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703 Liberty Ln, Nevada, TX, 75173

5beds
5baths
4,079sqft
$1,050,000
$257price/sqft
$8,069/moest. monthly cost
$322,760/yrincome needed

About This Home

CUSTOM HOME TO BE BUILT! Experience elevated country living in this modern custom home set on a full acre in Lexington Heights. Designed with both style and function in mind, this open-concept home features soaring vaulted ceilings and thoughtfully curated finishes throughout. Unwind in the private primary retreat with a spa-like bath, complete with a freestanding soaking tub, dual vanities, and a spacious walk-in shower. Enjoy the freedom of no HOA and the flexibility to create your ideal outdoor space—add a shop, guest house, or more. A rare opportunity to own your dream home in one of Nevada’s most sought-after acreage communities.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
4/10
5/10
Community High SchoolGrades 9-120.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Cooktop,Disposal,Microwave
  • Laundry features: Dryer Hookup,ElectricDryer Hookup,Laundry in Utility Room

Bedroom

  • Level: First
  • Dimensions: 13 x 12

Bedroom

  • Level: First
  • Dimensions: 15 x 12

Bedroom

  • Level: First
  • Dimensions: 12 x 13

Bedroom

  • Level: First
  • Dimensions: 15 x 13

Bedroom

  • Level: First
  • Dimensions: 12 x 13

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 18 x 15

Features

  • Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Granite Counters,High Speed Internet,Open Floorplan,Pantry,Cable TV,Vaulted Ceiling(s),Walk-In Closet(s)
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,079 sqft

Living Room

  • Features: Ceiling Fan(s),Fireplace
  • Level: First
  • Dimensions: 21 x 23

Master Bedroom

  • Features: Ceiling Fan(s),Dual Sinks,En Suite Bathroom,Jetted Tub,Walk-In Closet(s)
  • Level: First
  • Dimensions: 17 x 16

Media Room

  • Level: First
  • Dimensions: 17 x 16

Office

  • Level: First
  • Dimensions: 10 x 12

Utility Room

  • Features: Built-in Features,Utility Room,Utility Sink
  • Level: First
  • Dimensions: 11 x 9

Property

Details

  • Parcel number: R1256900B01601

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Lighting,Rain Gutters

Lot

  • Lot size: 1.00 Acres
  • Features: Interior Lot,Subdivision,Sprinkler System

Parking

  • Total spaces: 6
  • Parking features: Enclosed,Garage Faces Front,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Carport: Yes
  • Carport spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,309$63,708
Home Insurance *$866$10,392
Property Taxes $1,447$17,364
Electricity $447$5,374
Total$8,069$96,828
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$276,651/yr
40% on housing$242,070/yr
45% on housing$215,173/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$257This listing

vs Other Active Listings

Avg $/sqft

ZIP 75173$151
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75173$159
Collin County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-27Listed for sale$1,050,000
2025-10-27Sold--
2025-10-22Pending sale$200,000
2024-10-10Price change$200,000
2024-08-08Price change$180,000
2024-05-30Listed for sale$165,000
2024-03-29Pending sale$165,000
2023-05-18Listed for sale$165,000
2023-04-06Listing removed--
2022-09-15Listing removed$165,000
2022-08-25Listed for sale$165,000

New Construction

AgentJanie Nieto
BrokerageColdwell Banker Apex, REALTORS

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