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$355,000

498 Oak Creek Drive, Lavon, TX, 75166

$413,480 ARVInfo
PendingInfo
Beds5 Beds
Baths4 Bath
Baths2,937 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.87 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2022
Stories2
Garage Spaces2

Land Information

APNR-12526-00G-0260-1
Lot Number26
SubdivisionLakepointe Phase Iib (Cla)
Land UseResidential
Legal DescriptionLAKEPOINTE PHASE IIB (CLA), BLK G, LOT 26
Census Tract031201
Assessed Land Value$105,000
Assessed Improvement Value$334,807
Assessment Year2025

About this property

This beautifully maintained home offers the perfect blend of comfort, flexibility, and value—without the added costs and wait time that often come with new construction. The thoughtfully designed floor plan features spacious living areas, an open-concept kitchen, and plenty of natural light. A standout feature is the versatile upstairs retreat with its own full bathroom, making it ideal as a private bedroom, game room, media room, home office, guest suite, or whatever best fits your lifestyle. Step outside and enjoy one of the home's best locations in the neighborhood. A community playground is directly across the street, giving you a front-row view of outdoor fun, while the neighborhood pool, clubhouse, walking trails, and other amenities are just minutes away. Compared to nearby new builds, this home offers exceptional value. You'll enjoy a move-in-ready property in an established section of the community with no construction noise or waiting for completion. Plus, you'll avoid many of the additional builder expenses buyers often encounter, such as lot premiums, upgrade packages, landscaping, window treatments, fencing, and other post-closing costs. Whether you're looking for extra space to entertain, work from home, or accommodate guests, this flexible floor plan and prime location make this home a standout opportunity.

Investor Tools

$0Estimated Mortgage Balance
$439,807Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$413,480
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,639 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,137/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,442
$439,807
2025
$105,000
$334,807
$439,807
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,442
$439,807

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$439,807
100%
0%
$0/mo

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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498 Oak Creek Drive | Property Details | No Agent List