




305 S Fm 1138, Nevada, TX, 75173
About This Home
Discover the potential of this charming 3-bedroom, 2-bathroom farmhouse-style home, nestled in the community of Nevada, TX. This property invites those with a vision to create their perfect homestead in this growing area. While the home requires some TLC, it promises a beautiful transformation into a dream home tailored to your taste & style. Stepping inside, you're greeted by an open floorplan that allows for flexibility in design & layout. The home features classic hardwood floors throughout that exude warmth & character. The kitchen & living spaces flow seamlessly, creating an ideal setting for entertainment & everyday living. Abundant natural light filters through every room, creating a bright & uplifting ambiance throughout the house. The primary bedroom offers a blank canvas for your personal retreat, while two additional bedrooms provide ample space for guests or the possibility of a home office or hobby room. Both bathrooms hold potential for customization & updating to suit your preferences. On the exterior, the quaint farmhouse charm is enhanced by a covered front porch, perfect for enjoying peaceful mornings or relaxing evenings. A large wooden deck extends the living space outdoors, ideal for private gatherings or simply savoring the setting. It’s important to note that the property does not have mechanical systems or appliances, offering a unique opportunity for buyers to tailor these aspects entirely to their specifications. This property presents a unique opportunity for those with a vision and desire to renovate & revive a home with great bones in a peaceful, rural type setting. Purchasers may use any lender they choose for the property purchase. However, the seller requires that all non-cash offers be pre-qualified by the NewRez Home Loan Division before negotiating the offer. Please be sure loan aligns with the condition of the property.
Getting Around
Schools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Laundry in Utility Room
Bedroom
- Level: First
- Dimensions: 12 x 10
Bedroom
- Level: First
- Dimensions: 10 x 10
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Open Floorplan
- Flooring: Hardwood
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total interior livable area: 1,603 sqft
Living Room
- Level: First
- Dimensions: 16 x 16
Master Bedroom
- Features: En Suite Bathroom
- Level: First
- Dimensions: 16 x 15
Property
Details
- Parcel number: R0950001025C1
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Deck,Covered
- Fencing: Wire
Lot
- Lot size: 0.51 Acres
- Features: Interior Lot
Parking
- Total spaces: 1
- Parking features: Gravel
- Covered spaces: 1
- Carport: Yes
- Carport spaces: 1
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
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $960 | $11,520 |
| Home Insurance * | $156 | $1,872 |
| Property Taxes | $256 | $3,072 |
| Electricity | $238 | $2,859 |
| Total | $1,610 | $19,320 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-28 | Listed for sale | $189,900 |
| 2026-05-06 | Listing removed | $279,000 |
| 2026-01-26 | Price change | $279,000 |
| 2025-12-09 | Listed for sale | $299,000 |
| 2022-09-06 | Sold | -- |
| 2022-08-18 | Pending sale | $169,999 |
| 2022-08-18 | Contingent | $169,999 |
| 2022-05-12 | Listed for sale | $169,999 |
For Sale by Agent
