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$249,900

16107 CR 431, Lindale, TX, 75771

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,768 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.35 / sqft
Year BuiltBuilt in 1946

About this property

Charming East Texas home on 0.89 acres just outside the Lindale city limits! This 3-bedroom, 2-bath home offers 1,768 square feet of living space with the perfect blend of timeless character and important updates. Built in 1948, the home features updated plumbing and electrical and roof replaced in 2019 for added peace of mind. Inside, you’ll find a cozy wood-burning stove that creates a warm and inviting living space. Original hardwood floors add character throughout 80% of the home and present an excellent opportunity for a buyer to refinish them to their own style and bring them back to their original beauty. Outside, enjoy the spacious lot with plenty of room for gardening, entertaining, or future improvements. A rear carport provides covered parking and additional convenience. Located just minutes from all that Lindale has to offer while enjoying the benefits of being outside the city limits, this property is full of potential for homeowners and investors alike. Don’t miss your opportunity to own a piece of East Texas charm with room to make it your own!

Investor Tools

$0Estimated Mortgage Balance
$249,900Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Stephanie Taylor

Prime Capital Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Lindale