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Property Description
Maximize your investment portfolio with this turnkey, single-story full duplex situated on a premium corner lot in the highly sought-after Grand Heritage West community. Built in 2010 and meticulously maintained, this property boasts a proven track record of 100% occupancy, making it an ideal addition for a savvy investor or a perfect house-hacking opportunity in the booming North Texas market. Each side of this spacious duplex features a functional and modern layout with 3 generous bedrooms, 2 full bathrooms, and an open-concept living area. Tenants enjoy high-end touches including upgraded fixtures, walk-in closets, dedicated utility rooms, and private fenced backyards equipped with full sprinkler systems. Ample parking is provided by two separate attached 2-car garages (4 spaces total). Beyond the units themselves, the location is a major draw for high-quality, long-term tenants. Residents gain full access to the premier Grand Heritage Club, a multi-million dollar amenity center featuring a resort-style pool, splash pad, 24-hour fitness center, clubhouse, and business center. The community also offers expansive parks, jogging trails, and fishing ponds, all while being minutes away from the recreational opportunities at Lake Lavon. Strategically located with easy access to Highways 78 and 205, this property offers a seamless commute to Wylie, Rockwall, and Plano. Lavon is one of the fastest-growing areas in Collin County, ensuring steady demand and long-term appreciation potential. Both units are currently tenant-occupied, providing immediate cash flow from day one. Don't miss out on this rare chance to own a high-performing income property in a location that truly sells itself.
Full Property Details
Full Property Details for 363 Armstrong Ln
General
- Price: $495,000
- HOA FEE: $160/month
- HOA FEE FREQ.: Annually
- Taxes: $4,070
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21214637
- Updated: 3/31/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Built-in Features, Eat-in Kitchen, High Speed Internet
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Ice Maker, Microwave, Refrigerator
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 4
- Covered Spaces: 4
- Total Spaces: 4
- Parking Features: Driveway, Garage Faces Front, Garage
Location
- County: Collin
- Subdivision: Grand Heritage - West C
- Driving Directions: Please use GPS
School Information
- Elem School District: Community ISD
- Midd School District: Community ISD
- High School District: Community ISD
- Elementary School: John & Barbara Roderick
- Middle School: Community Trails
- High School: Community
Community
- Association: Yes
- Assoc. Name: Lavon Grand Heritage HOA
- Assoc. Fees Include: All Facilities, Association Management, Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,202
- Sq. Ft. Source: Public Records
- Year Built: 2010
Lot Features
- Lot Size (Acres): 0.085
- Lot Size (Sq. Ft.): 3,702.6
Financial Considerations
- Association Fee: $1,920
- Assoc Fee Freq.: Annually
- Tax Amount: $4,070
Disclosures and Reports
- Legal Description: GRAND HERITAGE - WEST C (CLA), BLK E, LOT 18A
- Exclusions: Tenant personal property
- Property ID: R959100E018A1
- Block: E
- Lot Number: 18A
Listed by eXp Realty, LLC, Christopher Wright
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Schools
Schools serving 363 Armstrong Ln
School District:Community Independent School District
| Name | Grades | Distance |
|---|---|---|
Nesmith Elementary School 801 Presidents Boulevard, Lavon, TX 75166 | PK-5 | 1.1 mi |
Community High School 440 North Farm To Market 1138, Nevada, TX 75173 | 9-12 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 363 Armstrong Ln
Date
Details
Price
Change
Source
3/27/2026
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 363 Armstrong Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,988
4%
$219,000
-11%
2023
$4,774
-6%
$244,925
5%
2022
$5,055
—
$233,545
4%
2022
$5,055
16%
$224,610
21%
2021
$4,375
2%
$185,483
6%
2020
$4,288
7%
$174,994
—
2019
$4,022
16%
$174,620
20%
2018
$3,467
6%
$145,203
4%
2017
$3,285
3%
$139,629
4%
2016
$3,179
2%
$134,124
3%
2015
$3,109
7%
$130,193
7%
2014
$2,908
3%
$121,797
4%
2013
$2,813
—
$117,126
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 363 Armstrong Ln
363 Armstrong Lane, Lavon, TX 75166 (MLS# 21214637) is a Duplex property with 6 bedrooms and 4 full bathrooms. 363 Armstrong Lane is currently listed for $495,000 and was received on March 27, 2026. Want to learn more about 363 Armstrong Lane? Do you have questions about finding other Duplex real estate for sale in Lavon? You can browse all Lavon real estate or contact a Coldwell Banker agent to request more information.

