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$355,000

$365,000

215 Tallgrass Dr, Lavon, TX, 75166

$364,636 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,473 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.55 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,813 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-12006-00B-0060-1
Lot Number6
SubdivisionLavon Farms (Cla)
Land UseResidential
Legal DescriptionLAVON FARMS (CLA), BLK B, LOT 6
Census Tract031202
Assessed Land Value$108,000
Assessed Improvement Value$284,237
Assessment Year2025

About this property

This beautifully designed 4-bedroom, 2-bath home offers a fantastic floor plan and an oversized backyard, perfect for everyday living and entertaining. All bedrooms are conveniently located on the first floor, while the second level features a spacious game room or playroom that adds flexible living space. The oversized primary suite is a true retreat, complete with an ensuite bath featuring dual vanities, a large walk-in shower, and an impressive walk-in closet. The kitchen is a standout with double ovens, a large island, and a custom-built oversized pantry—ideal for cooking and hosting. Secondary bedrooms are thoughtfully separated from the primary suite, offering added privacy. Step outside to enjoy the covered patio and expansive backyard with plenty of room to play or relax. Situated at the end of a quiet cul-de-sac and just steps from walking trails and the greenbelt, this home combines comfort, space, and an unbeatable location.

Investor Tools

Property Icon
$392,237
Estimated Property Value
$307,915Estimated Mortgage Balance
$81,807Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$364,636
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,353 /month
Positive
Cash Flow Estimate:
$784 /month

Interested in this property?

Erin Burkart

Keller Williams Central

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,707
$392,237
2025
$108,000
$284,237
$392,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,707
$392,237

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$307,915
Yes
First
Dec 30, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,430
$81,807
20%
79%
$2,066/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$2,666/mo
+$184/mo
8.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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215 Tallgrass Dr | Property Details | No Agent List