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$305,484

NAL Estimated Property Value

491 Grant Lane, Lavon, TX, 75166

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,689 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.42 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR-9095-00D-0300-1
Lot Number30
SubdivisionHeritage East A Phase 1 Addition (Cla)
Land UseResidential
Legal DescriptionHERITAGE EAST A PHASE 1 ADDITION (CLA), BLK D, LOT 30
Census Tract031202
Assessed Land Value$80,000
Assessed Improvement Value$225,484
Assessment Year2025

About this property

Welcome home to sought after Grand Heritage neighborhood. This single story home has a modern and open floor plan. Master suite is set away from secondary bedrooms. Chefs kitchen - granited counter tops, glass cooktop and suspended vent hood - opens to large family room and dining area. Large utility room with bench and coat rack. Amenities included ceramic tiled floors throughout house (excluding bedroom), upgraded backsplash, stainless steel appliances plus. Outdoors has a large covered patio with flagstone. Large grassy area in back yard for what ever your needs may be.

Investor Tools

Property Icon
$305,484
Estimated Property Value
$294,499Estimated Mortgage Balance
$10,985Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,255
$305,484
2025
$80,000
$225,484
$305,484
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,255
$305,484

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Absolute Mortgage & Lending
Conventional
$319,500
No
First
Mar 15, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,499
$10,985
3%
96%
$1,916/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$2,116/mo
+$734/mo
11.2%

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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491 Grant Lane | Property Details | No Agent List