$459,000

357 Orbit Dr Lavon, TX 75166

Estimated payment $2,905/month

Total Views 1,595
6 Beds
4 Baths
2,536 Sq Ft
$181 Price per Sq Ft

Highlights

  • 1 Car Attached Garage
  • Cooling Available
  • Tile Flooring
  • Eat-In Kitchen
  • Tile Countertops
  • 1-Story Property

About This Home

This FULLY leased duplex in the Grand Heritage Subdivision is a fantastic low-maintenance investment opportunity. Both units, each offering 1,268 sqft of living space, are currently leased at $1,695. Each unit features a spacious floor plan with 3 bedrooms, 2 full bathrooms, and desirable amenities like a tandem front-entry garage, decorative lighting, and a private utility room to fit a full-size washer and dryer. Tenants will also enjoy the oversized fenced backyard, sprinkler system, and covered porches. The community itself is packed with perks, including a clubhouse, pool, splash park, fitness center, business center, jogging paths, and playgrounds. With these features, this property is perfect for attracting and retaining tenants.

Listing Agent

Erion Shehaj

Signature Real Estate Brokerage Phone: 713-952-3200 License #0516948 Listed on: 04/01/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 2013

Lot Details

  • 5,358 Sq Ft Lot
  • Wood Fence
  • Back Yard

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Schools

  • Nesmith Elementary School
  • Community Trails Middle School
  • Community High School

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities

Listing and Financial Details

  • Legal Lot and Block 19AB / B
  • Assessor Parcel Number R959100B019B1

Community Details

Overview

  • Association fees include ground maintenance
  • 2,536 Sq Ft Building
  • Grand Heritage Association
  • Grand Heritage West C Subdivision

Building Details

  • Gross Income $40,680
  • Net Operating Income $21,553

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,504

Year Built

Built in 2013

Lot Details

5,358 Sq Ft Lot

HOA Fees

$96 per month

Parking

1

Listing Details

  • OWNERNAME: NA
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Attribution Contact: 713-952-3200
  • CapRate: 4.7
  • Co List Office Mls Id: SGTR01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48085:R959100B019B1
  • Special Features: VirtualTour
  • Year Built: 2013

Interior Features

  • Square Footage: 2536.0
  • Interior Amenities: Eat-in Kitchen, Pantry, Tile Counters
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Slab
  • Fencing: Back Yard, Wood
  • Roof: Shingle
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Ceiling Fan(s), Electric
  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Sewer Available, Underground Utilities, Water Available
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Association Fee: 1152.0
  • Association Fee Frequency: Annually
  • Association Name: Grand Heritage Association

Schools

  • Elementary School: Nesmith
  • High School: Community
  • Junior High Dist: Community ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.123
  • Parcel Number: R959100B019B1
  • Lot Size Acres: 0.123
  • Lot Size Sq Ft: 5357.88

Building Info

  • Year Built: 2013
  • Units Total: 2

Multi Family

  • Insurance Expense: 1836.0
  • Annual Gross Income: 40680.0
  • Property Net Operating Income: 21553.0

Tax Info

  • TaxBlock: B
  • Tax Lot: 19AB
  • Tax Annual Amount: 4504.0

MLS Schools

  • MiddleOrJuniorSchool: Community Trails

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,818 $242,383 $55,000 $187,383
2024 $5,307 $261,699 $55,000 $206,699
2023 $5,064 $248,710 $55,000 $193,710
2022 $5,034 $238,973 $55,000 $183,973
2021 $4,275 $195,352 $45,000 $150,352
2020 $4,240 $184,078 $45,000 $139,078
2019 $4,385 $183,630 $45,000 $138,630
2018 $3,579 $152,136 $45,000 $107,136
2017 $3,438 $146,143 $45,000 $101,143
2016 $3,310 $139,643 $38,500 $101,143
2015 $3,022 $135,461 $38,500 $96,961
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2026 04/01/26 For Sale $459,000 0.0% $181 / Sq Ft
12/05/2024 12/05/24 Rented $1,695 0.0% --
12/05/2024 12/05/24 Under Contract -- -- --
10/30/2024 10/30/24 For Rent $1,695 -3.1% --
09/23/2023 09/23/23 Rented $1,750 0.0% --
09/19/2023 09/19/23 Under Contract -- -- --
07/27/2023 07/27/23 For Rent $1,750 +14.8% --
06/25/2021 06/25/21 Rented $1,525 0.0% --
06/17/2021 06/17/21 For Rent $1,525 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21221231

North Texas Real Estate Information Systems (NTREIS)

APN: R-9591-00B-019B-1

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