tomo logo

$440,000

Beds
4
Baths
3.0
sq ft
2,383

486 Colt Dr, Lavon, TX 75166

486 Colt Dr

Lavon, TX 75166

  • 18 days on market
***$5,000 in Closing Cost, 1 YEAR Home Warranty ***MULTI-GENERATIONAL STYLE HOME*** Built in 2022, this exceptional residence offers a perfect balance of modern design and everyday functionality. The home welcomes you with soaring 10-foot ceilings that enhance the open and airy feel. The primary suite is tucked away to one side of the home, while two additional bedrooms are positioned on the opposite home. The beautifully upgraded kitchen boasting a spacious island, LED under-cabinet lighting, ceiling-height cabinetry, and stunning white quartz countertops. A hot water dispenser adds an extra layer of convenience. Just past the kitchen and dining area, you'll find the MultiGeneration suite—an ideal private retreat with its own bedroom, ensuite bath with a walk-in shower, and a secondary living area featuring vaulted ceilings, a cozy gas fireplace, and built-in storage. Practical upgrades include a two-car garage with epoxy flooring, which can also be found on the back porch for easy upkeep. The back porch has a gas line for future owners to have the option for an outdoor kitchen. Exterior soffit outlets have been added for effortless lighting or security camera installation. Nestled in the highly desirable LakePointe community, this home offers access to amenities, including a pool, two playgrounds, a pavilion, and walking trails. Zoned for the brand-new Trails Middle School and the like-new Dodson Elementary, this home is move-in ready and waiting for its next owner. BRING ALL OFFERS! ALL REASONABLE OFFERS WILL BE CONSIDERED!

Details

Property type

Single Family Residence

Est. home value

$438,188

Lot size

8,407.08 sq ft

Price per sq ft

$185

Year built

2022

Annual property taxes

$8,455

Monthly HOA fee

$62.5

Price History

02/05/2025
NTREIS

NTREIS #20827883

Listed
$440,000
11/18/2024
NTREIS

NTREIS #20666993

Removed
07/31/2024
NTREIS

NTREIS #20666993

Price change
$453,000
-0.44%

Schools & Community

Elementary school: 

Mary Lou Dodson

Middle school: 

Community Trails

High school: 

Community

Community features: 

Pool

School district: 

Community ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$97,564
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$307,236
Cash to seller
$97,564

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Integrity Mortgage Corporation Of Texas

Loan start date

August 2022

Original loan amount

$317,800

Est. remaining balance

$307,236

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Dena Marie Smith and Gary Wayne Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/23/2025 at 11:45 AM

Listing updated: 02/17/2025 at 11:37 AM

Listed by: Karen Jacob, Standard Real Estate Phone #: (903) 245-4448

MLS: NTREIS #20827883

NTREIS logo

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