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$386,000

NAL Estimated Property Value

744 Lightheart Ln, Lavon, TX, 75166

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,463 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,011 sqft

Building Information

Year Built2023
Stories2
Garage Spaces2

Land Information

APNR-12787-00R-0020-W
Lot Number2
SubdivisionElevon Phase 1b (Gcn)
Land UseResidential
Legal DescriptionELEVON PHASE 1B (GCN), BLK R, LOT 2; SEE R-12787-00R-0020-1 FOR OTHER ENTITIES SEE R-12787-00R-0020-1 FOR OTHER ENTITIES
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$105,222
Assessment Year2024

About this property

This beautiful two-story home available for lease combines style and functionality with thoughtful upgrades throughout. The living room features a contemporary staircase wrought iron railings creating a stunning first impression. The home offers two spacious bedrooms on the main floor and two additional bedrooms upstairs, providing plenty of room for family and guests. Upstairs, you'll also find a game room and a flexible space ideal for a homework area or extra storage. The open-concept kitchen is perfect for entertaining, featuring a large island, sleek LED lighting, and soaring ceilings that contribute to the home’s bright, open atmosphere. A wall of windows floods the living area with natural light, creating a warm and welcoming environment. Outside, the full sprinkler system ensures your yard stays lush year-round. Located in the sought-after Elevon community, you'll enjoy access to scenic walking trails with fitness stations, a clubhouse, resort-style pool, splash pad, and much more! Available at the end of June.

Investor Tools

Property Icon
$386,000
Estimated Property Value
$0Estimated Mortgage Balance
$386,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$241/month
$155/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$960
$185,222
2024
$80,000
$105,222
$185,222
No

Tax History

Year
Tax Paid
Assessed Value
2023
$960
$185,222

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$386,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$155/mo
+$3,555/mo
11.5%

City: Lavon

744 Lightheart Ln | Property Details | No Agent List