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$309,900

$319,900

820 Austin Lane, Lavon, TX, 75166

Under ContractInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,873 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.46 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size5,885 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APNR-9032-00E-0100-1
Lot Number10
SubdivisionGrand Heritage Club (Cla)
Land UseResidential
Legal DescriptionGRAND HERITAGE CLUB (CLA), BLK E, LOT 10
Census Tract031201
Assessed Land Value$89,250
Assessed Improvement Value$226,579
Assessment Year2025

About this property

Welcome to this move-in ready home in the sought-after Grand Heritage community in Lavon! This beautifully maintained 4 bedroom, 2 bath home with a 2-car garage offers an open concept layout, split bedroom floor plan, and a flex room that could either an office or a bedroom. The kitchen features quartz countertops, stylish backsplash, farmhouse sink, and an abundance of cabinet and counter space. Other recent improvements include fresh paint and updated flooring. Step outside to enjoy the private backyard with a covered patio, perfect for relaxing, grilling, or entertaining guests year-round. Enjoy great curb appeal and a convenient location within walking distance to the fitness center. Grand Heritage amenities include a resort-style pool, clubhouse, walking trails, playgrounds, fitness center, and much more.

Investor Tools

Property Icon
$317,000
Estimated Property Value
$0Estimated Mortgage Balance
$83,037Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,902 /month
Positive
Cash Flow Estimate:
$634 /month

Interested in this property?

Amy Britt

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
$346/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,456
$315,829
2025
$89,250
$226,579
$315,829
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,456
$315,829

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$240,000
No
First
Jan 24, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,963
$83,037
26%
74%
$1,439/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$1,785/mo
+$1,065/mo
10.8%

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.

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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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