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$289,000

NAL Estimated Property Value

1008 Chestnut Dr, Lavon, TX, 75166

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,831 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.47 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size8,843 sqft

Building Information

Year Built2025
Stories1
Garage Spaces2

Land Information

APNR-13492-0CC-0020-1
Lot Number2
SubdivisionTrails Of Lavon
Land UseResidential Single Family
Legal DescriptionTRAILS OF LAVON PHASE 3 (CLA), BLK CC, LOT 2
Census Tract031202
Assessed Land Value$60,030
Assessment Year2025

About this property

Be the first to live in this brand new, energy efficient home set on a desirable corner lot with open green space in front and to the right. Plus only one neighbor to the left providing rare privacy. Inside, you’ll find an open concept layout with modern finishes, a bright kitchen, and a versatile flex space ideal for a study, playroom, or home office. Appliances include a new refrigerator, washer, dryer, all ready for move in convenience. Located near Lavon Lake and Lake Ray Hubbard, with easy access to shopping, dining, and major highways. Enjoy resort style living with community pool & cabanas, playgrounds, and outdoor recreation the perfect blend of lake life and city convenience!

Investor Tools

Property Icon
$289,000
Estimated Property Value
$219,413Estimated Mortgage Balance
$69,587Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$60,030
2025
$60,030
N/A
$60,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$60,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$221,671
No
First
Oct 10, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,413
$69,587
24%
76%
$1,330/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$1,980/mo
+$870/mo
11.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lavon

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1008 Chestnut Dr | Property Details | No Agent List