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$334,900

11321 Morgan Drive, Lavon, TX, 75166

$435,370 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,919 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.73 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1 acre

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APNR-2410-00A-059B-1
Lot Number59B
SubdivisionMeadow Creek Estates (Gcn)
Land UseResidential
Legal DescriptionMEADOW CREEK ESTATES (GCN), BLK A, LOT 59B
Census Tract031202
Assessed Land Value$135,000
Assessed Improvement Value$343,102
Assessment Year2025

About this property

Country living without the long drive. This beautiful single story home sits on one acre of land backing trees with horse stables and a great attached shop that could be used for a home business or additional living space(not pictured). High ceilings and an abundance of windows flood this home with light. The island kitchen was just remodeled with granite and has tons of custom cabinets opening to a large living room with fireplace. Enjoy the sun room with great views of the backyard. The stable has 3 stalls, tack room and storage plus a nice pasture.

Investor Tools

Property Icon
$478,102
Estimated Property Value
$0Estimated Mortgage Balance
$169,445Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$435,370
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,869 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$602/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,838
$478,102
2025
$135,000
$343,102
$478,102
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,838
$478,102

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$338,000
No
First
Oct 29, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,657
$169,445
35%
65%
$2,027/mo

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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11321 Morgan Drive | Property Details | No Agent List