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    1065 County Road 642 Nevada, TX 75173

    For Sale
    $875,000

    Improved Land - Nevada, TX

    Lot size:
    9.72 Acres
    Days on Market:
    291
    Last Refresh:
    Dec 10 at 5:06 pm

    Property Features for 1065 County Road 642

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    R432400000101
    Lot size
    9.72 Acres

    Building Details

    Year built
    1999
    Architectural style
    Other

    Barclay Real Estate Group (972) 839-7793

    Listing agent Michael Lorra (972) 839-7793 License #0496555

    Listing date Feb 23, 2025

    MLS# 20712137 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    9.7 Acres Improved Land

    This property presents a unique opportunity to own almost 10 acres with substantial road frontage on both FM 547 and CR 642. Located within the extraterritorial jurisdiction of Josephine, but in an unincorporated area, the property offers various possibilities. It is suitable for real estate investment, renovation of existing structures (offered as-is), new construction, or redevelopment. This property provides an opportunity to invest in a rapidly growing area. The lot size is approximately 9.715 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Gym & Fitness Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Collin
    State
    Texas
    Longitude
    -96.329251
    Latitude
    33.078494

    Nearby Similar for Sale

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    • $2,399,900

      Nevada, TX Agricultural Property

      Agricultural property for sale in Nevada, Texas.
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    FAQs

    What type of property is this?
    Land - 9.7 acres of land with road frontage in Nevada, TX.
    Where is this land located?
    The property is located at 1065 County Road 642 Nevada, TX.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: - Large 10-acre property offering ample space and potential.; - Dual road frontage on FM 547 and CR 642 providing excellent accessibility.; - Located within the extraterritorial jurisdiction (ETJ) of Josephine, but in an unincorporated area.
    (972) 839-7793
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1065 County Road 642 Nevada, TX 75173
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