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$508,000

NAL Estimated Property Value

956 Lake Rd, Lavon, TX, 75166

$517,593 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,738 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.84 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size1.13 acres

Building Information

Year Built2000
Stories2
Garage Spaces3

Land Information

APNR-6740-001-1410-1
Lot Number141
SubdivisionS M Rainer Survey
Land UseResidential
Legal DescriptionABS A0740 S M RAINER SURVEY, SHEET 1, TRACT 141, 1.129 ACRES
Census Tract031201
Assessed Land Value$135,480
Assessed Improvement Value$366,364
Assessment Year2025

About this property

Spacious one acre lot with a beautiful tree lined view welcomes you home to a charming two-story 4 bedroom 3 full bath nestled just outside city limits of Lavon. Step inside to find over 2700 SF of comfortable living and entertaining space. Home features include tall ceilings, hardwood flooring, crown molding, wood burning fireplace, tons of storage space, and natural lighting. The kitchen and breakfast area open to one of two living areas. The owners retreat is on the main floor with an oversized closet and soaking tub with double vanity sinks. Floor-to-ceiling windows throughout the home allows for lots of natural light and relaxing views of the green pastures. The second floor offers flexible options for a game room, gym, or an office. 3-car garage, extended driveway, fresh landscaping, spot lighting, tinted windows, new dishwasher, new roof and gutters. Easy access to boat ramp to Lavon Lake and park. Low taxes, NO HOA

Investor Tools

Property Icon
$508,000
Estimated Property Value
$533,501Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$517,593
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$893/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,179
$501,844
2025
$135,480
$366,364
$501,844
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,179
$501,844

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$549,857
Yes
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$533,501
N/A
0%
105%
$3,297/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$3,297/mo
+$413/mo
8.8%

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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956 Lake Rd | Property Details | No Agent List