14340 County Road 550 Road
Farmersville, TX 75442
$925,000
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!
| Listing Id: | 21398352 |
|---|---|
| List Price: | $925,000 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Living Area: | 2,819 |
| Unexempt Taxes: | $5,064 |
| Lot Size Square Feet: | 442,090.4400 |
| Lot Size Acres: | 10.149 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Farmersville |
| County Or Parish: | Collin |
| Subdivision Name: | Hezekiah Walters Surv |
| Postal Code: | 75442 |
| Year Built: | 1982 |
| Accessibility Features Yn: | No |
| Accessory Unit Sf: | 704 |
| Accessory Unit Type: | Guest Quarters |
| Accessory Unit?: | Yes |
| AG Exemption?: | Yes |
| Appliances: | Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater |
| Association Type: | None |
| Attached Garage?: | Yes |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 2.00 |
| Bathrooms Total Integer: | 2 |
| Carport Spaces: | 1 |
| Community Features: | Boat Ramp, Lake, Park |
| Consent for Visitors to Record: | Audio, Video |
| Construction Materials: | Brick |
| Cooling: | Electric |
| Covered Spaces: | 2 |
| Crops: | Non Irrigated |
| Current Use: | Agricultural |
| Directions: | Use GPS |
| Dock Permitted?: | No |
| Easements: | Access |
| Elementary School: | Tatum |
| Elementary School Name: | Tatum |
| Exterior Features: | Covered Patio/Porch, Private Entrance |
| Fencing: | Barbed Wire, Cross Fenced |
| Fireplace Features: | Blower Fan, Brick, Wood Burning |
| Fireplaces Total: | 1 |
| Flooring: | Luxury Vinyl Plank |
| Foundation Details: | Slab |
| Garage Length: | 20 |
| Garage Spaces: | 2 |
| Garage Width: | 20 |
| Garage?: | Yes |
| Heating: | Electric |
| High School Name: | Farmersville |
| Horse Amenities: | Barn(s) |
| Horse Permitted Yn: | Yes |
| Interior Features: | Built-in Features, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s) |
| Junior High School Name: | Farmersville |
| Lake Pump Yn: | No |
| Laundry Features: | Electric Dryer Hookup, Utility Room, Full Size W/D Area, Stacked W/D Area, Dryer Hookup, Washer Hookup, On Site |
| Levels: | One |
| Listing Terms: | Cash, Conventional, Other |
| Room Count: | 8 |
| Lot Features: | Acreage, Water/Lake View |
| Lot Size: | 10 to < 50 Acres |
| Lot Size Area: | 10.1490 |
| Lot Size Units: | Acres |
| Multi Parcel ID: | Yes |
| Municipal Utility District?: | No |
| Notice Surveillance Devices Pres: | Audio, Video |
| Number Of Barns: | 1 |
| Number Of Dining Areas: | 1 |
| Number Of Living Areas: | 1 |
| Number Of Parking Spaces: | 2 |
| Other Structures: | Barn(s), Guest House |
| Parking Features: | Additional Parking, Attached Carport, Garage, Garage Door Opener, Garage Faces Side, Garage Single Door, Gravel |
| Patio And Porch Features: | Covered, Screened |
| Pool?: | No |
| Possession: | Closing/Funding |
| Possible Use: | Agricultural, Cattle, Horses, Hunting/Fishing |
| Postal Code Plus 4: | 7034 |
| Property Attached?: | No |
| Road Frontage Type: | County Road, Private Road |
| Road Surface Type: | Gravel |
| Roof: | Composition |
| School District: | Farmersville ISD |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector(s) |
| Senior Community Yn: | No |
| Smart Home Features Appor Pass Y: | 1 |
| Special Taxing Entities: | 0 |
| Structural Style: | Single Detached |
| Transaction Type: | For Sale |
| Utilities: | Cable Available, Co-op Water |
| Waterbody Name: | Lavon |
| Will Subdivide: | No |
| Window Features: | Window Coverings |
| Year Built Details: | Preowned |
Listing Courtesy of: Local Pro Realty LLC
Listing Agent: Lori Clark
469-993-3121
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North Texas Real Estate Information Systems, Inc. data last updated on October 08, 2026 05:55 PM - CT
Property Last Updated: October 08, 2026 05:55 PM - CT
