PERFECT location for your next business, housing development or convert existing structures into a business opportunity. Beautiful property with elevated views nestled between Rockwall and Lavon. Located on corner of SH 205 and CR 483. PRIME Property for commercial or housing development. Main home offers 3 large BR, towering ceilings, 2.5 baths and spacious eat-in kitchen. Manicured lawn, landscaped pool area, guest house above garage that also has 800 sq ft of storage. Two HUGE barns, one with office and locked storage, Gravel paths for easy access to barns, improved pastures for cattle or horses and woods with trails for family exploring. Make it a showplace, sell the highway frontage, tons of possibilities. Currently Zoned Ag with Exemption. Construction on widening SH 205 almost complete.
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.
An excellent property for a retail development, and can be divided, with lot sizes of one -half acre or more. Owner financing possible. Along the west frontage of State Hwy. 78, a six lane divided highway, and FM 6, it sits across Hwy 78 from the new 200 acre LakePointe Community currently under development. Adjoining that development is Elevon Community, a mixed use development of Approx. 1,600 acres with the first phase under construction. Lavon is experiencing explosive growth as residential development continues with these and other developments in process. This increase in residential development is adding to the need for commercial-retail development to service the increasing population in the area.
The median home value in Lavon, TX is $365,500. This is lower than the county median home value of $488,500. The national median home value is $338,100. The average price of homes sold in Lavon, TX is $365,500. Approximately 87.47% of Lavon homes are owned, compared to 12.53% rented, while 0% are vacant. Lavon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lavon real estate agent to arrange a tour today!
Lavon, Texas has a population of 4,412. Lavon is less family-centric than the surrounding county with 39.98% of the households containing married families with children. The county average for households married with children is 44.37%.
The median household income in Lavon, Texas is $100,714. The median household income for the surrounding county is $104,327 compared to the national median of $69,021. The median age of people living in Lavon is 34 years.
The average high temperature in July is 93.6 degrees, with an average low temperature in January of 32.4 degrees. The average rainfall is approximately 39.7 inches per year, with 0.8 inches of snow per year.