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Days1516Days on Market
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$288,000

200 Burnett Dr, Lavon, TX, 75166

$339,217 ARVInfo
On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,922 Sq Ft
price_per_sqft$98.56 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size15,560 sqft

Building Information

Year Built2011
Stories2
Garage Spaces2

Land Information

APNR-9032-00N-0020-1
Lot Number2
SubdivisionGrand Heritage Club (Cla)
Land UseResidential
Legal DescriptionGRAND HERITAGE CLUB (CLA), BLK N, LOT 2
Census Tract031201
Assessed Land Value$119,000
Assessed Improvement Value$297,858
Assessment Year2025

About this property

This wonderful home with a great floorplan is ready for your renovations! Sold strictly As Is. Water will not be turned on for inspections or appraisal. The kitchen has been gutted, all flooring needs to be replaced. The HOA has a deed restriction that prohibits leasing for 2 years. This home features 4 bedrooms, 3 baths, large family room upstairs. Step outside to enjoy a large fenced backyard with mature trees and a covered patio—perfect for pets, kids, or weekend gatherings. Located in a quiet neighborhood with easy access to Lake Lavon.

Investor Tools

Property Icon
$432,000
Estimated Property Value
$478,500Estimated Mortgage Balance
$0Estimated Equity
-11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$339,217
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

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Keith Byars

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
$346/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$724
$416,858
2025
$119,000
$297,858
$416,858
No

Tax History

Year
Tax Paid
Assessed Value
2024
$724
$416,858

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Direct Mortgage Llc
Va
$478,500
Yes
First
Jun 21, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,484
N/A
0%
103%
$2,869/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,710/mo
$3,215/mo
+$495/mo
10.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lavon

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