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$349,990

$354,990

733 Merry Summit Road, Lavon, TX, 75166

$388,903 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,184 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.25 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Garage Spaces2

Land Information

APNR-13034-00E-0050-1
Lot Number5
SubdivisionElevon
Land UseVacant Residential Lots In City Under 5 Acres
Legal DescriptionELEVON SECTION 2 PHASE 2B-1 (CLA), BLK E, LOT 5
Census Tract031201
Assessed Land Value$63,000
Assessment Year2025

About this property

Built by M-I Homes. Welcome to 733 Merry Summit Road in Lavon, Texas — a beautifully designed new construction home built by M-I Homes. This single-story home offers a thoughtfully planned living space, featuring 4 bedrooms and 3 bathrooms. Step inside to discover an open-concept living space that creates a seamless flow between the main gathering areas. The quality of design is evident throughout, from the well-appointed kitchen to the generous living areas that make everyday living both comfortable and functional. The owner's bedroom features a private en-suite bathroom, providing a peaceful retreat at the end of the day. Outside, a covered patio extends your living space and offers an ideal setting for relaxing or entertaining guests in any season. Key Features: New construction by M-I Homes 4 bedrooms and 3 bathrooms Open-concept living space Owner's bedroom with private en-suite bathroom Covered patio for outdoor enjoyment Move-in ready with quality finishes throughout This home is nestled in a welcoming neighborhood with convenient proximity to parks, making it an excellent choice for those who value outdoor recreation and a friendly surrounding area. The careful attention to design and construction quality ensures a home that is both stylish and built to last. Schedule your visit today!

Investor Tools

$0Estimated Mortgage Balance
$326,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$388,903
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Robert Powley

Escape Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$470/month
$155/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,009
$63,000
2025
$63,000
N/A
$63,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,009
$63,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$326,000
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.

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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733 Merry Summit Road | Property Details | No Agent List