CashFlowRE
Sign in Sign up
537 Epiphany Ln
D- Composite 38.93
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +15.0/15.0
  • Cash flow +8.4/30.0
  • 1% rule +3.3/10.0
  • Livability +3.3/5.0
  • Schools +3.2/10.0
  • Rent growth +2.5/5.0
  • DSCR +2.3/10.0
  • Condition / age +1.0/5.0
  • Appreciation +0.0/10.0

$263,990

537 Epiphany Ln · Lavon, TX 75166
3 bd · 2.0 ba · 1,429 sqft · SingleFamily · 112 Days on market
Built 2026 Poor condition 4,792 sqft lot $185/sqft · 18% below area Est $320k · 18% under $155/mo HOA · 7% of rent ↓ 7% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 537 Epiphany Lane at Elevon in Lavon, TX! This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include Energy Star Certified features, a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

Key facts

  • Led lighting
  • Island kitchen
  • Covered patio

Tags

COVERED PATIOISLAND KITCHENGRANITE COUNTERSLED LIGHTINGFULL SPRINKLER SYSTEMPROXIMITY TO LAKE LAVON

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath single-family listed at $264k. Condition is rated poor.

Deal economics

  • At list price, monthly cash flow is $-364 ($-4k/yr) — negative.
  • To cash-flow at today's rent, offer at most $211k (20.0% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $220k (16.5% below list).
  • Recommended offer: $211k (20.0% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 66/100 on livability (#588 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, cost of living B; Watch: amenities F, commute F, health & safety F.
  • Community ISD (rural): math 30% / reading 38% proficiency, ranked #479 of 826 in TX (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Leland E Edge Middle (math 25% / reading 35%, grade F, #1,056 of 1,662 statewide, top 65%, 931 students, 53% FRL) — zoned schools average 53% FRL vs 36% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: 640 active listings in the ZIP; 38 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 19,194 units permitted in Collin County in 2024 (3,988 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Collin County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 112 days — a 9% lower offer ($240k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $20k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: flood insurance adds $125/mo.
  • Climate carrying-cost: in FEMA flood zone A (mandatory federal flood insurance); major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $211,288 (20.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 112 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
  3. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.83%
Cap rate
5.21%
Cash-on-cash
-3.88%
DSCR
0.83
GRM
10.0

CMA / ARV

ARV (median comp)
$320,360
List price
$263,990
Delta
-17.60%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
549 Epiphany Ln 0.00mi 3/2.0 1,429 (0%) 2mo $268,990 $188 98
521 Epiphany Ln 0.23mi 3/2.0 1,429 (0%) 2mo $259,990 $182 88
653 Glee Stem Rd 0.00mi 3/2.0 1,537 (+8%) 2mo $314,990 $205 86
424 Epiphany Ln 0.17mi 3/2.0 1,631 (+14%) 1mo $333,990 $205 68
822 Sunflower 0.58mi 3/2.0 1,472 (+3%) 0mo $269,854 $183 67
881 River Ln 0.62mi 3/2.0 1,503 (+5%) 1mo $282,990 $188 62
868 Sunflower Rd 0.60mi 3/2.0 1,504 (+5%) 2mo $282,990 $188 62
858 River Ln 0.65mi 3/2.0 1,504 (+5%) 1mo $282,990 $188 60
1230 Bellflower Rd 0.65mi 3/2.0 1,335 (-7%) 1mo $272,990 $204 58
946 Olive Dr 0.42mi 3/2.0 1,628 (+14%) 1mo $306,990 $189 57
965 Dahlia Dr 0.46mi 3/2.0 1,232 (-14%) 2mo $259,990 $211 54
872 Sunflower Rd 0.61mi 3/2.0 1,237 (-13%) 2mo $267,990 $217 48

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-26.3%
Equity multiple
0.11×
Total profit
$-65,769
Equity at exit
$39,362
10-year hold
IRR
-23.0%
Equity multiple
-0.17×
Total profit
$-86,306
Equity at exit
$22,825

Cash invested: $73,917 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 75166

Home prices YoY
-9.9%
Active inventory
640
Price-to-rent
10.0×

Monthly cashflow live

Estimated rent
$2,203 high interval (Pro) →
Mortgage (P&I)
$1,384
Tax est. 1.5%
$330 /mo · $3,960/yr
Insurance
$110
Flood insurance flood zone
−$125 /mo · $1,502/yr
HOA
$155
Vacancy / Maint / Mgmt
$463
Net cashflow
$-364

Break-even live

Break-even rent $2,664
Max offer price $211,288
Occupancy floor

Sensitivity live

Price -10% $-182 -5% $-273 +0% $-364 +5% $-455 +10% $-547
Rent -10% $-538 -5% $-451 +0% $-364 +5% $-277 +10% $-190
Rate -1.0pp $-231 -0.5pp $-297 base $-364 +0.5pp $-433 +1.0pp $-502

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$65,998
Closing costs
$7,920
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 38 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
755 Revere Ln Lavon, TX 3.0 2.0 1829 $2,100 $1.15 26d 1 0.15mi
744 Devonshire Dr Lavon, TX 3.0 2.0 1589 $1,849 $1.16 7d 1 0.17mi
759 Crestridge Dr Lavon, TX 3.0 2.0 1827 $2,000 $1.09 14d 1 0.21mi
787 Wellington Dr Lavon, TX 3.0 2.0 1429 $1,900 $1.33 45d 1 0.22mi
772 Wellington Dr Lavon, TX 3.0 2.0 1459 $1,850 $1.27 45d 1 0.23mi
684 Crestridge Dr Lavon, TX 3.0 2.0 1634 $1,850 $1.13 45d 1 0.24mi
600 Crestridge Dr Lavon, TX 4.0 2.0 1827 $2,300 $1.26 45d 1 0.25mi
760 Richmond Dr Lavon, TX 4.0 2.0 1779 $3,000 $1.69 45d 1 0.25mi
575 London Dr Lavon, TX 3.0 2.0 1589 $1,950 $1.23 17d 1 0.28mi
557 London Dr Unit 557LD Lavon, TX 3.0 2.0 1769 $2,000 $1.13 8d 1 0.29mi
766 Camden Dr Lavon, TX 3.0 2.0 1802 $6,200 $3.44 4d 1 0.30mi
778 Camden Dr Lavon, TX 3.0 2.0 1636 $1,750 $1.07 14d 1 0.30mi
536 London Dr Lavon, TX 3.0 2.0 1589 $1,950 $1.23 17d 1 0.33mi
509 London Dr Lavon, TX 3.0 2.0 1769 $2,000 $1.13 45d 1 0.33mi
946 Olive Dr Lavon, TX 3.0 2.0 1628 $2,650 $1.63 8d 1 0.44mi
872 Sunflower Rd Lavon, TX 3.0 2.0 1237 $2,000 $1.62 8d 1 0.61mi
382 Armstrong Ln Lavon, TX 3.0 2.5 1308 $1,795 $1.37 22d 1 0.62mi
393 Orbit Dr Lavon, TX 3.0 2.0 1268 $1,750 $1.38 20d 1 0.62mi
366 Armstrong Ln Lavon, TX 3.0 2.0 1268 $1,750 $1.38 26d 1 0.62mi
387 Orbit Dr Lavon, TX 3.0 2.5 1361 $1,775 $1.30 18d 1 0.63mi
858 River Ln Lavon, TX 3.0 2.0 1504 $2,200 $1.46 18d 1 0.65mi
355 Armstrong Ln Lavon, TX 3.0 2.0 1268 $1,695 $1.34 26d 1 0.66mi
365 Orbit Dr Lavon, TX 3.0 2.5 1361 $1,795 $1.32 4d 1 0.67mi
366 Schirra Ct Lavon, TX 3.0 2.0 1165 $1,650 $1.42 45d 1 0.67mi
332 Schirra Ct Lavon, TX 3.0 2.0 1202 $1,695 $1.41 22d 1 0.70mi
332 Schirra Ct Lavon, TX 3.0 2.0 1202 $1,695 $1.41 26d 1 0.70mi
345 Orbit Dr Lavon, TX 3.0 2.0 1268 $1,685 $1.33 45d 1 0.71mi
341 Orbit Dr Lavon, TX 3.0 2.5 1361 $1,795 $1.32 45d 1 0.72mi
339 Orbit Dr Lavon, TX 3.0 2.5 1361 $1,795 $1.32 45d 1 0.72mi
471 Harding Ln Lavon, TX 4.0 2.0 1645 $1,950 $1.19 45d 1 0.77mi
315 Orbit Dr Lavon, TX 3.0 2.0 1268 $1,750 $1.38 45d 1 0.77mi
305 Orbit Dr Lavon, TX 3.0 2.0 1268 $1,695 $1.34 45d 1 0.78mi
476 Eisenhower Ln Lavon, TX 3.0 2.0 1544 $1,875 $1.21 22d 1 0.81mi
436 Grant Ln Lavon, TX 3.0 2.0 1755 $2,299 $1.31 5d 1 0.84mi
590 Arthur Dr Lavon, TX 3.0 2.0 1556 $1,850 $1.19 45d 1 0.86mi
579 White Water Dr Lavon, TX 3.0 2.0 1838 $2,000 $1.09 26d 1 1.14mi
200 Villas Dr Lavon, TX 1.0–2.0 1.0–2.0 873 $1,918 $2.20 0d 5 1.36mi
151 Villas Dr Lavon, TX 3.0 1.0–3.0 871 $2,345 $2.69 0d 104 1.43mi

HOA detail

Monthly dues
$155 · $1,860/yr
Likely covers
security

Listing history 15 events

  1. 2026-06-02
    status $263,990 Pending 112 DOM
  2. 2026-06-01
    days on market $263,990 Active 112 DOM
  3. 2026-05-31
    days on market $263,990 Active 111 DOM
  4. 2026-05-12
    price $263,990 1500-char remark
    Show marketing remark (1500 chars)

    Welcome to 537 Epiphany Lane at Elevon in Lavon, TX! This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include Energy Star Certified features, a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  5. 2026-05-11
    price $263,990 677-char remark
    Show marketing remark (677 chars)

    New! Spacious single story, three bedrooms, two full baths, with nice covered patio. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! Perfectly situated on FM 6, just half a mile from Highway 78, Elevon provides easy access to Farmersville, Rockwall, and neighboring towns. Enjoy the proximity to Lake Lavon, just 1-mile away, where you can indulge in camping, picnicking, and various outdoor activities. Don't miss out on the opportunity to make Elevon your new home. Contact us today to schedule a tour and discover the endless possibilities that await you.

  6. 2026-05-01
    price $266,990 1500-char remark
    Show marketing remark (677 chars)

    New! Spacious single story, three bedrooms, two full baths, with nice covered patio. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! Perfectly situated on FM 6, just half a mile from Highway 78, Elevon provides easy access to Farmersville, Rockwall, and neighboring towns. Enjoy the proximity to Lake Lavon, just 1-mile away, where you can indulge in camping, picnicking, and various outdoor activities. Don't miss out on the opportunity to make Elevon your new home. Contact us today to schedule a tour and discover the endless possibilities that await you.

  7. 2026-05-01
    price $266,990 677-char remark
    Show marketing remark (677 chars)

    New! Spacious single story, three bedrooms, two full baths, with nice covered patio. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! Perfectly situated on FM 6, just half a mile from Highway 78, Elevon provides easy access to Farmersville, Rockwall, and neighboring towns. Enjoy the proximity to Lake Lavon, just 1-mile away, where you can indulge in camping, picnicking, and various outdoor activities. Don't miss out on the opportunity to make Elevon your new home. Contact us today to schedule a tour and discover the endless possibilities that await you.

  8. 2026-04-06
    price $271,990 677-char remark
    Show marketing remark (677 chars)

    New! Spacious single story, three bedrooms, two full baths, with nice covered patio. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! Perfectly situated on FM 6, just half a mile from Highway 78, Elevon provides easy access to Farmersville, Rockwall, and neighboring towns. Enjoy the proximity to Lake Lavon, just 1-mile away, where you can indulge in camping, picnicking, and various outdoor activities. Don't miss out on the opportunity to make Elevon your new home. Contact us today to schedule a tour and discover the endless possibilities that await you.

  9. 2026-04-04
    price $271,990 1500-char remark
    Show marketing remark (1500 chars)

    Welcome to 537 Epiphany Lane at Elevon in Lavon, TX! This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include Energy Star Certified features, a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  10. 2026-03-12
    price $269,990 1500-char remark
    Show marketing remark (1500 chars)

    Welcome to 537 Epiphany Lane at Elevon in Lavon, TX! This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include Energy Star Certified features, a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  11. 2026-03-11
    price $269,990 677-char remark
    Show marketing remark (677 chars)

    New! Spacious single story, three bedrooms, two full baths, with nice covered patio. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! Perfectly situated on FM 6, just half a mile from Highway 78, Elevon provides easy access to Farmersville, Rockwall, and neighboring towns. Enjoy the proximity to Lake Lavon, just 1-mile away, where you can indulge in camping, picnicking, and various outdoor activities. Don't miss out on the opportunity to make Elevon your new home. Contact us today to schedule a tour and discover the endless possibilities that await you.

  12. 2026-02-25
    price $284,990 677-char remark
    Show marketing remark (677 chars)

    New! Spacious single story, three bedrooms, two full baths, with nice covered patio. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! Perfectly situated on FM 6, just half a mile from Highway 78, Elevon provides easy access to Farmersville, Rockwall, and neighboring towns. Enjoy the proximity to Lake Lavon, just 1-mile away, where you can indulge in camping, picnicking, and various outdoor activities. Don't miss out on the opportunity to make Elevon your new home. Contact us today to schedule a tour and discover the endless possibilities that await you.

  13. 2026-02-19
    price $284,990 1500-char remark
    Show marketing remark (1500 chars)

    Welcome to 537 Epiphany Lane at Elevon in Lavon, TX! This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include Energy Star Certified features, a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

  14. 2026-02-09
    listed $283,490 Active 677-char remark
    Show marketing remark (677 chars)

    New! Spacious single story, three bedrooms, two full baths, with nice covered patio. Home includes, island kitchen, granite counters throughout, LED lighting, full sprinkler system, professionally engineered post tension foundation, and so much more! Perfectly situated on FM 6, just half a mile from Highway 78, Elevon provides easy access to Farmersville, Rockwall, and neighboring towns. Enjoy the proximity to Lake Lavon, just 1-mile away, where you can indulge in camping, picnicking, and various outdoor activities. Don't miss out on the opportunity to make Elevon your new home. Contact us today to schedule a tour and discover the endless possibilities that await you.

  15. 2026-02-04
    listed $283,490 Active 1500-char remark
    Show marketing remark (1500 chars)

    Welcome to 537 Epiphany Lane at Elevon in Lavon, TX! This beautiful Express Series home plan offers a blend of comfort and functionality, designed to accommodate a variety of lifestyles. The exterior of the home includes a custom and architecturally designed elevation. The front exterior of the home boasts divided light windows and a front facing garage with decorative hardware and handles on the garage door. Enter the home through the covered front porch that leads to the raised panel fiberglass insulated front door (decorative front door options are available for upgrade). Opening the door will lead you to a foyer entry that invites you to the rest of the home. The kitchen features 30" cabinets with hidden hinges, granite or quartz countertops, and stainless-steel appliances. The kitchen layout includes a built-in sink, dishwasher and large pantry for plenty of storage space. The large primary bedroom features an adjoined bathroom that will make getting ready in the mornings feel like a dream. The elongated vanity includes a sink, non-framed mirror and plenty of counter space. The primary bathroom also includes a walk-in shower and walk-in closet. This plan includes laminate wood plank in living areas and ½" carpet in bedrooms. Additional bonus features include Energy Star Certified features, a user-friendly smart home system and an innovative tech package. Photos shown here may not depict the specified home and features. Contact us today for more details!

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 9/10 Extreme FEMA zone A · 99% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$26,436
− Mortgage interest
−$14,788
− Property taxes
−$3,960
− Insurance
−$2,822
− Repairs & maintenance
−$2,115
− Management
−$2,115
− HOA
−$1,860
− Depreciation
−$7,680
Taxable loss
−$8,903
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,137
After-tax cash flow
$-2,234/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 2 photos

Poor 20/100 Extensive rehab

This property requires extensive repairs and updates to bring it up to a livable condition. Significant structural and aesthetic improvements are needed to increase its resale and rental value.

Repairs flagged

  • Major exterior siding — Significant damage and weathering
  • Major roof — Missing shingles and potential water damage
  • Major flooring — Worn and in need of replacement
  • Major interior walls/paint — Water damage and peeling paint
  • Major kitchen — Outdated and in need of updates
  • Major bathrooms — Damaged and in need of updates
  • Major HVAC/mechanicals — Old and may need replacement
  • Major landscaping — Sparse and in need of improvement

Value-add opportunities

  • Both exterior siding and roof repair — Improves curb appeal and structural integrity
  • Both kitchen and bathroom updates — Enhances functionality and aesthetics
  • Both HVAC replacement — Improves comfort and energy efficiency
  • Both landscaping and curb appeal improvements — Enhances overall property value and appeal

Renovation cost estimate screening

Repair itemSeverityEst. cost
exterior siding · Significant damage and weathering Major $15,000–50,000
roof · Missing shingles and potential water damage Major $15,000–50,000
flooring · Worn and in need of replacement Major $15,000–50,000
interior walls/paint · Water damage and peeling paint Major $15,000–50,000
kitchen · Outdated and in need of updates Major $15,000–50,000
bathrooms · Damaged and in need of updates Major $15,000–50,000
HVAC/mechanicals · Old and may need replacement Major $15,000–50,000
landscaping · Sparse and in need of improvement Major $15,000–50,000
Total estimated repair cost · 8 items $120,000–400,000

Value-add ROI direction

  • Both exterior siding and roof repair — Improves curb appeal and structural integrity
  • Both kitchen and bathroom updates — Enhances functionality and aesthetics
  • Both HVAC replacement — Improves comfort and energy efficiency
  • Both landscaping and curb appeal improvements — Enhances overall property value and appeal

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Community ISD
NCES district ID
4814850
Math proficiency
30% ▼ -23.00%
Reading proficiency
38% ▼ -11.00%
Median HH income
$71,841
Composite
31.58/100
National rank
#5951
State rank
#479 of 826 in TX

Livability — Lavon

Score
66/100
State rank
#588
US rank
#11230

Category grades

Amenities F Commute F Cost of living B Crime B- Employment A+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Lavon, TX
County
Collin County · 1,159,394 people
City population
6,989
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
6,989
Household income
$132,101
Rent vs Own
9.1% rent · 90.9% own
Severe rent burden
41.0

Population outlook (Collin County) Hauer SSP2

Today (2025)
1,210,074 people
By 2030
1,358,201 · +12.2%
By 2040
1,654,061 · +36.7%
By 2050
1,937,359 · +60.1%
By 2075
2,567,039 · +112.1%
By 2100
2,952,048 · +144.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.63)
Race & ethnicity
White 55% Hispanic / Latino 24% Two or more races 15% Black 7% Asian 4% Native American 2% Pacific Islander 1%
Hispanic origin (detail)
Mexican 15% Puerto Rican 3%
Common ancestry
Slovak 2% Serbian 2% Lithuanian 2%
Foreign-born
8% · Canada
Languages at home
84% English-only · Spanish 11% Other Indo-European 3% Arabic 1%

Political lean MEDSL · Collin

2024 margin
R (+11.1) · D 43.1% · R 54.3% · Other 2.6%
2008→2024 swing
+14.4pp toward D · 2008: -25.6pp · 2024: -11.1pp
All cycles
2024: R+11.1 2020: R+4.3 2016: R+17.0 2012: R+31.6 2008: R+25.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -24.22%
Current HPI
221.0
Rent YoY
Metro
Dallas-Fort Worth-Arlington, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

-6.9% since first listed
12 events — show timeline
  • 2026-05-12 Price Changed $263,990 Zillow
  • 2026-05-11 Price Changed $263,990 NTREIS
  • 2026-05-01 Price Changed $266,990 Zillow
  • 2026-05-01 Price Changed $266,990 NTREIS
  • 2026-04-06 Price Changed $271,990 NTREIS
  • 2026-04-04 Price Changed $271,990 Zillow
  • 2026-03-12 Price Changed $269,990 Zillow
  • 2026-03-11 Price Changed $269,990 NTREIS
  • 2026-02-25 Price Changed $284,990 NTREIS
  • 2026-02-19 Price Changed $284,990 Zillow
  • 2026-02-09 Listed $283,490 NTREIS
  • 2026-02-04 Listed $283,490 Zillow

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…