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$644,200

NAL Estimated Property Value

11238 Mason Dr, Lavon, TX, 75166

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,689 Sq Ft
price_per_sqft$288.21 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Built In Gas Range, Dishwasher, Electric Water Heater, Microwave, Plumbed For Gas, Refrigerator, Vented Exhaust Fan
FlooringLuxury Vinyl Plank, Tile, Wood

Exterior

Exterior FeaturesLighting, Rain Gutters
Lot Size2.18 acres

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2410-00B-0090-1
Lot Number9,8
SubdivisionMeadow Creek Estates (Gcn)
Land UseResidential
Legal DescriptionMEADOW CREEK ESTATES (GCN), BLK B, LOT 9 & 8
Census Tract031202
Assessed Land Value$261,600
Assessed Improvement Value$382,600
Assessment Year2025

About this property

Price Improvement! This exceptional 3.27-acre enclave is a secluded sanctuary of outdoor inspiration. Large kitchen windows frame vibrant flowers & towering pines. Front bedroom-office has views of the pond with soothing waterfall & lighted fountain. Enjoy sites of turtles, frogs, birds & visiting wildlife. The back of the home features a wall of windows at the solarium & main bedroom. The back porch features a large Trex deck to enjoy the views of the seasonal creek & forest of trees. Saunter through the trails into the woods. Home interior is open, light & bright, featuring a recently updated kitchen complete with an industrial gas range & a French Country feel. Luxury vinyl plank flooring offers easy care & continues through most of the living spaces. With multiple decks & trails to take in the floral flourishes, birds, butterflies & the peace & quiet nature offers, this home can become your own private escape from the city or share it with others as a rentable retreat!

Investor Tools

Property Icon
$644,200
Estimated Property Value
$0Estimated Mortgage Balance
$644,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,779
$644,200
2025
$261,600
$382,600
$644,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,779
$644,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$644,200
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
N/A
+$2,850/mo
5.3%

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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11238 Mason Dr | Property Details | No Agent List