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Single-Story Duplex with Garages
For Sale
$495,000

363 Armstrong Lane, Lavon, TX 75166

ResidentialIncome, Lavon, TX

Property SizeContact for details
Lot Size0.09 Acres
Days on Market69

Property Features for 363 Armstrong Lane

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 3
Parking 4
Parking features Driveway, Garage
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 Electric, Central Air
Water source Public

Amenities

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

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: Jul 17 Changed: Sep 16 Last Checked: Sep 23 at 3:06PM
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.

Built in 2010, this single-story duplex contains two separate residences, each with three bedrooms, two full bathrooms, an open living area, walk-in closets, upgraded fixtures, and a dedicated utility room. Both units include private fenced backyards with sprinkler systems. The property is constructed with brick and features tile, vinyl, and carpet flooring, central electric heating and cooling, public water, and public sewer. Two attached two-car garages provide four total parking spaces, supplemented by driveway parking.

The duplex sits on a 0.085-acre corner lot in Grand Heritage West. Residents have access to the Grand Heritage Club, including a resort-style pool, splash pad, 24-hour fitness center, clubhouse, and business center, along with community parks, jogging trails, and fishing ponds. Lake Lavon is nearby, and Highways 78 and 205 provide access to Wylie, Rockwall, and Plano. Both residences are currently tenant-occupied.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 2 full bathrooms per residence
  • Built in 2010 on a 0.085‑acre corner lot
  • Two attached 2‑car garages provide 4 parking spaces

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pharmacy 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Tenant-occupied income property with two attached garages, private fenced yards, and access to community recreation amenities.
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: Two‑unit duplex with 3 bedrooms and 2 full bathrooms per residence; Built in 2010 on a 0.085‑acre corner lot; Two attached 2‑car garages provide 4 parking spaces
More about this property
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