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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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14340 County Road 550 Rd , Farmersville, TX 75442
$925,000
Est. Payment: $5,120.08/mo
3 Bed
2 Bath
2819 Sqft
10.15 Acres
Status: active | Days on site: 3
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House Description

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!

Highlights

Listed by Lori Clark , Local Pro Realty LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
10.15

Year Built

1982

County

Collin

Neighborhood

Hezekiah Walters Surv

School District

Farmersville ISD

Listing ID

21398352

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Air Cond:Electric
Fireplaces:Blower Fan,Brick,Wood Burning
Floor:Luxury Vinyl Plank
Other:
  • ▪ Additional:Built-in Features, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), ADU, Master on Main

Exterior Features

Lot:Acreage,Water/Lake View,10 to < 50 Acres
Roof:Composition
Others:
  • ▪ Additional:Covered Patio/Porch, Private Entrance, Preowned
Parking Features:Additional Parking,Attached Carport,Garage,Garage Door Opener,Garage Faces Side,Garage Single Door,Gravel
Principal Interest
$5,120
Taxes
$422

Home Price

$925,000

Loan Details

30 yrs
7.393%

Down Payment

20%
$185,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,120.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,120.08 $422.00 $0.00 $5,542.08
Yearly $61,440.93 $5,064.00 $0.00 $66,504.93
Total $1,843,227.82 $151,920.00 $0.00 $1,995,147.82

Today's Rates

30 Year

7.39%

20 Year

7.2%

15 Year

6.63%

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Market insight data is pulled from the same city as the listing being viewed (Farmersville, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-10T16:04:52.320Z

© 2026 North Texas Real Estate Information Systems