About 842 N Fm 1138
10 ACRES with WORKSHOP & BARN! RESIDENTIAL & COMMERCIAL POTENTIAL Welcome to 842 N FM 1138—a rare opportunity to own a fully functional property that blends comfortable living, outdoor lifestyle, and income or business potential all in one. Situated on approximately 10 fenced acres with gated entry, this 3-bedroom, 2-bath home offers over 2,400 square feet of well-designed space, surrounded by open land, mature trees, and room to expand. Inside, you’ll find a spacious layout featuring hardwood floors, plantation shutters, and a large living area with fireplace. The kitchen is built for both everyday living and entertaining, complete with granite countertops, a large island, abundant cabinetry, breakfast bar, and dedicated dining spaces. The primary suite offers a true retreat with a spacious layout, dual vanities, and a walk-in shower, while additional rooms provide flexibility for family, guests, or home office use. Huge Bonus Room! Step outside and the property truly comes to life: Heated and cooled workshop with electricity and built-ins 3-stall barn with wash stall, tack room, and feed room Outdoor kitchen with built-in grill and sink—perfect for entertaining Additional storage shed and ample space for RV, boat, or equipment parking Fully fenced acreage with remote-controlled gated entrance Whether you’re looking for a homestead, hobby farm, business setup, or future development opportunity, this property offers unmatched flexibility. Commercial use potential adds an additional layer of value—ideal for buyers looking to live and work in one location or invest in future development. Enjoy the peace and privacy of country living while remaining conveniently located near major highways, shopping, and surrounding cities. Opportunities like this—with land, improvements, and versatility—are increasingly hard to find. Schedule your showing today.
Features of 842 N Fm 1138
| MLS® # | 21238407 |
|---|---|
| Price | $770,000 |
| Bedrooms | 3 |
| Bathrooms | 2.10 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,465 |
| Acres | 10.00 |
| Year Built | 1997 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 842 N Fm 1138 |
|---|---|
| Subdivision | Community Corners |
| City | Nevada |
| County | Collin |
| State | TX |
| Zip Code | 75173-8133 |
Amenities
| Utilities | Aerobic Septic, City Water, Concrete, Electricity Available, Electricity Connected, Gravel/Rock, Individual Water Meter, Phone Available, Propane, Septic, See Remarks, Overhead Utilities, Private Road |
|---|---|
| # of Garages | 3 |
| Garages | Additional Parking, Carport, Concrete, Covered, Direct Access, Driveway, Electric Gate, Garage, Garage Door Opener, Lighted, Oversized, RV Access/Parking, Workshop in Garage, Boat, Detached Carport, Heated Garage, Parking Pad, Private, RV Carport, See Remarks |
| Is Waterfront | No |
| Pool On Property | No |
Interior
| Interior Features | Built-in Features, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Other, Pantry, Walk-In Closet(s) |
|---|---|
| Heating | Central, Fireplace(s), Propane |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Living Room, Other |
Exterior
| Exterior Features | Attached Grill, Covered Porch(es), Fire Pit, Rain Gutters, Lighting, Outdoor Living Center, Private Entrance, Stable/Barn, Storage, Other, Courtyard, Outdoor Kitchen, RV/Boat Parking |
|---|---|
| Lot Features | Acreage, Landscaped, Lrg. Backyard Grass, Many Trees, Pasture, Tank/ Pond, Other |
| Roof | Composition |
| Construction | Brick, Other |
| Foundation | Slab |
School Information
| District | Community ISD |
|---|---|
| Elementary | Mcclendon |
| Middle | Leland Edge |
| High | Community |
Additional Information
| Architectural Style | Traditional, Other |
|---|---|
| # of living Areas | 2 |
| # of Fireplaces | 1 |
| Flooring | Ceramic Tile, Hardwood |
| $/LivSqFt | $312 |
Listing Details
| Agent | Kendra Edwards |
|---|---|
| Office | eXp Realty LLC |
| Contact Info | 214-789-9736 |