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Collin, US
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.
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.
Courtesy Of: eXp Realty LLC
Feature Highlights
- Dining Room
- Family Room
- Fireplace
- Tile Floor
General Features
- Style:
- Traditional
- Foundation Type:
- Slab
- Garage:
- Additional Parking,Boat,Carport,Concrete,Covered,Detached Carport,Direct Access,Driveway,Electric Gate,Garage,Garage Door Opener,Heated Garage,Lighted
Public Schools
- School District:
- Community ISD
- Elementary School:
- Mcclendon
- Middle School:
- Leland Edge
- High School:
- Community
Interior Features
- Baths Full:
- 2
- 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
- Number Of Dining Areas:
- 2
- Flooring:
- Ceramic Tile,Hardwood
- Fireplaces Total:
- 1
- Fireplace Features:
- Living Room,Other
- Number Of Living Areas:
- 2
- Room Count:
- 9
- Beds Total:
- 3
- Baths Half:
- 1
Exterior Features and Amenities
- Parking Features:
- Additional Parking,Boat,Carport,Concrete,Covered,Detached Carport,Direct Access,Driveway,Electric Gate,Garage,Garage Door Opener,Heated Garage,Lighted,Oversized,Parking Pad,Private,RV Access/Parking,RV Carport,See Remarks,Workshop in Garage
- Roof:
- Composition
- Subdivision Name:
- Community Corners
- Lot Size Units:
- Acres
- Architectural Style:
- Traditional
- Lot Size Source:
- Assessor
- Lot Size Area:
- 10.0000
- Lot Features:
- Acreage,Landscaped,Lrg. Backyard Grass,Many Trees,Other,Pasture,Tank/ Pond
- Exterior Features:
- Attached Grill,Courtyard,Covered Patio/Porch,Fire Pit,Rain Gutters,Lighting,Outdoor Kitchen,Outdoor Living Center,Private Entrance,RV/Boat Parking,Stable/Barn,Storage,Other
- Farm Ranch Features:
- Fenced for Cattle,Fenced for Horses
- Fencing:
- Barbed Wire,Electric,Fenced,Gate,Vinyl,Wire
- Lot Size:
- 10 to < 50 Acres
Utility Information
- Utilities:
- Aerobic Septic,City Water,Concrete,Electricity Available,Electricity Connected,Gravel/Rock,Individual Water Meter,Overhead Utilities,Phone Available,Private Road,Propane,Septic,See Remarks
Financial
- Number Of Residences:
- 1
- Unexempt Taxes:
- $5,848.00
- Transaction Type:
- For Sale
- Tax Legal Description:
- COMMUNITY CORNERS (GCN), LOT 11
Other Features
- Security Features:
- Security Gate,Smoke Detector(s),Other
- Year Built Details:
- Preowned
- Will Subdivide:
- No
- Construction Materials:
- Brick
- Structural Style:
- Farm/Ranch House,Single Detached
- Soil Type:
- Unknown
- Foundation Details:
- Slab
- Easements:
- Access
- Restrictions:
- Lease While on Market,No Known Restriction(s)
- Possession:
- Lease Outstanding,Negotiable
- Garage Width:
- 50
- Parcel Number:
- R204400001101
- Garage Length:
- 30
Directions
From Hwy 78 in Lavon, head east toward Nevada. Turn onto FM 6 and continue north. Turn right onto FM 1138 Property will be on the East Side
Copyright 2026 NTREIS. All rights reserved. The data relating to real estate for sale on this Web site comes in part from the Internet Data Exchange Program of the NTREIS. Real estate listings held by brokerage firms other than SRE-Sudderth Real Estate includes the name of the listing brokers.
Data last updated: 2026-04-28.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale.
