Come explore this distinctive property, ideally located in the heart of a rapidly growing community, just minutes from Lake Lavon, Rockwall, Wylie, and Farmersville.

MLS Listing ID

21117666

Listed By

Leslie Marquez
469-465-7702
Premier Properties Realty

Map

High School
Community
Elementary School
Nesmith
High School District
Community ISD
Middle Or Junior School
Leland Edge
Tax Annual Amount
392
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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$
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Estimated Monthly Payment

$1,325

Loan Amount

$166,250

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. Start My Mortgage Application can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
1

Kitchen

Appliances

  • Washer
  • Microwave
  • Dryer

Highlights

Interior Features

  • Eat-in Kitchen

Roof

  • Asphalt

Sewer

  • Septic Tank

Levels

  • One

Cooling

  • Wall/Window Unit(s)
  • Ceiling Fan(s)
Garage Spaces
1
Lot Size Acres
0.077
Parcel Number
R103101400501

Pool Features

  • None
Property Type
Residential

Parking Features

  • Concrete
  • Additional Parking
  • Garage Faces Side
Property Sub Type
Apartment
Virtual Tour
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Flooring

  • Vinyl
Year Built
1975

Foundation Details

  • Slab

Heating

  • Wall Furnace
Heating

Utilities

  • Water Available
  • Septic Available

Green Indoor Air Quality

  • Ventilation
12/3/2025
Active
(Current Listing)
$175,000
$377/sqft
12/3/2025
Price Change
$175,000 -10.3%
$377/sqft
3/1/2025
Expired
MLS Listing ID: 20779797
$195,000
$420/sqft
11/23/2024
Price Change
$195,000 -15.2%
$420/sqft
11/18/2024
Canceled
MLS Listing ID: 20587221
$230,000
$496/sqft
4/14/2024
Price Change
$255,000 +10.9%
$550/sqft
4/14/2024
Price Change
$230,000
$496/sqft