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$310,000

886 Bowie Drive, Lavon, TX, 75166

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.45 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size5,506 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-9032-00B-0100-1
Lot Number10
SubdivisionGrand Heritage Club (Cla)
Land UseResidential
Legal DescriptionGRAND HERITAGE CLUB (CLA), BLK B, LOT 10
Census Tract031201
Assessed Land Value$85,000
Assessed Improvement Value$229,635
Assessment Year2025

About this property

Beautiful family home located in Lavon's Grand Heritage neighborhood! This spacious 4 BED 2.5 BATH offers flexible floorplan with master bedroom on 1st floor and large split secondary bedrooms up, which could be utilized as 2nd master. This home provides a great opportunity for multi generational living with large bedrooms and walk in closets. Eat in kitchen has tons of storage, overlooks the wonderful family room and backyard that will not disappoint! Downstairs dining area could be used for playroom or study. Recent updates include HVAC system, fence, microwave, garage door & opener. Right around the corner is a fantastic playground, community pool, pond, clubhouse with spectacular amenities. A Must See!!

Investor Tools

Property Icon
$314,635
Estimated Property Value
$0Estimated Mortgage Balance
$63,228Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,888 /month
Positive
Cash Flow Estimate:
$629 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$726/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,143
$314,635
2025
$85,000
$229,635
$314,635
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,143
$314,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerifirst Financial Inc
Fha
$277,421
Yes
First
Jun 1, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,407
$63,228
20%
80%
$1,664/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$1,864/mo
+$1,846/mo
14.1%

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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886 Bowie Drive | Property Details | No Agent List