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#20985086, Melissa Mckeague, Listing office: Integrity Plus Realty LLC
$775,000 List price
7022 County Road 487 Nevada, TX 75173
1 bed
1 full
900 sqft
9.7 acres
$861 / sqft
House
Property details
About 7022 County Road 487
Prime real estate acreage near Lake Lavon and short distance to Hwy 78, owner had built his 1 bedroom, 1 bath efficiency inside his massive 30'x90' metal building surrounded by mature crepe myrtle trees and consist approx. 1800sf insulated shop, well built with studs planted in concrete and insulated interior walls and ceiling. The approx. 900sf residential dwelling and an add-on enclosed patio has wood burning fireplace, cooking grill connected to a commercial grade vent-a-hood and an underground bunker or tornado shelter. Comfortable primary bedroom and bath and an open living area and kitchen with walls of custom-built cabinets and lots of counter space, stainless steel appliances, new sink and faucet, new countertops and backsplash and ceramic tile floors. Living room with decorative lighting and built-in entertainment center with speakers inserts. Owner is downsizing from the 11.33 acres but want to keep approx. 1.68 acres (including the wind turbine, which the owner plans to relocate about 150ft towards the southern end property line) hence making available approx. 9.65 acres primate acreage with approx. 180ft road frontage. See drawing in NTREIS supplement and aerial photos depicting the acreage and separation. Currently all the acreage but one acre is under Ag Exempt status, buyer and buyer broker to verify with Collin County about continuation of such agriculture exemption status for the approx. 9.65 acres, which would need to be replatted and to have a new survey.
Highlights
Home typeSingle Family Residence
HeatingElectric, Floor Furnace, Other
StatusActive
CoolingWindow Unit(s)
Size900 sqft
Lot size9.65 Acres
Year built2004
ParkingAdditional Parking, Covered, Driveway, Electric Gate, Garage Faces Front, Garage, Garage Door Opener, Workshop in Garage
MLS #20921150
Attached garage2 spaces
FireplaceOther, Wood Burning
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Dishwasher, Electric Range
- Basement: No
- Flooring Type: Concrete, Tile
- Interior: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Open Floorplan
- Fireplace: Other, Wood Burning
- Total Bedroom Count: 1
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Additional Parking, Covered, Driveway, Electric Gate, Garage Faces Front, Garage, Garage Door Opener, Workshop in Garage
- Architectural Style: Barndominium, Detached
- Heating: Electric, Floor Furnace, Other
- Cooling: Window Unit(s)
- List Price: $775,000
- Price/SqFt: $861
- Annual Tax Amount: $87
- Tax Year: 2024
- Lot: Pasture, Few Trees
- Directions: From Lavon go Hwy 78 North towards Farmersville, pass Hwy 6, turn left on County Road 489, cross one railroad tracks and follow winding road to County Road 487, turn left on CR487, drive a short distance see subject property on right with nice cattle panel wired fencing.
- Year Built: 2004
- Living Area: 900 SqFt
- Lot Size: 9.65 Acres
- MLS Number: 20921150
- MLS Name: NTR
- Office Name: Coldwell Banker Realty
- Office Phone: (972) 772-1500
- Listing Agent: Frank Lu
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/24/2025, 5:45:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $453,498 | $87 |
| 2023 | $427,166 | $250 |
| 2022 | $341,367 | $250 |
| 2021 | $226,745 | $230 |
| 2020 | $57,857 | $1,006 |
| 2019 | $54,507 | $1,079 |
| 2018 | $55,866 | $1,079 |
| 2017 | $52,247 | $991 |
History based on county public records data.
Nearby schools
5
Phyliss NeSmith Elementary School
Public District PK-5
3.2 mi
•801 President Blvd
4
Carylene McClendon Elementary School
Public District PK-5
4.6 mi
•601 N FM 1138
8
Akin Elementary School
Public District KG-4
5.8 mi
•1100 Springwood Ln
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $78,493. Most Nevada, TX residents have annual incomes between $35k-100k. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
18%
<35k
45%
35k-100k
37%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
24%
Single, No Kids
12%
Single, with Kids
33%
Married, No Kids
31%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
11%
12-17 yrs old
18%
18-34 yrs old
46%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hunting
Pro Wrestling
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7022 County Road 487
The listing price of 7022 County Road 487 property is $775,000.
The property 7022 County Road 487 is a house located in Nevada, Texas, 75173.
Active Listing: 7022 County Road 487 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7022 County Road 487 are: Phyliss NeSmith Elementary School (GreatSchools Rating 5/10), Carylene McClendon Elementary School (GreatSchools Rating 4/10), Akin Elementary School (GreatSchools Rating 8/10), Edge Middle School (GreatSchools Rating 4/10), Grady Burnett Junior High School (GreatSchools Rating 9/10), McMillan Junior High School (GreatSchools Rating 10/10), Wylie East High School (GreatSchools Rating 7/10), Community High School (GreatSchools Rating 5/10), Achieve Academy (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $87 (source: MLS/based on county public records data).
The property at 7022 County Road 487 has 1 bedroom and 1 bathroom.
The property 7022 County Road 487 is 900 SqFt (source: MLS/tax record).
The year of construction for 7022 County Road 487 is 2004.
This home is located at 7022 County Road 487 in Nevada, TX and zip code 75173. This 900 square foot home, which was built in 2004, sits on a 9.65 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $775,000.
The number of listings in Nevada, TX increased by 7.3% between May and June 2025. In June 2025 median list price was $416,995 and the average listing age was 106 days.
From Rocket Homes Real Estate and based on county public records data.