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$465,500

$479,900

357 and 359 Orbit Drive, Lavon, TX, 75166

Under ContractInfo
Price DropInfo
Beds6 Beds
Baths4 Bath
DuplexDuplex
Year BuiltBuilt in 2013

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Electric Range
FlooringCarpet, Tile

Building Information

Garage Spaces1

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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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,793 /month
Positive
Cash Flow Estimate:
$931 /month

Interested in this property?

Erion Shehaj

Signature Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$1,152/month
5.947%

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.

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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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357 and 359 Orbit Drive | Property Details | No Agent List