14340 County Road 550 Road

Farmersville, TX
$ 884,950 Beds 3 Baths 2 Sq 2,819 Virtual Tour
Monthly Estimate* How much can I afford?

ONE-OF-A-KIND LAKE LAVON PROPERTY ON 10.149 ACRES! Discover the rare opportunity to own a beautifully updated property offering privacy, acreage, incredible lake views, and multiple living options. This unique estate features a 2,115 sq. ft. main home plus a 704 sq. ft. fully updated guest house, creating exceptional flexibility for multi-generational living, a private MIL suite, guest accommodations, or potential rental income. Both homes have been thoughtfully updated and are move-in ready. The main residence offers comfortable living spaces and a screened-in porch where you can relax and take in peaceful views of Lake Lavon and adjoining U.S. Army Corps of Engineers land, providing a scenic backdrop and added sense of privacy. The expansive 10.149-acre property offers room to enjoy the outdoors, pursue agricultural uses, or simply embrace the tranquility of country living near the lake. The property currently benefits from an agricultural exemption. For boating and lake recreation, Lakeland Park is just down the street and offers a convenient boat ramp, making it easy to enjoy everything Lake Lavon has to offer. Opportunities like this are hard to find—updated homes, acreage, lake views, a versatile guest house, and convenient access to the water all in one property. Come experience the possibilities of this exceptional Lake Lavon retreat!

Active

  • Price
  • $ 884,950
  • City
  • Farmersville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • COLLIN
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 10.149 Acres
  • Zip
  • 75442
  • Sqr Footage
  • 2,819
  • Year Built
  • 1982
  • Taxes
  • $ 5064
  • Style
  • Traditional
  • MLS#
  • 21398352
Listed By: Local Pro Realty LLC
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Electric
Cooling Electric
Utilities Cable Available,Co-op Water
Possession Closing/Funding
Roof Composition
Appliances Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
Easements Access
current use Agricultural
Number of Garage Spaces 2
School District Farmersville ISD
Crops Non Irrigated
Year Built 1982
Architectural Style Traditional
Community Features Boat Ramp,Lake,Park
Levels One
AG Exemption Yes
Unexempt Taxes 5064
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Hezekiah Walters Surv
Possible Use Agricultural,Cattle,Horses,Hunting/Fishing
Transaction Type For Sale
Carport Spaces 1
County Collin
Property Type Residential
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Construction Materials Brick
Year Built Details Preowned
Accessory Unit Type Guest Quarters
Accessory Unit Y/N Yes
HOA Type None
Number Of Barns 1
Special Notes Aerial Photo,Utility Easement
Full Baths 2
Status Active
Directions Use GPS
City Farmersville
Elementary School Name Tatum
High School Farmersville
Elementary School Tatum
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21398352
Standard Status Active
Junior High School Farmersville
Listing Terms Cash,Conventional,Other

Interior Features

Interior Features Built-in Features,Eat-in Kitchen,Kitchen Island,Open Floorplan,Pantry,Vaulted Ceiling(s)
Flooring Luxury Vinyl Plank
Fireplace Features Blower Fan,Brick,Wood Burning
Fireplaces Total 1
Dining Areas 1
Living Areas 1
Room Count 8
Lock Box Type Supra
Total Bedrooms 3
Total Baths 2
Window Features Window Coverings
Laundry Features Electric Dryer Hookup,Utility Room,Full Size W/D Area,Stacked W/D Area,Dryer Hookup,Washer Hookup,On Site

Exterior Features

Exterior Features Covered Patio/Porch,Private Entrance
Lot Features Acreage,Water/Lake View
Fencing Barbed Wire,Cross Fenced
Garage Length 20
Garage Width 20
Horse Amenities Barn(s)
Other Structures Barn(s),Guest House
Parking Features Additional Parking,Attached Carport,Garage,Garage Door Opener,Garage Faces Side,Garage Single Door,Gravel
Lot Size 10 to < 50 Acres
Covered Spaces 2
Foundation Slab
Lot Size Area 10.1490
Lot Size Units Acres
Structural Style Single Detached
Garage Y/N Yes
Road Frontage Type County Road,Private Road
Lot Size Square Feet 442090.4400
Lot Size Acres 10.1490
Road Surface Type Gravel
Patio And Porch Features Covered,Screened
Attached Garage Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Weatherford, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Tatum Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

10/7/2026 Listed $925,000
11/6/2026 5% - $884,950

Property vs Zip Code Average in 75442

Price
AVG $440K
$880K
Taxes
AVG $5,760
$5,064
Year Built
AVG 2013
1982
Visits
AVG 209
90
Data Provided by Inside Real Estate®

Areas That We Cover

14340 County Road 550 Road Farmersville, TX is a Single Family Home for sale at $884950 with 2819 sqft and a lot size of 10.149 Acres Acre(s). 14340 County Road 550 Road Farmersville has 3 bedrooms, 2 baths and was built in 1982. The property's zip code is 75442 which is in Farmersville, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.