474 Colt Dr Lavon, TX 75166

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5 beds · 3 baths · 3,310 sq ft · Lot Size: 7,197 sq ft · Single Family Home
Est. Property Value: $502,275

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474 Colt Dr is in the 75166 neighborhood of Lavon, TX. It is located in Collin County and ZIP code 75166. This Single Family Home was built in 2022 and is approximately 3 years old. The single family home spans 3310 sq ft with 5 bedrooms and 3 bathrooms and sits on a 7197 sq ft lot. According to public records, it was last sold in 2022 for $499,900 and has a tax-assessed value of $495,949, which is $152 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 474 Colt Dr Lavon, TX 75166 with Property Intel by Whitepages.

474 Colt Dr

Lavon, TX 75166

Owner Info

Owners & Occupancy for 474 Colt Dr

This property is owned by Andre M Conton. Owner contact information includes 7 phone numbers and 2 email addresses.

Property Owners

OccupationInjury Claims Specialist, State Farm
Cell Phone(309) ***-****View Cell Phone
Residence*********
Landline(309) 862-4005
Distance from Property**********
Email Address**********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 60
Resident 2**********
Resident 3************** age 57

Property Financials for 474 Colt Dr

474 Colt Dr, Lavon, TX has a mortgage from Prosperity Hm Mtg Llc (orig. October 27, 2022). The Collin county assessment for 2023 values it at $495,949, with annual taxes of $9,463.

Mortgage & Equity Information

Loan Amount$******
LenderProsperity Hm Mtg Llc
Origination DateOctober 27, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity

Property Tax

Purchase DateOctober 27, 2022
Property Tax Amount$9,463 in 2023
Purchase Price$499,900
Assessed Value$495,949 on 2023

Investment Potential for 474 Colt Dr

The property has a current estimated value of $502,275, which is 24% above the zip median, based on public records. It last sold on October 27, 2022 for $500K. Projected long-term
is $48,600 annually ($4,050 per month) with a 99% occupancy rate.

Discover more Single Family Homes in 75166.

Long-Term

Gross Rental
$48,600 per year($4,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
99%in 75166 zip code
 
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Property Details for 474 Colt Dr

Property Details

Property Sq Ft

Living Area

3,310 sq ft

35% above market

Lot Size

7,197 sq ft

1% above market

Price Per Sq Ft

Living Area

$152 / sq ft

10% below market

Lot Size Area

$70 / sq ft

32% above market

Property condition, age, exterior, etc. for 474 Colt D…
Longitude: -96.42365 Latitude: 33.034414 Parcel Number (APN): R-12532-00U-0020-1…

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Discover more single family homes near 474 Colt Dr in Lavon, Texas. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 474 Colt Dr in Collin County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$502,275
$430,831
$71,443 (17%)
YoY Price Change
Year Built
2022
2003
19 years
Living Space
3,310 sq ft
2,716 sq ft
594 (22%)
$ Per Living Sq Ft
$152
$163
-$11 (-7%)
Lot Size
7,197 sq ft
8,628 sq ft
-1431 (-17%)
$ Per Lot Sq Ft
$70
$50
$20 (40%)

Net Operating Income
$17,336
$11,634 (67%)
Annual Revenue
$48,600
$34,200
$14,400 (42%)
$16,279
$3,351 (21%)
Net Operating Income
$17,336
$11,634 (67%)
Cap Rate
4.34%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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