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363 Armstrong Lane

Lavon, Texas 75166

$495,000 $2,086/Mo

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Overview

Bed

Bath

0.09

Acre(Lot)

Description

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.

Property Details

Property Type : Residential Income

Price : $495,000

AD Id : 76534902

MLS Id : 554787402

Beds : 6

Lot Size : 0.09 Acre

Year Built : 2010

Garage : 4

County : Collin

Subdivision: Grand Heritage West C

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 6

Bathroom Information

Total Baths: 4 Full Baths: 4
Interior Features

Built-in Features,Eat-in Kitchen,High Speed Internet Available

Appliances

Dishwasher,Disposal,Electric Cooktop,Electric Oven,Ice Maker,Microwave,Refrigerator

Utilities

Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Gas Meter
Cooling Features

Central Air,Electric

Heating Source

Central,Electric

Building Information

Built Year: 2010 Building Area Total: 1,202 Construction: Brick,Siding Roof Type: Composition
Foundation

Slab
Construction Materials

Brick,Siding

Lot Information

Lot Size (Acr): 0.0850 Lot Size Units: Acres Lot Size Square Feet: 3,703
Property Information

Property Type: Residential Income Property Sub Type: Duplex Subdivision: Grand Heritage - West C City: Lavon State: Texas Directions: Please use GPS Property Status: Active Exclusions: Tenant personal property Levels: One Property Age: 16 Year Built Details: Preowned

Listing Price Information

Original List Price: $495,000
Listing Information

Possession: Negotiable

Tax Information

Parcel Number: R959100E018A1 Tax Block: E Tax Legal Description: GRAND HERITAGE - WEST C (CLA), BLK E, LOT 18A Tax Lot: 18A Unexempt Taxes: $4,070

Parking Information

Has Garage Garage Space: 4 Parking: 4 Parking Features: Driveway,Garage,Garage Faces Front
Homeowners Association Information

Included Fees: Full Use of Facilities,Maintenance Grounds,Management Fees HOA Type: Mandatory HOA: $1,920.00 HOA Frequency: Annually

School Information

Elementary School: John & Barbara Roderick Middle School: Community Trails High School: Community School District: Community ISD
Utility Information

Utilities: Cable Available,City Sewer,City Water,Curbs,Electricity Connected,Individual Gas Meter

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
375 & 377 Orbit Drive, Lavon, TX, 75166	$489,000	6	6	--
357 AND 359 Orbit Drive, Lavon, TX, 75166	$465,500	6	4	--

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ByOwner last updated this listing 06/06/2026 @ 12:09

MLS: 554787402 LISTED BY: Christopher Wright, The Vibe Brokerage, LLC 800-257-1242 SOURCE: NTREIS - North Texas Real Estate Information