14340 County Road 550th Rd, Farmersville, TX 75442

$925,000
3
BD
2
BA
2,819
SqFt

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List Price
$925,000
MLS#
21398352
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
1982
Construction Status
Preowned
Bedrooms
3
Full Baths
2
Acres
10.15
Living Area
2,819
County
Collin
City
Farmersville
Subdivision
Hezekiah Walters Surv
Number of Stories
1
Architecture Style
Traditional, Detached

Property Description

ONE-OF-A-KIND LAKE LAVON PROPERTY ON 10.149 ACRES! Discover the rare opportunity to own a beautifully updated property offering privacy, acreage, incredible lake views, and multiple living options. This unique estate features a 2,115 sq. ft. main home plus a 704 sq. ft. fully updated guest house, creating exceptional flexibility for multi-generational living, a private MIL suite, guest accommodations, or potential rental income. Both homes have been thoughtfully updated and are move-in ready. The main residence offers comfortable living spaces and a screened-in porch where you can relax and take in peaceful views of Lake Lavon and adjoining U.S. Army Corps of Engineers land, providing a scenic backdrop and added sense of privacy. The expansive 10.149-acre property offers room to enjoy the outdoors, pursue agricultural uses, or simply embrace the tranquility of country living near the lake. The property currently benefits from an agricultural exemption. For boating and lake recreation, Lakeland Park is just down the street and offers a convenient boat ramp, making it easy to enjoy everything Lake Lavon has to offer. Opportunities like this are hard to find—updated homes, acreage, lake views, a versatile guest house, and convenient access to the water all in one property. Come experience the possibilities of this exceptional Lake Lavon retreat!

Additional Information

Unexempt Taxes
$5,064
Amenities
Fireplace
Lot Size
442,090
Acres
10.15
Interior Features
Eat-In Kitchen, Kitchen Island, Open Floor Plan, Pantry, Vaulted/Cathedral Ceilings
Flooring
Vinyl
Foundation
Slab
Roof
Composition
Stories
1
Pool Features
None
Fireplaces
1
Fireplace Type
Blower Fan, Masonry, Wood Burning
Exterior
Private Entrance
Garage Spaces
2
Carport Spaces
1
Parking Garage
Attached, Additional Parking, Garage - Single Door, Garage, Garage Door Opener, Gravel, Garage Faces Side
School District
Farmersville Isd
Elementary School
Tatum
Middle School
Farmersville
High School
Farmersville
Possession
CloseOfEscrow
Proposed Use
Agricultural, Cattle, Horses, Hunting
Community Features
Boat Facilities, Lake, Park

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of Lori Clark from Local Pro Realty LLC. Contact: 469-993-3121

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: