One-Story Duplex With Fenced
393 Orbit Drive Lavon, TX 75166
For Sale
$489,900
Two-side, one-story duplex offers separate utility rooms, 2-car tandem garages, and private fenced back yards.
Property Size2,532 SF
Price / SF$193.48
Days on Market241
Property Features for 393 Orbit Drive
General Information
- Standard status
- Active
- Size
- 2,532 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2011
Listing Agency:
Ebby Halliday, Realtors
(214) 532-2438
Listed By:
Johanna Mattox · License #0630948
(214) 532-2438
Source:
Compass
Added: Nov 24, 2025
Changed: Jul 23
Last Checked: Jul 23 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ebby Halliday, Realtors
Investment Insights
Based on property information with market context.
Listing is for the full duplex at 393-395 Orbit Dr., including both sides. The property is a one-story duplex configured as separate homes on either side, each featuring 3 bedrooms, 2 bathrooms, a separate utility room, and a single 2-car tandem garage. Interior features include wood-look tile flooring and upgraded fixtures, with tile kitchen countertops and backsplash.
Each unit also includes a private fenced back yard and the duplex has a full sprinkler system.
The duplex is located within the Grand Heritage West community, which includes access to a clubhouse, large community pool, splash pad, and playground/park areas, along with a fitness and business center. The community is close to Lavonia Park and provides access to Lake Lavon.
Each unit also includes a private fenced back yard and the duplex has a full sprinkler system.
The duplex is located within the Grand Heritage West community, which includes access to a clubhouse, large community pool, splash pad, and playground/park areas, along with a fitness and business center. The community is close to Lavonia Park and provides access to Lake Lavon.
Key Highlights
- Full duplex for sale: 393–395 Orbit Dr., including both sides
- One‑story 2‑unit duplex built in 2011 with 2‑car tandem garages on each side
- Each side offers 3 bedrooms, 2 bathrooms, a separate utility room, and a private fenced back yard
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.8k | $27.96 |
| − Vacancy | −$7.2k | −$2.84 |
| EGI | $63.6k | $25.12 |
| − OpEx | −$19.1k | −$7.54 |
| NOI | $44.5k | $17.58 |
2,532 SF · lease $27.96/SF/yr · vacancy 10.16% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$636.0K
$556.5K – $742.0K
NOI $44,521 @ 7.0% cap · market cap 9.09%
Second Best
Apartment 5plus
$550.0K
$481.3K – $641.7K
NOI $38,502 @ 7.0% cap · market cap 7.86%
Theoretical Best
Industrial
$2.52M
$2.20M – $2.94M
NOI $176,117 @ 7.0% cap · market cap 35.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-side, one-story duplex offers separate utility rooms, 2-car tandem garages, and private fenced back yards.
Where is this duplex located?
The property is located at 393 Orbit Drive Lavon, TX.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Full duplex for sale: 393–395 Orbit Dr., including both sides; One‑story 2‑unit duplex built in 2011 with 2‑car tandem garages on each side; Each side offers 3 bedrooms, 2 bathrooms, a separate utility room, and a private fenced back yard
