Bruce Rayburn

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Listing provided courtesy of Ebby Halliday, Realtors- MLS# 21266630MLS ProviderContact Information: Johanna Mattox - 214-509-0808

375 & 377 Orbit DriveLavon, TX 75166

Multi-Family · 6 Beds · 4 Full Baths · 2 Half Baths · 2,724 Sq. ft. | 0.10 Acres
$484,900 Active

375 & 377 Orbit Drive Overview

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Excellent opportunity to own a full two story duplex in the growing community of Lavon! Both sides are currently tenant occupied, offering immediate income potential for investors. Each unit features comfortable living spaces, functional layouts, and strong rental appeal in a rapidly developing area of Collin County. Residents enjoy access to excellent community amenities including a large resort-style pool, fitness center, clubhouse community center, playgrounds, parks, and walking areas. Conveniently located near schools, shopping, dining, major commuter routes, and with easy access to Lake Lavon for boating, fishing, camping, and outdoor recreation. This property offers both investment potential and long-term versatility. Whether you are looking to expand your investment portfolio or offset your mortgage with rental income, this duplex presents a rare opportunity with multiple possibilities!

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375 & 377 Orbit Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,724
  • Price/Sq.ft. $178
  • Lot 0.10 Acres

Details

General

Association/HOA

  • Association Fee: 470.0
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: All Facilities,Association Management
  • Association Name: Lavon Grand
  • Association: Yes

School Information

  • School District: Community ISD
  • Elementary School: Nesmith
  • Middle Or Junior School: Leland Edge
  • High School: Community

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Energy Efficient: Appliances,HVAC,Roof,Thermostat

Income/Expenses

  • Gross Income: 43200.0
  • Operating Expense Includes: Accounting,Capital Improvements,Insurance,Maintenance,Professional Management,Vacancy Allowance

Building Information

  • Year Built: 2013
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Collin
  • Postal City: LAVON
  • Subdivision Name: Grand Heritage - West C

Community/Development

  • Community Features: Clubhouse,Fitness Center,Playground,Park,Pool,Trails/Paths,Curbs,Sidewalks

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange,FHA
  • Parcel Number: R959100B016B1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage Spaces: 4.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 2
  • Bathrooms Total: 6
  • Bedrooms Total: 6

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2724.0

General Information

  • Appliances: Dishwasher,Electric Range,Disposal,Microwave
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Ceramic Tile
  • Foundation Details: Slab
  • Interior Features: Decorative/Designer Lighting Fixtures,High Speed Internet,Pantry,Tile Counters,Cable TV,Walk-In Closet(s)
  • Levels: Two
  • Security Features: Security System,Smoke Detector(s),Security Lights
  • Stories: 2
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Concrete,Door-Single,Driveway,Garage Faces Front,Garage,Garage Door Opener,Lighted
  • Parking Total: 8.0

Lot Information

  • Lot Features: Back Yard,Interior Lot,Lawn,Subdivision,Sprinkler System,Few Trees
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Square Feet: 4356.0
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Construction Materials: Brick,Frame
  • Patio And Porch Features: Front Porch,Patio,Covered
  • Roof: Composition

General Information

  • Exterior Features: Lighting,Private Yard,Rain Gutters
  • Fencing: Back Yard,Wood
  • Number Of Units Total: 2
  • Pool Features: None,Community
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Separate Meters,Underground Utilities,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 3 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

375 & 377 Orbit Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

375 & 377 Orbit Drive Market Data

Based on the last 30 days in this zip code

$430,672
Average List Price
$176
Average Price per Square Foot
55
Properties Sold
380
Average Days on Market
731
Properties for Sale
Calculations provided by Reliance Network


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