1view

$395,000

547 Svenson Lane, Lavon, TX, 75166

Off Market

4 Beds

2 Bath

2,041 Sq Ft

Single Family Residence

$193.53 / sqft

Built in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,970 sqft

Building Information

Year Built2021

Stories1

Garage Spaces2

Land Information

APNR-12124-00A-0130-1

Lot Number13

SubdivisionTraditions At Grand Heritage, Phase 2 (C

Land UseResidential

Legal DescriptionTRADITIONS AT GRAND HERITAGE, PHASE 2 (CLA), BLK A, LOT 13

Census Tract031202

Assessed Land Value$100,000

Assessed Improvement Value$265,263

Assessment Year2025

About this property

SELLER GIVING $5,000 to buyer for rate buy down with reasonable offer! Located on an oversize d lot in the Traditions at Grand Heritage addition, you'll find this beautiful home offering 4 bedroom, 2 bathrooms and study. This is the Classic package, Bloomfield Cypress I floorplan. Loaded with upgrades. Gorgeous kitchen boasts stainless appliances, granite counters with beautiful upgraded subway tile back splash. Split, open floor plan. Kitchen opens to the living area. Master ensuite is breathtaking with dual sinks, garden tub and separate shower. Large walk in closet. Secondary bedrooms are generous sized. Study is finished out with French doors! Living room and back patio are wired for surround sound and outdoor entertainment. Upgraded lighting fixtures inside and out, upgraded front entry door. Grand Heritage community enjoys resort style pool, water play area, lap pool, clubhouse, exercise room, playground and walking trails. Don't miss this stellar deal! Home was built in 2022.

Investor Tools

$365,263

Estimated Property Value

$0Estimated Mortgage Balance

$86,758Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,370 /month

Positive

Cash Flow Estimate:

$790 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$733/month

$200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,965

$365,263

2025

$100,000

$265,263

$365,263

Tax History

Year

Tax Paid

Assessed Value

2024

$6,965

$365,263

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Link

Conventional

$296,250

First

Feb 3, 2023

Mar 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$278,505

$86,758

23%

76%

$1,777/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,710/mo

$1,977/mo

+$1,733/mo

12.2%

Learn About the Market: Opportunity in Texas

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.

Explore This Area