$264,900
613 Blooming Glade, Lavon, TX, 75166
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Range, Disposal
Exterior
Lot Size5,227 sqft
Building Information
Year Built2023
Stories1
Garage Spaces2
Land Information
APNR-12788-00C-0370-1
Lot Number37
SubdivisionElevon Phase 1a (Gcn)
Land UseResidential
Legal DescriptionELEVON PHASE 1A (GCN), BLK C, LOT 37
Census Tract031201
Assessed Land Value$76,000
Assessed Improvement Value$182,717
Assessment Year2026
About this property
Built in 2023, this like-new single-story home in the Elevon community offers 3 bedrooms, 2 bathrooms, and 1,404 square feet of comfortable living space. Fresh paint and brand new carpets. The open floor plan features a spacious living area, beautiful kitchen and SS appliances. Residents enjoy access to Elevon's amenities, including resort-style pools, splash pad, playgrounds, fishing ponds, walking trails, fitness stations, and a dog park. Located in Community ISD with convenient access to Lavon Lake and major highways.
Investor Tools
$267,231Estimated Mortgage Balance
$4,769Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
$155/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,249
$258,717
2026
$76,000
$182,717
$258,717
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,249
$258,717
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$283,765
Yes
First
Aug 23, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,231
$4,769
1%
98%
$1,702/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,850/mo
$1,857/mo
+$993/mo
12.6%
