542 Franklin Ln, Lavon, TX 75166
OFF MARKET

$369,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 2,046 sqft

542 Franklin Ln, Lavon, TX 75166

Est. Refi. Payment $2,476/mo*
Refinance Your Home

Home Value

Trulia Estimate
$370K
Since last month
Decreased$6K (-1.6%)
Since last year
Decreased$14K (-3.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -9% in the last 10 years
MonthEstimated value
2026
August 2026$371K
August 2026$370K
July 2026$377K
June 2026$379K
May 2026$384K
April 2026$381K
March 2026$383K
February 2026$384K
January 2026$383K
2025
2024
2023
2022

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
-
08/18/26
3
2
1,582
0.13
Single-Family Home
-
10/03/25
3
2.5
2,059
0.33
Single-Family Home
-
01/30/26
4
2
2,014
0.33
Single-Family Home
-
02/26/26
3
2
1,631
0.33
Single-Family Home
-
01/30/26
4
2
1,935
0.33
Single-Family Home
-
03/13/26
3
2
1,537
0.12
Single-Family Home
-
10/06/25
4
3
2,916
0.12
Single-Family Home
-
10/17/25
4
3
2,916
0.13
Single-Family Home
-
01/15/26
4
3
2,504
0.13
Single-Family Home
-
10/27/25
4
3
2,513

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$293,100
4
2
1,649
Off Market
0.07
$280,200
3
2
1,604
Off Market
0.08
$329,600
4
2.5
2,337
Off Market
0.08
$280,300
3
2
1,604
Off Market
0.08
$281,400
4
2
1,649
Off Market
0.08
$289,900
4
2
1,649
Off Market
0.12
$505,300
4
3
2,916
Off Market
0.12
$531,900
4
3.5
2,944
Off Market
0.12
$537,900
4
3
2,916
Off Market
0.12
$572,500
4
3.5
2,895
Off Market
0.12
$616,700
4
3
3,014
Off Market

Local Information

  • Map ViewExplore the area around 542 Franklin Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2021
2,046 sqft
$181/sqft
3 Car Garage
HOA $100/mo

About this House

Beautiful home with stunning curb appeal. Wood look floors adorn the entry hall, kitchen, & family room. Gourmet kitchen with wood cabinets, granite counters, center island, & stainless appliances. Primary Bedroom is roomy & perfect for king size furniture. Primary bath with separate shower & garden soaking tub. BONUS room is an approx 175 sq ft walk in closet with vanity dressing area. Perfect for the extras. Large Backyard with covered patio is perfect for outdoor living & entertaining. Extended garage to fit a boat or longer vehicle. This home is a MUST SEE!

The house has a central alarm monitored with Guardian.. this will convey to the buyer. Property is in SUD utility district ..
542 Franklin Ln, Lavon, TX 75166 is a 3 bedroom, 2 bathroom, 2,046 sqft single-family home built in 2021. It last sold for the $399,000 asking price on May 7, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $369,500, with a rent estimate of $2,426/month.
Last check for updates: about 1 hour ago
Listed by Christena Edwards 0757745, (214) 577-9750
Live Local, LLC, (214) 577-9750
Bought with: Brenda Debus, Post Oak Realty, LLC, (940) 384-7355
Source: NTREIS, MLS#20527915

Home Details for 542 Franklin Ln

Interior Features

Interior Details
Number of Rooms: 2Types of Rooms: Master Bedroom, Bonus Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2046 Square Feet
Appliances & Utilities
Utilities: OtherAppliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, DisposalDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,Laundry in Utility Room
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Tile
Security
Security: Security System Leased, Security System, Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Security Service

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Other, CoveredFencing: Privacy, WoodFoundation: Slab
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageParking Spaces: 3Parking: Additional Parking,Boat,Door-Multi,Garage Faces Front
Pool
Pool: None
Frontage
Not on Waterfront

Days on Market

Cumulative Days on Market: 40

Property Information

Year Built
Year Built: 2021
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Detached
Building
Not Attached Property
Property Information
Not Included in Sale: Two Chandeliers in the bonus vanity/extra closet.Parcel Number: R1212400B01401

Price & Status

Price
List Price: $399,000
Status Change & Dates
Possession Timing: Close Plus 30 to 60 Days

Active Status

MLS Status: Closed

Location

Direction & Address
City: LavonCommunity: Traditions At Grand Heritage, Ph 2
School Information
Elementary School: NesmithElementary School District: Community ISDJr High / Middle School: Leland EdgeJr High / Middle School District: Community ISDHigh School: CommunityHigh School District: Community ISD

Community

Not Senior Community

HOA

HOA Fee Includes: All FacilitiesHOA Name: Lavon Grand HeritageHOA Phone: 972-843-4222Has an HOAHOA Fee: $300/Quarterly

Lot Information

Lot Area: 8276.4 sqft

Miscellaneous

Mls Number: 20527915Living Area Range Units: Square FeetAttribution Contact: 214-577-9750Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48085-N-R1212400B01401-R-N

Price and Tax history

DateEventPrice
May 7, 2024
Source: NTREIS #20527915
Sold
--
Mar 31, 2024
Source: NTREIS #20527915
Pending
$399,000
Mar 26, 2024
Source: NTREIS #20527915
Contingent
$399,000
Mar 7, 2024
Source: NTREIS #20527915
PriceChange
$399,000
Price decreased by 5%
Feb 14, 2024
Source: NTREIS #20527915
Listed For Sale
$420,000

Market trends in Lavon

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
โ€”
Sale-to-List Price
โ€”
Price per sq ft
โ€”
Available listings
105
7
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lavon

At least 23 Trulia users voted on each feature.
  • 95 % Say parking is easy

  • 93 % Say yards are well-kept

  • 91 % Say car is needed

  • 86 % Say it's dog friendly

  • 86 % Say kids play outside

  • 85 % Say it's quiet

  • 81 % Say there's holiday spirit

  • 76 % Say people would walk alone at night

  • 70 % Say there are sidewalks

  • 64 % Say streets are well-lit

  • 63 % Say neighbors are friendly

  • 52 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 35 % Say there are community events

  • 16 % Say it's walkable to restaurants

  • 10 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Iโ€™ve lived in this neighborhood for five years people are friendly and look out for each other. It has been a safe environment"
  • Shaakirah C.
    "Safe, rural area. Still up and coming- lots of new built houses. There is still some construction but such a nice neighborhood to live in."
  • James R.
    "it's good kinda bougiouse. some of the parents let there kids fo watever they want. and some people call if your playing music in your backyard "
  • Jasonconway
    "I live in this neighborhood since April 2018 The neighborhood is nice and quiet with friendly neighbors "
  • Swilloughby55
    "Iโ€™ve lived here 13 years , no crime, friendly neighbors, great schools and a wonderful place to raise a family "
  • Jaredbasinger
    "Amazing neighborhood, great parks and clubhouse. Awesome schools and wonderful amenities."
  • toby s.
    "I have lived here for 11 years. Most of this time, we left the doors unlocked (except for night time). I know the police chief and everyone watches out for each other. In fact, I accidentally left the door of my truck open one night. The neighbor sent a text message the next morning asking if everything was ok beause the neighbor across the street said that the police were at the house. It turns out that the police saw the truck door open, shut it, and left a note in the truck reccomending to shut the truck door at night! This is the safest area that I have lived in within the Dallas area and I have lived in Dallass my entire life. Everyone knows each other and this is a community where your kids can stay out "until the street lights come on". Just like in the 60's and 70's when I was a kid. All of the parents watch out for the other kids. its a GREAT area! As far as schools go, they may not be the best compared to highland park or West Plano, but you DO know the teachers and principles on a name by name basis. Again, everyone knows each other here and everyone looks out for one another. "

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 542 Franklin Ln

  • What is 542 Franklin Ln estimated to be worth?
    Trulia's estimated value for 542 Franklin Ln in Lavon, TX is $369,500.
  • What is the price history for 542 Franklin Ln?
    542 Franklin Ln in Lavon, TX last sold in May 2024.
  • Is Lavon a buyer's or seller's market?
    Lavon is currently a balanced market, based on recent for-sale activity.
  • What do residents say about Lavon?
    Residents describe Lavon, TX as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Lavon, TX.
  • Does 542 Franklin Ln have air conditioning?
    Yes, 542 Franklin Ln in Lavon, TX has air conditioning.
  • Does 542 Franklin Ln have laundry facilities?
    Yes, 542 Franklin Ln in Lavon, TX has laundry facilities.

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