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$350,000

487 Eisenhower Lane, Lavon, TX, 75166

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,907 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.4 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APNR-9095-00C-0300-1
Lot Number30
SubdivisionHeritage East A Phase 1 Addition (Cla)
Land UseResidential
Legal DescriptionHERITAGE EAST A PHASE 1 ADDITION (CLA), BLK C, LOT 30
Census Tract031202
Assessed Land Value$80,000
Assessed Improvement Value$266,425
Assessment Year2025

About this property

Immaculate 2 story home in Heritage East. This move-in ready home is just minutes from Lake Lavon & numerous outdoor activities! The home has undergone multiple updates over the last 2 years including updated baths, granite kitchen counters, full HVAC replacement, and a brand new fence! Bright & open floor plan with multiple living areas, spacious kitchen layout, & neutral color tone throughout. Large first floor master suite with updated bathroom! Over-sized upstairs bonus area is perfect for a media room or play area. The fully fenced backyard includes a generous patio and pergola creating a perfect place to enjoy relaxing with the family or entertaining friends!

Investor Tools

Property Icon
$348,000
Estimated Property Value
$0Estimated Mortgage Balance
$12,588Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,527
$346,425
2025
$80,000
$266,425
$346,425
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,527
$346,425

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$353,479
Yes
First
Nov 24, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$335,412
$12,588
3%
96%
$2,199/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$2,399/mo
+$1,311/mo
12.8%

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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