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Single-Story Duplex Built 2010
For Sale
$495,000

363 Armstrong Lane, Lavon, TX 75166

MULTI_FAMILY - Lavon, TX

Property SizeContact for details
Lot Size0.09 Acres
Days on Market58

Property Features for 363 Armstrong Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 5
Parking 4
Parking features Garage, Driveway
Interior features BuiltInFeatures, EatInKitchen, HighSpeedInternet
Appliances Dishwasher, ElectricCooktop, ElectricOven, Disposal, IceMaker, Microwave, Refrigerator
Subdivision Grand Heritage - West C
Elementary school John & Barbara Roderick
Middle school Community Trails
High school Community
Elementary school district Community ISD
Middle school district Community ISD
High school district Community ISD
Directions Please use GPS
Standard status Active
APN R959100E018A1
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description GRAND HERITAGE - WEST C (CLA), BLK E, LOT 18A
Tax Annual Amount 4070
HOA Fee $1,920 Annually
Legal Description GRAND HERITAGE - WEST C (CLA), BLK E, LOT 18A

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Electric
Water source Public

Amenities

resort-style pool
splash pad
24-hour fitness center
clubhouse
business center
parks
jogging trails
fishing ponds
walk-in closets
dedicated utility rooms
private fenced backyards

Building Details

Year built 2010
Floors in Building 1
Number of units 2
Flooring type Vinyl, Tile, Carpet
Building materials Brick
Roof type Composition
Listing Agency: The Vibe Brokerage, LLC
Listed By: Christopher Wright · License #0702779
Added: Jun 11 Changed: Aug 6 Last Checked: Aug 7 at 12:06PM
MLS# 21214637

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey, single-story full duplex was built in 2010 and is situated on a premium corner lot. Both sides offer a modern, functional layout with three bedrooms and two full bathrooms, plus an open-concept living area and eat-in kitchen. Interior touches include upgraded fixtures and walk-in closets, along with dedicated utility rooms. Each unit also features a private fenced backyard with full sprinkler systems. Heating and cooling are central electric, and the home has public water and public sewer with a composition roof and brick construction. Parking is provided by two separate attached two-car garages, for four total spaces.

The property has a proven record of 100% occupancy, and both units are currently tenant-occupied. Residents also have access to the Grand Heritage Club amenity center, including a resort-style pool, splash pad, 24-hour fitness center, clubhouse, and business center, as well as parks, jogging trails, and fishing ponds. Easy access to Highways 78 and 205 supports commuting to Wylie, Rockwall, and Plano.

Key Highlights

  • Built in 2010 brick, single‑story full duplex with composition roof
  • 100% occupancy and both units currently tenant‑occupied
  • Each unit features three bedrooms and two full bathrooms with open‑concept living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Pharmacy Big Box & Wholesale Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 75166, TX

5,457
Population
2,186
Households
2.5
Avg Household Size
35
Median Age
36%
College-Educated
96%
High-School Grad
12.9 sq mi
ZIP Area
423
Density / Sq Mi
$129,130
Median Household Income
$60,916
Median Earnings
$1,780
Median Rent
$385,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Single-story duplex on a corner lot with tenant-occupied units, three bedrooms per side, and private fenced backyards.
Where is this duplex located?
The property is located at 363 Armstrong Lane Lavon, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Built in 2010 brick, single‑story full duplex with composition roof; 100% occupancy and both units currently tenant‑occupied; Each unit features three bedrooms and two full bathrooms with open‑concept living space
More about this property
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