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1048 Mercury Dr, Lavon, TX, 75166

3beds
2baths
1,567sqft
$279,900
$179price/sqft
$2,195/moest. monthly cost
$87,800/yrincome needed

About This Home

Welcome to this charming 3-bedroom, 2-bathroom home located in the highly desirable Grand Heritage community in Lavon. This well-maintained residence offers an inviting open-concept layout, perfect for both everyday living and entertaining. The spacious living area features a cozy fireplace, creating a warm and welcoming atmosphere. The kitchen seamlessly flows into the dining and living spaces, enhancing functionality and comfort. A standout feature of this home is the oversized attached 3-car garage, providing ample space for vehicles, storage, or a workshop. Step outside to enjoy the large, fully fenced backyard complete with a patio—ideal for relaxing evenings or hosting family and friends. Recent updates include a durable 3-ply roof replaced in 2016 and a water heater updated in December 2020, offering added peace of mind. Located in a vibrant community with amenities and convenient access to nearby schools, shopping, and dining, this home truly has it all. Don’t miss your opportunity to make it yours!

Getting Around

15
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
Nesmith Elementary SchoolGrades PK-51.2 mi
--
Braves AcademyGrades 3-116.2 mi
5/10
Community High SchoolGrades 9-126.0 mi

Construction

Condition

  • Year built: 2012

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven,Refrigerator

Bedroom

  • Features: Split Bedrooms
  • Level: First
  • Dimensions: 13 x 10

Bedroom

  • Features: Split Bedrooms
  • Level: First
  • Dimensions: 12 x 11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Breakfast Room Nook

  • Features: Eat-in Kitchen,Pantry
  • Level: First
  • Dimensions: 7 x 9

Features

  • High Speed Internet,Cable TV
  • Flooring: Carpet,Ceramic Tile
  • Number of fireplaces: 1
  • Fireplace features: Gas Starter
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric,Natural Gas
  • Cooling features: Central Air,Electric

Interior Area

  • Total interior livable area: 1,567 sqft

Kitchen

  • Features: Walk-In Pantry
  • Level: First
  • Dimensions: 10 x 12

Living Room

  • Level: First
  • Dimensions: 14 x 15

Master Bedroom

  • Features: Dual Sinks,Garden Tub/Roman Tub,Separate Shower,Walk-In Closet(s)
  • Level: First
  • Dimensions: 14 x 16

Property

Details

  • Parcel number: R959100C00501

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Fencing: Wood

Lot

  • Lot size: 7,579 sqft
  • Features: Interior Lot,Landscaped,Few Trees

Parking

  • Total spaces: 3
  • Parking features: Door-Multi,Door-Single,Garage Faces Front,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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
    HailVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

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

MonthlyAnnual
Mortgage $1,415$16,980
Home Insurance *$209$2,508
Property Taxes $333$3,996
Electricity $238$2,859
Total$2,195$26,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,257/yr
40% on housing$65,850/yr
45% on housing$58,533/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -1.8%
-1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$179This listing

vs Other Active Listings

Avg $/sqft

ZIP 75166$157
Collin County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 75166$160
Collin County$185

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

DateEventPrice
2026-04-16Price change$289,900
2026-03-19Listed for sale$299,900
2025-04-10Listing removed$325,000
2025-02-05Price change$325,000
2024-09-30Listed for sale$344,999
2024-09-19Listing removed$344,999
2024-07-12Price change$349,900
2024-06-21Price change$369,900
2024-05-28Price change$374,999
2024-05-20Price change$390,000
2024-05-10Listed for sale$400,000
2021-07-30Sold--
2021-07-05Pending sale$279,000
2021-06-24Listed for sale$279,000
2016-02-14Sold--
2015-12-30Pending sale$189,500
2015-12-19Listed for sale$189,500
2013-04-29Sold--
2012-11-01Listed for sale$174,990

For Sale by Agent

AgentRaed Alsabah
BrokerageHomeSmart Stars

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