10 Acres with Rental Income & Growth Potential – Nevada, TX Here’s a great chance to own 10 acres just off FM 1778, only 7 minutes to downtown Nevada and about 10 minutes to Lavon. The property comes with two mobile homes — the owner lives in one and the other is already rented. If both were leased, you’re looking at $2,400–$2,600 a month in rental income right away. There are new developments popping up within a 5-mile radius, so the growth potential is strong. Whether you keep it as a rental, hold the land for future value, or explore other options, this property has plenty of upside. This property is just 7 minutes away from school, shops, restaurants and lakes. No repairs will be done on the mobile homes.