Date
Details
Price
Change
Source
2/26/2026
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$575,000 Just Listed
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Property Description
Beautiful home on a one acre estate lot with a 24x30 shop in the sought after Nevada Lakes neighborhood. 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~
Full Property Details
Full Property Details for 505 Water Fall Ln
General
- Price: $575,000
- Taxes: $8,709
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21189355
- Updated: Today (2/26/2026)
- Added to Site: Today
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Granite Counters, Kitchen Island, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Insert, Glass Doors, Stone, Wood Burning
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave
- Flooring: Carpet, Ceramic Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry in Utility Room
Exterior
- Exterior Features: Outdoor Grill
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Concrete, Garage
Location
- County: Collin
- Subdivision: Nevada Lakes Ph II
- Driving Directions: Nevada Lakes
School Information
- Elem School District: Community ISD
- Midd School District: Community ISD
- High School District: Community ISD
- Elementary School: Mcclendon
- Middle School: Leland Edge
- High School: Community
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Aerobic Septic
- Utility Description: Electricity Available, Electricity Connected, Septic Available, Separate Meters, Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 2,474 Sq. Ft.
- Year Built: 2015
Additional Structures
- Other Structures: Outbuilding
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,560
- Lot Features: Acreage, Few Trees
- Fencing (Description): Chain Link
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tax Amount: $8,709
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: NEVADA LAKES PHASE II (CNV), LOT 55
- Property ID: R957000005501
- Lot Number: 55
Listed by Coldwell Banker Apex, REALTORS, Brigitte Barkley
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 505 Water Fall Ln —
Brigitte Barkley
Coldwell Banker Apex, REALTORS
972-467-1892
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 505 Water Fall Ln
School District:Community Independent School District
| Name | Grades | Distance |
|---|---|---|
Mcclendon Elementary School 601 Fm 1138 N, Nevada, TX 75173 | PK-5 | 1.4 mi |
Leland E Edge Middle School 615 Fm 1138 N, Nevada, TX 75173 | 6-8 | 1.4 mi |
Community High School 440 North Farm To Market 1138, Nevada, TX 75173 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 Water Fall Ln
Tax History
Tax History for 505 Water Fall Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,413
4%
$524,720
-3%
2023
$7,113
-6%
$542,297
-2%
2022
$7,531
—
$551,269
12%
2022
$7,531
4%
$492,430
27%
2021
$7,275
9%
$388,571
5%
2020
$6,670
-1%
$371,300
10%
2019
$6,735
4%
$336,120
10%
2018
$6,451
12%
$305,564
10%
2017
$5,784
1%
$277,785
2%
2016
$5,717
1239%
$271,477
1257%
2015
$427
6%
$20,000
5%
2014
$403
20050%
$19,000
18347%
2013
$2
—
$103
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 Water Fall Ln
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505 Water Fall Lane, Nevada, TX 75173 (MLS# 21189355) is a Single Family property with 4 bedrooms and 3 full bathrooms. 505 Water Fall Lane is currently listed for $575,000 and was received on February 26, 2026. Want to learn more about 505 Water Fall Lane? Do you have questions about finding other Single Family real estate for sale in Nevada? You can browse all Nevada real estate or contact a Coldwell Banker agent to request more information.