When was property at 502 Austin Lane built and last sold?

The property at 502 Austin Lane was built in 2009 and last sold on Aug 3, 2016 for $225,600.

How much is this home worth?

The estimated value of the home located at 502 Austin Lane is $0.

What are some comparable homes to 502 Austin Lane?

There are currently no comparable homes to 502 Austin Lane.

Lavon

75166

502 Austin Lane

$295,000

● House - Off Market

502 Austin Lane

Lavon, TX 75166

4 Beds

2 Baths

1,740 Ft²

$1,820

Est. Monthly

$346

HOA / Fees

7.04%

Cap Rate

About This Property

MOTIVATED seller will consider all reasonable offers. Don't miss this incredible opportunity to make this house your home. This property also qualifies for a USDA loan. Discover the perfect blend of comfort, space, and community in this beautifully updated 4-bedroom, 2-bath home situated in the desirable Grand Heritage Club of Lavon. This home's bright and open floor plan has many updates, including flooring, light fixtures, paint, and the primary bathroom. Other features include a wood-burning fireplace, large open kitchen, stainless appliances, split bedrooms, and a sizeable primary bedroom with a generous-sized walk-in closet. Outside, you will find a large, nicely fenced backyard and a fabulous 23x12 covered patio to enjoy year-round. Living in Grand Heritage provides access to a state-of-the-art clubhouse, swimming pools, fitness center, park, and walking trails, all within the charm of a tight-knit community, along with the convenience of nearby shopping, dining, Lake Lavon, and schools. ARKA Montissouri Academy and Einstein Brothers are coming soon to the area. Schedule your showing today!

Unit Size

1,740 Ft²

Days on Market

Land Size

0.17 acres

Price per sqft

$172

Property Type

House

Property Taxes

HOA Dues

$346

Year Built

2009

Payment Calculator

Cap Rate Calculator

Last updated: 12 months ago (NTREIS #20971633)

Price History

Date / Event	Date	Event
Nov 14, 2025	Sold	Premium
Sold
Oct 9, 2025	In contract	-
In contract
Aug 18, 2025	Price Decreased	$300,000 ↓ $21K (6.5%)
Price Decreased
Jul 16, 2025	Price Decreased	$321,000 ↓ $18K (5.2%)
Price Decreased
Jul 1, 2025	Price Decreased	$338,500 ↓ $11K (3.3%)
Price Decreased
Jun 19, 2025	Listed by Ebby Halliday, REALTORS	$349,900
Listed by Ebby Halliday, REALTORS

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2009

Effective Year Built: 2009
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 17
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 3
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 400
Parking Space Count: 2
Patio Type: 0
Porch Type: 139
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,475

Total Building Area: 2,140
Gross Building Area: 2,452
Building Area: 1,740
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,740
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: GRAND HERITAGE CLUB (CLA)
Land Acres: 0000000172
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: GRAND HERITAGE CLUB (CLA), BLK J, LOT 25

Neighborhood

School District Name: Community Independent School District

School Tax School District: COMMUNITY ISD
Census Tract: 031201

Geography

Assessors Map Reference: 644-S

District: CLA
Parcel: R-9032-00J-0250-1
Block: J
Lot: 25
Municipality: LAVON CITY
Latitude: 33.0237
Longitude: -96.445

Address

Full Address: 502 Austin Ln

Address - House Number: 502
Address - Street Name: Austin
Address - Suffix Type: Ln
State: TX
City Name: Lavon
Carrier Code: R002
4-Digit Zip Code: 1774
Zip Code: 75166

Valuation

Tax

Tax Year: 2023

Tax Amount: $613,465
Tax Rate Code Area: SCO

Appraisal Valuation

Standard Deviation: 0.214

Valuation Date: Jan 17, 2024
Confidence Score: 70
Final Value: 443,715
High Value: 538,682
Low Value: 348,749

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $321,512

Market Land Value: $93,500
Market Improvement Value: $228,012

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $321,512
Assessed Land Value: $93,500
Assessed Improvements Value: $228,012

Sales

Current Sale Contract Date: Aug 03, 2016

Current Sale Recording Date: Aug 05, 2016
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: 20160805001021040
Previous Sale Recording Date: Apr 17, 2014
Previous Sale Contract Date: Feb 21, 2014
Previous Sale Amount: $204,000
Previous Sale Document Type: 70

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lavon

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$168

Below Asking

0.03%

Average Days on Market

Average Home Size

2359 ft²

Average Home Age

9.1 years

Currently For Sale

34 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 500 Cottage Place, Lavon, TX, 75166

$2,650 /mo

4 Beds
2 Baths
2,247 ft²

500 Cottage Place, Lavon, TX, 75166 Listing by Sandra Girgis

Unit for rent at 601 Nature Stroll Road, Lavon, TX, 75166

$2,300 /mo

3 Beds
2 Baths
1,416 ft²

601 Nature Stroll Road, Lavon, TX, 75166 Listing by Angel Mitchell

Unit for rent at 472 Grant Lane, Lavon, TX, 75166

$2,500 /mo

5 Beds
3 Baths
2,924 ft²

472 Grant Lane, Lavon, TX, 75166 Listing by Andres Aviles

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Kelli Mitchell Wenzel, Ebby Halliday, REALTORS
Last Updated: 12 months ago
Data Source: NTREIS MLS, MLS# 20971633
Details provided by NTREIS and may not match the public record

502 Austin Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Lavon

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions