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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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363 Armstrong Ln , Lavon, TX 75166
$495,000
Est. Payment: $2,548.47/mo
6 Bed
4 Bath
1202 Sqft
Status: active | Days on site: 150
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Christopher Wright , The Vibe Brokerage, LLC , North Texas Real Estate Information Systems

Property Type

Multi-Family

Lot/Acreage
0.08

HOA Fee

1920 Annually

Year Built

2010

County

Collin

Neighborhood

Grand Heritage - West C

School District

Community ISD

Listing ID

21214637

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Dishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Refrigerator
Air Cond:Central Air,Electric
Fireplaces:
Floor:Carpet,Tile,Vinyl
Other:
  • Additional:Built-in Features, Eat-in Kitchen, High Speed Internet Available

Exterior Features

Garage Capacity:4
Roof:Composition
Others:
  • Additional:Preowned
Parking Features:Driveway,Garage,Garage Faces Front
Principal Interest
$2,548
Taxes
$339
HOA
$1,920

Home Price

$495,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$99,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,548.47

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $2,548.47 $339.17 $1,920.00 $4,807.64
Yearly $30,581.70 $4,070.00 $23,040.00 $57,691.70
Total $917,450.99 $122,100.00 $691,200.00 $1,730,750.99

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Lavon, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T19:21:47.893Z

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