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    309 West St Nevada, TX 75173

    For Sale
    $3,001,050

    Improved Land - Nevada, TX

    Lot size:
    46.17 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 10 at 9:06 am

    Property Features for 309 West St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1290043
    Lot size
    46.17 Acres

    Building Details

    Year built
    1995
    Architectural style
    Other

    Monument Realty (214) 705-7827 [email protected]

    Listing agent Robyn Lehrman (214) 705-7827 License #0729262

    Listing date Nov 19, 2025

    MLS# 21024788 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

    Development Land in Growing Nevada

    Located on the outskirts of Nevada, Texas, this approximately 46.17-acre tract presents an opportunity for residential, build-to-rent, or mixed-use development. Situated within the City of Nevada’s ETJ, the property is not subject to city zoning restrictions, offering flexibility in planning for future annexation. The expansive, mostly level terrain allows for efficient site design. The land is located near Hwy 6 and FM 1138, and minutes from Highway 78, providing access to Wylie, Lavon, and Farmersville. Its proximity to the future Collin County Outer Loop places it along the path of progress. Nevada is experiencing population increases and housing demand. An adjacent approximately 55-acre tract is also available, offering a combined approximately 101-acre assemblage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Hair Salon Clothing Store Hotel & Motel Pharmacy Auto Parts Store Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Collin
    State
    Texas
    Longitude
    -96.378804
    Latitude
    33.037623

    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 - 46.17 acres ideal for residential or mixed-use development.
    Where is this land located?
    The property is located at 309 West St Nevada, TX.
    What is the asking price?
    The asking price for this property is $3,001,050.
    What are key features of this property?
    This property features: - Large ±46.17-acre tract suitable for residential, build-to-rent, or mixed-use development.; - Located within the City of Nevada's ETJ, offering flexibility due to the absence of city zoning restrictions and potential for future annexation.; - Positioned in Nevada, Texas, one of Collin County's fastest-growing communities, indicating strong growth potential.
    (214) 705-7827
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    Nevada, TX 75173
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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
    309 West St Nevada, TX 75173
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