Date
Details
Price
Change
Source
2/24/2026
Listed
$481,000
—
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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1/27
$481,000
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1/27
Property Description
A rare investment property in a fast-growing part of Collin County. This former AT&T unique microwave equipment center building boasts 24" rhubarb concrete walls, 15' ceilings. Over 3,000 sq foot wide open space that can be designed for all uses. The power supply system has been newly updated by the latest tenant for crypto mining use (Total 3 EATON Panels, Model: PRL1a, each panel supports Phase 3 Wire 4, 208Y 120V, $10,000 worth of electrical cable are still available there). Already plumbed has electrical for kitchen, bathrooms, and office space. 1.4 acres of land, including fenced parking makes it very private and secure.
Full Property Details
Full Property Details for 550 S Fm 1138
General
- Price: $481,000
- Taxes: $8,862
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21189596
- Updated: 3/10/2026
- Added to Site: 38 day(s) ago
Business
- Business Type: Mixed
Interior
- Flooring: Concrete
Parking
- Garage: Yes
- Parking Features: Garage Faces Front, Garage, Oversized, Garage Faces Rear, Unassigned
Location
- County: Collin
- Subdivision: ABS A0312 J W FOOTE SURVEY, TRACT 1
- Driving Directions: Going East on FM 6, turn Right onto FM 1138. A little less then a mile down, the property is to your Left.
Heating & Cooling
- Cooling Type: None, Other
- Heating Type: None, Other
Utilities
- Utility Description: Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Concrete
- Roof: Concrete
- Stories/Levels: 1
- Square Feet: 3,136
- Sq. Ft. Source: Public Records
- Year Built: 1974
Lot Features
- Lot Size (Acres): 1.44
- Lot Size (Sq. Ft.): 62,726.4
- Lot Size Source: Public Records
- Potential Use: Other
- Zoning: J4
Financial Considerations
- Tax Amount: $8,862
- Tenant Pays: All Utilities, Grounds Care, Other
Disclosures and Reports
- Legal Description: ABS A0312 J W FOOTE SURVEY, TRACT 1, 1.436 AC
- Exclusions: Tenant FF&E
- Inclusions: Business
- Property ID: R631200000101
Listed by U Property Management, Jay Fang
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Listing agent
— 550 S Fm 1138 —
Jay Fang
U Property Management
214-407-8907
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 550 S Fm 1138
School District:Community Independent School District
| Name | Grades | Distance |
|---|---|---|
Community High School 440 North Farm To Market 1138, Nevada, TX 75173 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 S Fm 1138
Tax History
Tax History for 550 S Fm 1138
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,419
3%
$500,000
1%
2023
$8,136
-8%
$495,000
10%
2022
$8,862
—
$450,000
-3%
2022
$8,862
276%
$464,771
289%
2021
$2,359
5%
$119,380
1%
2020
$2,257
-4%
$117,875
—
2019
$2,363
-6%
$117,925
—
2018
$2,501
3%
$118,477
2%
2017
$2,420
-1%
$116,219
—
2016
$2,447
-1%
$116,219
—
2015
$2,480
-1%
$116,219
-2%
2014
$2,514
—
$118,392
1%
2013
$2,507
—
$117,219
—
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 550 S Fm 1138
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550 S Fm 1138, Nevada, TX 75173 (MLS# 21189596) is a Business property. 550 S Fm 1138 is currently listed for $481,000 and was received on February 24, 2026. Want to learn more about 550 S Fm 1138? Do you have questions about finding other Business real estate for sale in Nevada? You can browse all Nevada real estate or contact a Coldwell Banker agent to request more information.