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$320,000

NAL Estimated Property Value

744 Serenity Sound Dr, Lavon, TX, 75166

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,536 Sq Ft
price_per_sqft$182.29 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,011 sqft

Building Information

Year Built2022
Stories1
Garage Spaces2

Land Information

APNR-12788-00M-0020-W
Lot Number2
SubdivisionElevon Phase 1a (Gcn)
Land UseResidential Single Family
Legal DescriptionELEVON PHASE 1A (GCN), BLK M, LOT 2; ( SEE R-12788-00M-0020-1 FOR OTHER ENTITIES ) SEE R-12788-00M-0020-1 FOR OTHER ENTITIES
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$7,387
Assessment Year2023

About this property

Like new 2022 single story home located just one mile from Lake Lavon and half a mile from Highway 78, offering quick access to Farmersville, Rockwall, Wylie, and nearby towns. This well maintained property combines modern comfort with small town convenience. It features 3 bedrooms, 2 full bathrooms, and an inviting open layout that feels spacious the moment you walk in. The island kitchen includes granite countertops, LED lighting, stainless fixtures, and generous cabinet storage. A full sprinkler system keeps the yard easy to maintain, so you can spend more time enjoying life outside rather than working on it. The covered back patio is perfect for morning coffee, evening lounging, or weekend gatherings with friends. Living near Lake Lavon means endless opportunities for fishing, boating, camping, or simple picnics by the water whenever you choose. The neighborhood HOA even includes high speed internet, which adds everyday convenience and helps lower monthly expenses. Whether you work from home, enjoy spending time outdoors, or simply want a move in ready home in a growing area, this property checks every box. Homes this close to the lake are hard to find, especially in this condition. Come see why this one stands out from the rest.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$0Estimated Mortgage Balance
$320,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
$155/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$87,387
2023
$80,000
$7,387
$87,387
No

Tax History

Year
Tax Paid
Assessed Value
2022
N/A
$87,387

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$320,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$155/mo
+$2,695/mo
10.7%

City: Lavon