StatusAccepting Backup Offers (Active Under Contract)
About 408 Geren Dr
**Offer Deadline for highest and best 5pm Sat. May 4, 2024** Calling all rehab enthusiasts! This 3-bedroom, 2-bathroom brick home in Lavon boasts a spacious lot over half an acre. The property features potential galore, but be aware there's work to be done. A previous fire damaged the living area, and due to health reasons the owner is unable to complete renovations. This as-is sale offers a chance to customize and create your dream home at a fantastic price. Don't miss out on this opportunity to unlock the property's full potential!
Last updated on: 5/15/2024, 12:20:42 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,208
$232,205
2020
$4,625
$208,450
2019
$4,480
$198,633
2018
$4,481
$187,657
2017
$4,014
$170,597
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,190
Per Month
Principal & Interest
$1,123
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$741
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Nesmith Elementary School
801 Presidents Blvd
Distance between this listing and this school0.45 miles
Public District Grades PK-2
3
/10
McClendon Elementary School
601 N Fm 1138
Distance between this listing and this school4.17 miles
Public District Grades 3-5
Middle School
4
/10
Leland E Edge Middle School
615 N Fm 1138
Distance between this listing and this school5.44 miles
Public District Grades 6-8
High School
3
/10
Community High School
620 N Fm 1138
Distance between this listing and this school4.29 miles
Public District Grades 9-12
Assigned Schools
4
/10
Nesmith Elementary School
801 Presidents Blvd
Distance between this listing and this school0.45 miles
Public District Grades PK-2
3
/10
McClendon Elementary School
601 N Fm 1138
Distance between this listing and this school4.17 miles
Public District Grades 3-5
Nearby Schools
9
/10
Nebbie Williams Elementary School
350 Dalton Rd
Distance between this listing and this school3.86 miles
Public District Grades KG-6
Assigned Schools
4
/10
Leland E Edge Middle School
615 N Fm 1138
Distance between this listing and this school5.44 miles
Public District Grades 6-8
Nearby Schools
7
/10
J. W. Williams Middle School
625 E Fm 552
Distance between this listing and this school3.85 miles
Public District Grades 7-8
8
/10
Grady Burnett Jr High School
516 Hilltop Ln
Distance between this listing and this school5.30 miles
Public District Grades 7-8
Assigned Schools
3
/10
Community High School
620 N Fm 1138
Distance between this listing and this school4.29 miles
Public District Grades 9-12
Nearby Schools
6
/10
Wylie East High School
3000 E Stone Rd
Distance between this listing and this school3.28 miles
Public District Grades 9-12
3
/10
Achieve Academy
300 Pirate Dr
Distance between this listing and this school5.18 miles
The neighbors living near this home have an average income of $74,583. Residents of Collin County, TX typically earn between $35k-100k each year. Most families are married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 408 Geren Dr
What is the listing price of this property?
The listing price of 408 Geren Dr property is $225,000.
What type of property is this?
The property 408 Geren Dr is a house located in Lavon, Texas, 75166.
Is this property for sale now?
Accepting Backup Offers: 408 Geren Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 408 Geren Dr are: Nesmith Elementary School: GreatSchools Rating 4/10McClendon Elementary School: GreatSchools Rating 3/10Leland E Edge Middle School: GreatSchools Rating 4/10Community High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,208 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 408 Geren Dr has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 408 Geren Dr is 1,495 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 408 Geren Dr is 2003.
This home is located at 408 Geren Dr in Lavon, TX and zip code 75166 in the Windmill Estates neighborhood. This 1,495 square foot home, which was built in 2003, sits on a 0.54 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 28, 2024 and is currently priced at $225,000.
Between March 2024 and April 2024, Collin County, TX real estate market has seen increase in the number of listings by 18.8%. In April 2024, listings were on the market for 55 days. During the same period, the median list price in this real estate market was $539,279.
From Rocket Homes Real Estate and based on county public records data.