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    490 N Greenville Rd Nevada, TX 75173

    Sponsored
    For Sale
    $800,000

    Unimproved Land - Nevada, TX

    Type:Unimproved Land
    Lot size:
    5.00 Acres
    Days on Market:
    166
    Last Refresh:
    Jan 6 at 11:06 pm

    Property Features for 490 N Greenville Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R608400001801
    Lot size
    5.00 Acres

    Building Details

    Architectural style
    Other

    Signature Real Estate Group (682) 551-8954

    Listing agent Sandeep Singh (682) 551-8954 License #0732423

    Listing date Jul 26, 2025

    MLS# 20995394 Listing URL

    Copyright © 2026 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

    5-Acre Land in Collin County

    This 5-acre property is located in the rapidly growing community of Josephine, Texas. The site consists of two contiguous parcels and includes a well-maintained mobile home and extensive storage structures. The property is directly across from the new John R. Godwin Elementary School. A new middle school is scheduled to break ground later this year. The land is suitable for personal use, leasing, or future redevelopment, offering potential for building, holding, or portfolio diversification.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Building Supply Wholesale Shop Auto Repair Shop Clothing Store Department Store Kitchen & Bath HVAC Service Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Nevada
    County
    Collin
    State
    Texas
    Longitude
    -96.308158
    Latitude
    33.073535

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      Nevada, TX Agricultural Property

      Agricultural property for sale in Nevada, Texas.
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    FAQs

    What type of property is this?
    Land - 5 acres in Josephine, TX, ideal for investment or development.
    Where is this land located?
    The property is located at 490 N Greenville Rd Nevada, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - 5-acre property in Josephine, Texas, offering significant potential for investors and developers.; - Located directly across from the new John R. Godwin Elementary School.; - New middle school scheduled to break ground later this year, increasing long-term value.
    (682) 551-8954
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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
    490 N Greenville Rd Nevada, TX 75173
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