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$321,971

518 Trevor Street, Lavon, TX, 75166

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,619 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$216.12 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Refrigerator, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,125 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNR-11082-00D-0050-1
Lot Number5
SubdivisionTraditions At Grand Heritage (Cla)
Land UseResidential
Legal DescriptionTRADITIONS AT GRAND HERITAGE (CLA), BLK D, LOT 5
Census Tract031202
Assessed Land Value$90,000
Assessed Improvement Value$231,971
Assessment Year2025

About this property

Scintillatingly new & chock-full of upgrades, this gorgeous Bloomfield family home, tucked away between Lake Ray Hubbard & Lake Lavon, is 10 minutes north of the booming Rockwall Square, with its cultural staples & small-town amenities. We cordially invite you to find a flaw; the owners have pampered & refined every square inch of it throughout its short life. You'll be taken aback by the open layout, the light & bright & airy atmosphere within the communal spaces & the intimacy of the guest & owners' quarters, prudently placed on opposite sides of the home. The expansive custom cedar patio covering provides a ton of refuge for anyone wanting to be outside, allowing for the interior to flow outside, seamlessly.

Investor Tools

Property Icon
$321,971
Estimated Property Value
$0Estimated Mortgage Balance
$80,447Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$599/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,583
$321,971
2025
$90,000
$231,971
$321,971
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,583
$321,971

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Mortgage Llc
Conventional
$263,000
No
First
Jan 25, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,524
$80,447
24%
75%
$1,577/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$1,777/mo
+$1,073/mo
10.6%

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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518 Trevor Street | Property Details | No Agent List