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$369,000

340 Misty Meadow Ln, Lavon, TX, 75166

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,351 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.95 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal

Exterior

Lot Size6,273 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNR-13081-00K-0220-1
Lot Number22
SubdivisionElevon
Land UseResidential Single Family
Legal DescriptionELEVON SECTION 2 PHASE 2D (CLA), BLK K, LOT 22
Census Tract031201
Assessed Land Value$110,000
Assessed Improvement Value$331,601
Assessment Year2025

About this property

Welcome to 340 Misty Meadow Lane, a beautifully finished home in Lavon offering the perfect blend of modern comfort, open living, and everyday functionality. This spacious 4-bedroom, 3-bath single-family residence offers approximately 2,351 square feet of living space and was built in 2023 Step inside to a bright, open-concept layout featuring wood-look flooring, high ceilings, and a great-room style kitchen designed for gathering. The kitchen offers light wood cabinetry, dark countertops, pendant lighting, a large island, gas cooktop, and a clean modern backsplash—creating a warm, contemporary feel that flows into the dining and living areas. The private primary suite provides a relaxing retreat with a spacious bedroom, large bathroom, soaking tub, separate shower, dual vanity areas, and generous natural light. Additional bedrooms provide flexibility for family, guests, a home office, playroom, or media space. The home also features a functional laundry room, multiple bathrooms, and a covered rear patio overlooking a fenced backyard.

Investor Tools

$449,625Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,650 /month
Positive
Cash Flow Estimate:
$883 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$703/month
$155/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,224
$441,601
2025
$110,000
$331,601
$441,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,224
$441,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$466,386
Yes
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,625
N/A
0%
102%
$2,797/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$2,952/mo
+$758/mo
10.1%

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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340 Misty Meadow Ln | Property Details | No Agent List