363 Armstrong Ln, Lavon, TX, 75166
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2010
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Dishwasher,Electric Cooktop,Electric Oven,Disposal,Ice Maker,Microwave,Refrigerator
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Features
- Built-in Features,Eat-in Kitchen,High Speed Internet
- Flooring: Carpet,Tile,Vinyl
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 1,202
- Total interior livable area: 1,202 sqft
Property
Details
- Parcel number: R959100E018A1
- Exclusions: Tenant personal property
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 3,702 sqft
Parking
- Total spaces: 4
- Parking features: Driveway,Garage Faces Front,Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hail
- Tornado
- Cold Wave
- Heat Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,502 | $30,024 |
| Home Insurance * | $370 | $4,440 |
| Property Taxes | $812 | $9,744 |
| Electricity | $238 | $2,859 |
| Total | $3,922 | $47,064 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-27 | Listed for sale | $495,000 |
| 2024-07-25 | Listing removed | -- |
| 2024-06-22 | Listed for rent | $2,600 |
| 2024-06-10 | Listing removed | -- |
| 2024-05-22 | Listed for rent | $2,600 |
| 2023-06-09 | Listing removed | -- |
| 2023-06-07 | Listed for rent | $2,900 |
| 2023-05-24 | Sold | -- |
| 2023-04-28 | Pending sale | $247,500 |
| 2023-04-26 | Contingent | $247,500 |
| 2023-04-13 | Listed for sale | $247,500 |
| 2023-03-24 | Contingent | $247,500 |
| 2023-03-22 | Listed for sale | $247,500 |
| 2023-03-13 | Contingent | $250,000 |
| 2023-02-07 | Listed for sale | $250,000 |
| 2022-01-14 | Listing removed | -- |
| 2021-12-24 | Listed for rent | $1,525 |
| 2021-08-15 | Listing removed | -- |
| 2021-07-16 | Listed for rent | $1,525 |
| 2018-04-07 | Listing removed | $1,350 |
| 2018-01-07 | Price change | $1,350 |
| 2017-10-21 | Listed for rent | $1,395 |
| 2015-10-20 | Listing removed | $1,295 |
| 2015-08-28 | Listed for rent | $1,295 |
| 2014-09-01 | Listing removed | $1,275 |
For Sale by Agent
View on Zillow