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Owner Contacts

$864,352

NAL Estimated Property Value

980 Lakeridge Dr, Lavon, TX, 75166

Off Market

4 Beds

6 Bath

4,567 Sq Ft

Single Family Residence

$201.45 / sqft

Built in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 6

AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Refrigerator, Tankless Water Heater, Vented Exhaust Fan

FlooringConcrete, Hardwood, Tile

Exterior

Exterior FeaturesBalcony, Barbecue, Built-in Barbecue, Dog Run, Gas Grill, Lighting, Outdoor Grill, Outdoor Kitchen, RV Hookup

Lot Size1.48 acres

Building Information

Year Built2017

Stories2

Garage Spaces2

Land Information

APNR-4317-00B-0260-1

Lot Number26

SubdivisionLakeridge Meadows (Cla)

Land UseResidential

Legal DescriptionLAKERIDGE MEADOWS (CLA), BLK B, LOT 26

Census Tract031201

Assessed Land Value$175,500

Assessed Improvement Value$688,852

Assessment Year2025

About this property

Welcome to this stunning hilltop oasis with unobstructed views of the horizon spanning the Corps of Engineer land onto Lake Lavon. Enjoy sunrise from the front porch & sunset panoramas from the back patio or balcony. Situated on 1.48 acres, this home presents a unique opportunity with a 2400 square foot workshop (40x60), perfect for hobbyists or those seeking ample space for their projects or business. 14' clearance for indoor & outdoor RV parking & boat parking. This property features a meticulous guest suite retreat that could be considered a 4th bedroom, providing privacy & independence for guests or extended family members, may also act as income producing property. Located less than a mile from the Lavonia Park boat ramp, this home is a haven for outdoor enthusiasts & water lovers. This home provides the perfect opportunity for indoor outdoor living & entertaining. Don't miss the opportunity to experience the best of Lavon living. No PID No MUD No HOA the possibilities are endless

Investor Tools

$864,352

Estimated Property Value

$297,825Estimated Mortgage Balance

$566,527Estimated Equity

65% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,520 /month

Positive

Cash Flow Estimate:

$1,840 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,687/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,918

$864,352

2025

$175,500

$688,852

$864,352

Tax History

Year

Tax Paid

Assessed Value

2024

$15,918

$864,352

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$300,000

First

Dec 29, 2025

Jan 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$297,825

$566,527

65%

34%

$1,799/mo

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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