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$340,760

NAL Estimated Property Value

970 Austin Ln, Lavon, TX, 75166

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,045 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.76 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate, Simulated Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,799 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APNR-9032-00A-0100-1
Lot Number10
SubdivisionGrand Heritage Club (Cla)
Land UseResidential
Legal DescriptionGRAND HERITAGE CLUB (CLA), BLK A, LOT 10
Census Tract031201
Assessed Land Value$102,000
Assessed Improvement Value$238,760
Assessment Year2025

About this property

This exceptional property presents a unique opportunity for prospective homeowners. Situated within the thriving community of Lavon and the Community ISD school district, this residence offers a blend of comfort and functionality. The home features a welcoming front porch, a well-designed open floor plan with split bedrooms, and versatile living spaces. The living room is enhanced by a fireplace with a rustic stone facade and a wood mantle. The kitchen is equipped with Knotty Alder cabinets, a breakfast bar, solid surface countertops, an electric cooktop, and a suite of stainless steel and black appliances. Additional features include tasteful lighting, fresh paint, and ceiling fans. The expansive backyard includes a covered and extended patio. The property benefits from a peaceful cul-de-sac location adjacent to a greenbelt. Residents have access to HOA amenities, including a community pool, park, fitness center, and clubhouse. Furthermore, the property's proximity to Lake Lavon provides opportunities for boating and fishing.

Investor Tools

Property Icon
$340,760
Estimated Property Value
$167,272Estimated Mortgage Balance
$173,488Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,045 /month
Positive
Cash Flow Estimate:
$682 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,860
$340,760
2025
$102,000
$238,760
$340,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,860
$340,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$168,000
No
First
Feb 3, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,272
$173,488
50%
49%
$1,008/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$1,353/mo
+$2,357/mo
13.1%

Learn About the Market: Opportunity in Texas

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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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970 Austin Ln | Property Details | No Agent List