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$362,000

1063 Meadow Hill Drive, Lavon, TX, 75166

$463,897 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,658 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.19 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Stone, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size37,812 sqft

Building Information

Year Built2006
Stories1
Garage Spaces3

Land Information

APNR-8637-00A-0220-1
Lot Number22
SubdivisionBently Farms Phase Three (Cla)
Land UseResidential
Legal DescriptionBENTLY FARMS PHASE THREE (CLA), BLK A, LOT 22
Census Tract031201
Assessed Land Value$143,000
Assessed Improvement Value$394,117
Assessment Year2025

About this property

Beautiful 1-Story on 0.868 Acres in Bently Farms. 5 Bedrooms and 3 Bathrooms. Over Sized 3-Car Garage with Epoxy Floors. No HOA. Open Floor Plan with Wood Floors, 10' Ceilings and Gorgeous Stone Fireplace. Kitchen has Granite Countertops and Travertine Floors. Master Bathroom has Dual Sinks, Separate Shower and Walk-In Closet. Large Guest Bedrooms. 5th Bedroom could be used as a Study. Large Utility Room with Built-In Cabinets, Closet and room for a freezer. Covered Patio and Front Porch. Huge Backyard with Kids Playset and Tree Line. Water Filtration System for entire House. HVAC 2016. Roof 2016. Lot next door is also available for sale with the house.

Investor Tools

Property Icon
$537,117
Estimated Property Value
$0Estimated Mortgage Balance
$537,117Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$463,897
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,223 /month
Positive
Cash Flow Estimate:
$1,074 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$728/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,053
$537,117
2025
$143,000
$394,117
$537,117
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,053
$537,117

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$537,117
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
N/A
+$3,710/mo
8.3%

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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1063 Meadow Hill Drive | Property Details | No Agent List