505 Water Fall Ln

Nevada, TX 75173

$525,000
Price
4
Beds
2,474 Sq. Ft.
$212 / Sq. Ft.
2,474
Sq. Ft.
$212
per Sq. Ft.
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Pending
Pending
a view of a large house with a large tree and wooden fence
an aerial view of a city with ocean view
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a view of a livingroom with a fireplace a ceiling fan and wooden floor
a view of livingroom with hardwood floor and ceiling fan
a view of a livingroom with wooden floor and a chandelier
a kitchen with stainless steel appliances granite countertop a refrigerator a stove and a sink
a kitchen with a sink a stove and cabinets
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a view of an empty room with wooden floor and a window
a view of an empty room with a window
a view of an empty room with a window
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a spacious bathroom with a double vanity sink large mirror and a bathtub
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an empty room with furniture wooden floor and window
a bathroom with a granite countertop sink toilet and mirror
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a front view of a house with a yard and garage
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Description

Nevada Lakes is such a great neighborhood and this is a great home at a great price~ Located on a one acre estate lot with a 24x30 shop. The home was built by Classic Homes and has a great floor plan with 2474 sq ft. with 4 bedrooms and 3 bathrooms ,a dining room plus a flex room with full bath that works great as a game room, home office, or in-law suite. You will love this kitchen, it has custom cabinets, granite countertops, center island and a roomy breakfast area. The family room has gorgeous...Nevada Lakes is such a great neighborhood and this is a great home at a great price~ Located on a one acre estate lot with a 24x30 shop. The home was built by Classic Homes and has a great floor plan with 2474 sq ft. with 4 bedrooms and 3 bathrooms ,a dining room plus a flex room with full bath that works great as a game room, home office, or in-law suite. You will love this kitchen, it has custom cabinets, granite countertops, center island and a roomy breakfast area. The family room has gorgeous hardwood floors, a stone fireplace and a wall of windows overlooking the backyard. Primary bedroom is tucked away offering privacy, the big primary bathroom has dual sinks and closets, a soaking tub and walk in shower. Enjoy peaceful country living and enjoy the covered front or back porch, ideal for relaxing and taking in the stunning views and Texas skies. The backyard is fenced, there is a sprinkler system and plenty of parking space. This is a wonderful property that will be a great place to call home. So much to love~~ Well built and well maintained home, great neighborhood, great lot, plus a great Community~
  1. Listed by Brigitte Barkley • TREC #0476972 • Coldwell Banker Apex, REALTORS • 972-467-1892

Property Details for 505 Water Fall Lane

Subdivision Name
Nevada Lakes Ph II
Architectural Style
Traditional
Structural Style
Single Detached
Pool
No
Garage Spaces
2
LISTING UPDATED: 04/28/2026 03:46 PM

Property Details for 505 Water Fall Lane

StatusPending
MLS #21189355
Days on Market67
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2015
Lot Size1.00 AC / 43,560 SF
CountyCollin County
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Location

Listing Courtesy of Coldwell Banker Apex, REALTORS, Brigitte Barkley
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Building Information for 505 Water Fall Lane

Stories1Year Built2015Building Size-Lot Size1.00 AC / 43,560 SF

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$3,234 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,616

Property Taxes

$618

HOA Dues

$0

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Property Information for 505 Water Fall Lane

Summary
Location and General Information
  • Directions: Nevada Lakes
  • Elementary School: Mcclendon
  • Elementary School Name: Mcclendon
  • High School: Community
  • High School Name: Community
  • Middle School: Leland Edge
  • Year Built Details: Preowned
  • School District: Community ISD
  • Geocode Confidence: High
  • Latitude: 33.05
  • Longitude: -96.39
  • State: Texas
Parking
  • Garage Length: 21
  • Garage Width: 20
  • Parking Features: Concrete, Garage
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 2
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: NEVADA LAKES PHASE II (CNV), LOT 55
  • Association Type: None
  • Tax Lot: 55
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Glass Doors, Insert, Stone, Wood Burning
  • Fireplaces Total: 1
  • Flooring: Carpet, Ceramic Tile, Wood
  • Heating: Central, Electric
  • Interior Features: Decorative Lighting, Granite Counters, Kitchen Island, Walk-In Closet(s)
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 2
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Laundry Features: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Washer Hookup
  • Living Area: 2474.0
  • Smart Home Features Appor Pass Y: No
  • Room and Floor: Living Room-1-1, Kitchen-1-1, Dining Room-1-1, Breakfast Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Bedroom-1-2, Bedroom-1-3, Game Room-1-1, Utility Room-1-1
Exterior Features
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch, Outdoor Grill
  • Fencing: Chain Link
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Room and Features: Living Room-1-1, Kitchen-1-1, Dining Room-1-1, Breakfast Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1, Bedroom-1-1, Bedroom-1-2, Bedroom-1-3, Game Room-1-1, Utility Room-1-1
  • Room List: Living Room, Kitchen, Dining Room, Breakfast Room, Bedroom-Primary, Master Bedroom, Bedroom, Game Room, Utility Room
  • Exterior Buildings: Outbuilding
  • Patio And Porch Features: Covered
  • Levels: One
Room 1
  • Room Dimensions: 9 x 10
  • Room Length: 9.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 10.00
Room 2
  • Room Dimensions: 14 x 18
  • Room Length: 14.00
  • Room Level: 1
  • Room Type: Game Room
  • Room Width: 18.00
Room 3
  • Room Dimensions: 9 x 6
  • Room Features: Built-in Cabinets, Separate Utility Room
  • Room Length: 9.00
  • Room Level: 1
  • Room Type: Utility Room
  • Room Width: 6.00
Room 4
  • Room Dimensions: 12 x 10
  • Room Length: 12.00
  • Room Level: 1
  • Room Type: Dining Room
  • Room Width: 10.00
Room 5
  • Room Dimensions: 11 x 11
  • Room Length: 11.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 11.00
Room 6
  • Room Dimensions: 14 x 11
  • Room Length: 14.00
  • Room Level: 1
  • Room Type: Breakfast Room
  • Room Width: 11.00
Room 7
  • Room Dimensions: 20 x 16
  • Room Features: Fireplace
  • Room Length: 20.00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: 16.00
Room 8
  • Room Dimensions: 13 x 14
  • Room Length: 13.00
  • Room Level: 1
  • Room Type: Bedroom
  • Room Width: 14.00
Room 9
  • Room Dimensions: 12 x 12
  • Room Features: Built-in Cabinets, Granite/Granite Type Countertop, Water Line to Refrigerator
  • Room Length: 12.00
  • Room Level: 1
  • Room Type: Kitchen
  • Room Width: 12.00
Room 10
  • Room Dimensions: 16 x 14
  • Room Features: Garden Tub, Separate Shower, Separate Vanities, Walk-in Closet(s)
  • Room Length: 16.00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: 14.00
Property
Utilities
  • Utilities: Aerobic Septic, Co-op Electric, Concrete, Electricity Connected, Individual Water Meter
Property and Assessments
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Restrictions: Deed
  • Property Match: APN
Lot Information
  • Lot Features: Acreage, Few Trees
  • Lot Size: 1 to < 3 Acres
  • Lot Size Acres: 1.0
  • Lot Size Area: 1.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 43560.0
  • Multi Parcel ID: No
  • Parcel Number: R957000005501
  • Soil Type: Black
  • Property Attached: No

Property History for 505 Water Fall Lane

DateEvent & SourcePriceAppreciation
Apr 28, 2026

Pending

NTREIS #21189355

—
Apr 14, 2026

Active Option Contract

NTREIS #21189355

—
Apr 8, 2026

Price Change

NTREIS #21189355

$525,000—
DateEvent & SourcePrice
04/28/2026

Pending

NTREIS #21189355

—
04/14/2026

Active Option Contract

NTREIS #21189355

—
04/08/2026

Price Change

NTREIS #21189355

$525,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Water Fall Lane

Taxable ValueLand$132,825Additions$391,895Total$524,720
Tax Record2024$7,413 ($618 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,474 SqFtAbove Grade Finished SqFt2,474 SqFtStories1Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built2015CountyCOLLINAPNR-9570-000-0550-1Fireplace TypeHas Fireplace

Schools near 505 Water Fall Lane

This home is within Community Independent School District.
Rating
School
Type
Grades
Distance
McClendon Elementary School
Public - PK to 5
Leland E Edge Middle School
Public - 6 to 8
Community High School
Public - 9 to 12
Braves Academy
Public - 3 to 11
Rating
School
Distance
McClendon Elementary School
PublicPK to 5

Leland E Edge Middle School
Public6 to 8

Community High School
Public9 to 12

Braves Academy
Public3 to 11

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker Apex, REALTORS, Brigitte Barkley

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 04/28/2026 03:46 PM