363 Armstrong Ln, Lavon, TX 75166

$495,000
6
BD
4
BA

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List Price
$495,000
MLS#
21214637
Status
ACTIVE
Type
Multifamily
Subtype
ResidentialIncome
Year Built
2010
Construction Status
Preowned
Bedrooms
6
Full Baths
4
Acres
0.09
County
Collin
City
Lavon
Subdivision
Grand Heritage - West C
Building Name
Armstrong Ln

Property 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.

Additional Information

Unexempt Taxes
$4,070
HOA Fees
$1,920
HOA Freq
Annually
Lot Size
3,702
Acres
0.09
Interior Features
Eat-In Kitchen, High Speed Internet
Flooring
Carpet, Tile, Vinyl
Foundation
Slab
Roof
Composition
Stories
1
Pool Features
None
Garage Spaces
4
Parking Garage
Driveway, Garage Faces Front, Garage
School District
Community Isd
Elementary School
John & Barbara Roderick
Middle School
Community Trails
High School
Community
Possession
Negotiable
Community Features
Curbs

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Calculator source: Real Geeks

Listing courtesy of Christopher Wright from The Vibe Brokerage, LLC. Contact: 888-519-7431