The location of this property fronting on State Highway 78 makes it an excellent property for commercial development. The property is located in the City of Lavon and is zoned RETAIL. Lavon is experiencing explosive growth as residential development continues that further creates demand for commercial services.
Last updated on: 11/5/2024, 9:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$15.7K
Per Month
Principal & Interest
$15.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,464
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Nesmith Elementary School
801 Presidents Blvd
Distance between this listing and this school1.42 miles
Public District Grades PK-2
3
/10
McClendon Elementary School
601 N Fm 1138
Distance between this listing and this school5.20 miles
Public District Grades 3-5
Middle School
4
/10
Leland E Edge Middle School
615 N Fm 1138
Distance between this listing and this school6.33 miles
Public District Grades 6-8
High School
3
/10
Community High School
620 N Fm 1138
Distance between this listing and this school5.31 miles
Public District Grades 9-12
Assigned Schools
4
/10
Nesmith Elementary School
801 Presidents Blvd
Distance between this listing and this school1.42 miles
Public District Grades PK-2
3
/10
McClendon Elementary School
601 N Fm 1138
Distance between this listing and this school5.20 miles
Public District Grades 3-5
Nearby Schools
9
/10
P M Akin Elementary School
1100 Springwood Ln
Distance between this listing and this school3.48 miles
Public District Grades KG-4
Assigned Schools
4
/10
Leland E Edge Middle School
615 N Fm 1138
Distance between this listing and this school6.33 miles
Public District Grades 6-8
Nearby Schools
7
/10
J. W. Williams Middle School
625 E Fm 552
Distance between this listing and this school3.80 miles
Public District Grades 7-8
8
/10
Grady Burnett Jr High School
516 Hilltop Ln
Distance between this listing and this school4.30 miles
Public District Grades 7-8
Assigned Schools
3
/10
Community High School
620 N Fm 1138
Distance between this listing and this school5.31 miles
Public District Grades 9-12
Nearby Schools
6
/10
Wylie East High School
3000 E Stone Rd
Distance between this listing and this school2.31 miles
Public District Grades 9-12
3
/10
Achieve Academy
300 Pirate Dr
Distance between this listing and this school4.17 miles
The neighbors living near this home have an average income of $74,583. Most Lavon, TX residents have annual incomes between $35k-100k. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 00000 State Highway 78
What is the listing price of this property?
The listing price of 00000 State Highway 78 property is $3,134,578.
What type of property is this?
The property 00000 State Highway 78 is land located in Lavon, Texas, 75166.
Is this property for sale now?
Active Listing: 00000 State Highway 78 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 00000 State Highway 78 are: Nesmith Elementary School: GreatSchools Rating 4/10McClendon Elementary School: GreatSchools Rating 3/10Leland E Edge Middle School: GreatSchools Rating 4/10Community High School: GreatSchools Rating 3/10
How much acreage is this property?
The property 00000 State Highway 78 is 5.14 acres.
Interested in 00000 State Highway 78? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 00000 State Highway 78 in Lavon, TX and zip code 75166. This home sits on a 5.14 acre lot. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $3,134,578.
The number of listings in Lavon, TX increased by 2% between September 2024 and October 2024. Listings spent 92 days on the market in October 2024, and had a median list price of $396,990 during the same period.
From Rocket Homes Real Estate and based on county public records data.