




$465,500
$479,900
357 and 359 Orbit Drive, Lavon, TX, 75166
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About this property
50% Leased! Don't miss this incredible opportunity to own and investment at the same time in the desirable Grand Heritage Subdivision. The property has a strong history of rental occupancy. Both units, each offering 1,268 sqft of living space. The lease for unit 357 expires on June 30, making this property a perfect candidate for a buyer who wants to live on one side and rent out the other. Each unit features a spacious floor plan with 3 bedrooms, 2 full bathrooms, a desirable layout, wood-look tile, upgraded fixtures, tile kitchen countertops and backsplash, and desirable amenities like a tandem front-entry garage, decorative lighting, and a separate utility room large enough to fit a full-size washer and dryer. Residents and tenants will also enjoy the oversized fenced backyard, sprinkler system, and covered porches. The community itself is packed with perks, including a clubhouse, large community pool, splash pad, fitness center, business center, jogging paths, and playgrounds. Community is close to Lavonia Park with access to Lake Lavon.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Lavon
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