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$509,656

NAL Estimated Property Value

1230 Lake Rd, Lavon, TX, 75166

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,206 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.72 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size1.41 acres

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APNR-6740-001-1450-1
Lot Number145
SubdivisionS M Rainer Survey
Land UseResidential
Legal DescriptionABS A0740 S M RAINER SURVEY, SHEET 1, TRACT 145, 1.4056 ACRES
Census Tract031201
Assessed Land Value$168,672
Assessed Improvement Value$340,984
Assessment Year2025

About this property

Experience the perfect blend of country living and convenient access to city amenities with this beautifully maintained 3-bedroom, 3-bathroom home featuring a dedicated office (or optional 4th bedroom), a spacious 4-car garage, workshop with electricity, and abundant outdoor features. Ideally located just minutes from Rockwall and directly across the street from Lavonia Park and Lake Lavon, this property offers year-round recreation with swimming, boating, fishing, and camping less than a mile from a public boat ramp. The interior boasts vaulted ceilings, custom built-in cabinetry, fresh paint, and an open-concept living space. The expansive primary suite includes a walk-through closet, a jetted tub, hi-lo double vanities, and handicap-accessible features throughout all bathrooms. Step outside to enjoy a stamped concrete back patio perfect for outdoor entertaining, mature pecan trees that produce annually, and a separate outbuilding ideal for storing a mower, side-by-side, or golf cart. An additional 3-car carport provides extra covered parking. This property is a rare find with space, functionality, and location—schedule your showing today!

Investor Tools

Property Icon
$509,656
Estimated Property Value
$207,861Estimated Mortgage Balance
$301,795Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$785/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,867
$509,656
2025
$168,672
$340,984
$509,656
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,867
$509,656

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Conventional
$210,000
No
First
Oct 31, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,861
$301,795
59%
41%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$1,260/mo
+$2,450/mo
8.7%

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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1230 Lake Rd | Property Details | No Agent List