363 & 365 Armstrong Lane Lavon, TX $ 495,000
363 & 365 Armstrong Lane
$ 495,000
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363 & 365 Armstrong Lane

Lavon, TX, 75166
$ 495,000
Bedrooms6 Baths4.0

Monthly Estimate*

$ 3,048

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Multi-Family Home for sale in Lavon, TX

for $495,000 with 6 bedrooms and 4 full baths. This home was built in 2010 on a lot size of 0.085.

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.

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Multi-Family Active

Price

$ 495,000

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,070

Style

Duplex

Lot Size

0.085

Year Built

2010

Town/City

Lavon

County/Region

Collin

MLS | Web ID

21214637

Features
Interior
Interior Features Built-in Features Eat-in Kitchen High Speed Internet Available
Flooring Carpet Tile Vinyl
Total Units 2
Total Bedrooms 6
Total Baths 4
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General
Heating Central Electric
Complex Name ARMSTRONG LN
Cooling Central Air Electric
Utilities Cable Available City Sewer City Water Curbs Electricity Connected Individual Gas Meter
Possession Negotiable
Roof Composition
Appliances Dishwasher Disposal Electric Cooktop Electric Oven Ice Maker Microwave Refrigerator
Assoc Fees 1920
Number of Garage Spaces 4
School District Community ISD
HOA Fee Includes Full Use of Facilities Maintenance Grounds Management Fees
Pool Y/N 0
Exclusions Tenant personal property
Year Built 2010
Levels One
Property Subtype Duplex
Subdivision Name Grand Heritage - West C
Occupant Type Tenant
County Collin
Property Type Residential Income
Construction Materials Brick Siding
Year Built Details Preowned
HOA Type Mandatory
# of Buildings 2
Full Baths 4
Status Active
Directions Please use GPS
City Lavon
Elementary School Name John & Barbara Roderick
High School Community
Elementary School John & Barbara Roderick
Standard Status Active
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Exterior
Waterfront 0
Parking Features Driveway Garage Garage Faces Front
Foundation Slab
Building Area Total 1202.00
Garage Y/N 1
Attached Garage Y/N 1
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Internal Only
Street Number 1 363
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* Excluded Features
List By
Christopher Wright

Listing Agent

Exp Realty, Llc

Broker

Affordability Calculator

$3,387
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,048
Monthly Property Taxes
$339
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3947021 Elementary School
3672441 Middle School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$495,000 Listed Price

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363 & 365 Armstrong Lane, Lavon, TX, 75166 is a Multi-Family Home for sale at $495,000 with a lot size of 0.085. 363 & 365 Armstrong Lane has 6 bedrooms, 4.0 baths, and was built in 2010. The property's zip code is 75166 which is in Lavon, TX