Nearly 7 acres on a highly accessible corner lot in Eastern Collin County! These two tracts, the larger of which outside city limits in the county, are currently ag exempt & offers the potential a wide variety of future uses in addition to the current single family homesite. Tucked between Highway 66 and FM 6, frontage along FM 1138 is highly visible on what is quickly becoming the north-south corridor through this growing area. CR 541, also known as Watkins Road is a straight shot west to Highway 78 at Lavon. There is an existing large home on the property which could be renovated. The property is fenced and cross-fenced and features a hand-built pole barn and a metal garage with carport. The oversized garage is connected to the existing home via a breezeway. There is a large pond. Please note the two parcels, Property ID 1280848 and 1621560 on Collin CAD, both included in this sale.