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$902,142

11001 Morgan Dr, Lavon, TX, 75166

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,411 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.9 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size5.02 acres

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2410-00A-0730-1
Lot Number73
SubdivisionMeadow Creek Estates (Gcn)
Land UseResidential
Legal DescriptionMEADOW CREEK ESTATES (GCN), BLK A, LOT 73
Census Tract031202
Assessed Land Value$401,760
Assessed Improvement Value$500,382
Assessment Year2025

About this property

5 ACRES in Lavon! Great opportunity to purchase a fenced in property with a shop and feed sheds. Bring your own imagination for remodeling this large home into your dream estate, windows are adorned with plantation shutters. There is a private half bath in the garage for use during pool time. The home and acreage sit on the end of a cul-de-sac which gives great privacy. Future subdivisions are planned, offering value to the surrounding areas. Call today to set up your an appointment.

Investor Tools

Property Icon
$902,142
Estimated Property Value
$276,000Estimated Mortgage Balance
$613,366Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,413 /month
Positive
Cash Flow Estimate:
$1,804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$915/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,465
$902,142
2025
$401,760
$500,382
$902,142
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,465
$902,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Home Loans Llc
Conventional
$276,000
No
First
Apr 27, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,776
$613,366
67%
32%
$1,865/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$1,865/mo
+$1,845/mo
4.9%

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.

Explore Texas Explore This Area
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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11001 Morgan Dr | Property Details | No Agent List