Lavon, TX 75166 363 Armstrong Lane
$495,000



20 more




















Presented By: eXp Realty, LLC
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
Maximize your investment portfolio with this turnkey, single-story full duplex situated on a premium corner lot in the highly sought-after Grand Heritage West community. Built in 2010 and meticulously maintained, this property boasts a proven track record of 100% occupancy, making it an ideal addition for a savvy investor or a perfect house-hacking opportunity in the booming North Texas market. Each side of this spacious duplex features a functional and modern layout with 3 generous bedrooms, 2 full bathrooms, and an open-concept living area. Tenants enjoy high-end touches including upgraded fixtures, walk-in closets, dedicated utility rooms, and private fenced backyards equipped with full sprinkler systems. Ample parking is provided by two separate attached 2-car garages (4 spaces total).
Beyond the units themselves, the location is a major draw for high-quality, long-term tenants. Residents gain full access to the premier Grand Heritage Club, a multi-million dollar amenity center featuring a resort-style pool, splash pad, 24-hour fitness center, clubhouse, and business center. The community also offers expansive parks, jogging trails, and fishing ponds, all while being minutes away from the recreational opportunities at Lake Lavon. Strategically located with easy access to Highways 78 and 205, this property offers a seamless commute to Wylie, Rockwall, and Plano. Lavon is one of the fastest-growing areas in Collin County, ensuring steady demand and long-term appreciation potential. Both units are currently tenant-occupied, providing immediate cash flow from day one. Don't miss out on this rare chance to own a high-performing income property in a location that truly sells itself.
Presented By: eXp Realty, LLC
Interior Features for 363 Armstrong Lane
Bedrooms
Total Bedrooms6
Bathrooms
Total Baths4
Other Interior Features
FlooringCarpet, Tile, Vinyl
Interior FeaturesBuilt-in Features, Eat-in Kitchen, High Speed Internet Available
Lock Box TypeBlue BT LE
Total Units2
Unit Count2
General for 363 Armstrong Lane
# of Buildings2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Refrigerator
Assoc Fees1920
Association Fee FrequencyAnnually
Capitalization Rate3.36
CityLavon
Complex NameARMSTRONG LN
Construction MaterialsBrick, Siding
CoolingCentral Air, Electric
CountyCollin
DirectionsPlease use GPS
Elementary SchoolJohn & Barbara Roderick
Elementary School NameJohn & Barbara Roderick
ExclusionsTenant personal property
Full Baths4
Gross Annual Expenses4320.00
HOA Fee IncludesFull Use of Facilities, Maintenance Grounds, Management Fees
HOA TypeMandatory
HeatingCentral, Electric
High SchoolCommunity
Insurance Expense4874
LevelsOne
Number of Garage Spaces4
Occupant TypeTenant
Pool Y/NNo
PossessionNegotiable
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictCommunity ISD
Standard StatusActive
StatusActive
Subdivision NameGrand Heritage - West C
Unexempt Taxes4070
UtilitiesCable Available, City Sewer, City Water, Curbs, Electricity Connected, Individual Gas Meter
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2010
Year Built DetailsPreowned
Exterior for 363 Armstrong Lane
Attached Garage Y/NYes
Building Area Total1202.00
Covered Spaces4
Foundation Slab
Garage Y/NYes
Lot Size Acres0.0850
Lot Size Area0.0850
Lot Size Square Feet3702.6000
Lot Size UnitsAcres
Number Of Parking Spaces4
Parking FeaturesDriveway, Garage, Garage Faces Front
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
John & Barbara Roderick Elementary School
Suzanne Smith
Broker/Owner
