About 7404 County Road 964
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.
Features of 7404 County Road 964
| MLS® # | 21228583 |
|---|---|
| Price | $950,000 |
| Bedrooms | 6 |
| Bathrooms | 5.20 |
| Full Baths | 5 |
| Half Baths | 2 |
| Square Footage | 4,208 |
| Acres | 0.35 |
| Year Built | 1968 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 7404 County Road 964 |
|---|---|
| Subdivision | Deep Water Point |
| City | Nevada |
| County | Collin |
| State | TX |
| Zip Code | 75173-6220 |
Amenities
| Utilities | All Weather Road, Co-op Water, Electricity Connected, Individual Water Meter, Outside City Limits, Phone Available, Septic, Well |
|---|---|
| # of Garages | 2 |
| Garages | Garage, Garage Faces Side |
| Is Waterfront | Yes |
| Waterfront | Lake Front, Lake Front – Corps of Engineers, Lake Front – Main Body |
| Pool On Property | No |
| Pool | Separate Spa/Hot Tub |
Interior
| Interior Features | Cable TV Available, Decorative Lighting, Paneling, Vaulted Ceiling(s), Wet Bar |
|---|---|
| Heating | Central, Electric, Fireplace(s) |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Brick, Gas Starter, Wood Burning, Other, Freestanding |
Exterior
| Exterior Features | Balcony, Courtyard, Covered Porch(es), Fire Pit, Private Yard, RV/Boat Parking, Storage, Other |
|---|---|
| Lot Features | Corner Lot, Greenbelt, Landscaped, Lrg. Backyard Grass, Many Trees, Subdivision, Water/Lake View, Waterfront |
| Roof | Composition |
| Construction | Siding, Wood, Metal Siding |
| Foundation | Pillar/Post/Pier |
School Information
| District | Community ISD |
|---|---|
| Elementary | Mcclendon |
| Middle | Leland Edge |
| High | Community |
Additional Information
| Architectural Style | Traditional, Other |
|---|---|
| # of living Areas | 2 |
| # of Fireplaces | 2 |
| Flooring | Ceramic Tile, Tile, Wood |
| $/LivSqFt | $226 |
Listing Details
| Agent | Sam Thomas |
|---|---|
| Office | Providence Group Realty |
| Contact Info | 469-645-6363 |