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NoAgentList RatingHow are grades calculated?Info
Days166Days on Market
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$280,000

612 Gracious Gln, Lavon, TX, 75166

$364,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,992 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.56 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size6,403 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12788-00E-0420-1
Lot Number42
SubdivisionElevon Phase 1a (Gcn)
Land UseResidential
Legal DescriptionELEVON PHASE 1A (GCN), BLK E, LOT 42
Census Tract031201
Assessed Land Value$76,000
Assessed Improvement Value$222,011
Assessment Year2025

About this property

Final Opportunity to get Instant Equity with this SPACIOUS 4-bedroom, 2.5-bath residence in Lavon, TX. Nestled on a large corner lot with access to nearby walking trails. Step inside to an inviting open-concept design that seamlessly connects the main living spaces. The expansive living room, offers the perfect setting for both relaxed evenings and lively gatherings. Adjacent is the large kitchen, boasting quartz countertops, a large island with seating, and ample cabinetry — a delightful environment for any occasion. The primary suite presents a serene retreat with ample space, featuring a walk-in closet and an en-suite bathroom. Three additional well-proportioned bedrooms provide flexibility for guest accommodations or home office needs all including walk-in closets. Outside, the sprawling backyard on a corner lot invites you to enjoy the peaceful surroundings. The neighborhood has been thoughtfully developed with two resort style pools, sports park with basketball and pickleball, two dog parks, two fishing ponds, splash pads, playgrounds, green spaces, miles of serene walking trails, and high speed internet all included in the HOA fee. Conveniently located in Lavon, this residence provides easy access to local amenities, schools, and major commuting routes while offering the serene feel of a suburban retreat. Make this exquisite property your new home and step into a lifestyle of comfort, convenience, and community. Vacant and easy to show, this well-located home offers an open floor plan, generous living spaces, and great potential for the next owner. Property is being sold as and is subject to lender approval. Additional time may be required for response. Bring your vision and make this home your own. Solar Panel lien to be paid off by buyer.

Investor Tools

$322,048Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$364,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

Interested in this property?

Jonny Bertrand

Coldwell Banker Apex, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$823/month
$155/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,392
$298,011
2025
$76,000
$222,011
$298,011
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,392
$298,011

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$340,213
Yes
First
Jun 27, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,048
N/A
0%
108%
$2,040/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$2,195/mo
+$1,515/mo
14.9%

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.

Explore Texas Explore This Area
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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612 Gracious Gln | Property Details | No Agent List