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$2,200,000

16218 Ridgeview Ln + 6 Additional Homes, Lindale, TX, 75771

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,620 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1,358.02 / sqft
Year BuiltBuilt in 2022

About this property

Other Homes in this 7 home, 100% Leased Investment Package: 213 Meadow Ln, Lindale, TX; MLS #26011981: 4/2/2, 1842 sqft, YOC 2022, $2300/mo; 227 Daisie Ln, Lindale, TX; MLS #26011983: 4/2/2, 1760 sqft, YOC 2020, $2200/mo; 692 White Bear Trl, Lindale, TX; MLS #26011977: 4/2.5/2m 1762 sqft, YOC 2016, $2450/mo 196 CR 2462, Mineola, TX; MLS #26011980: 4/2/2, 1754 sqft, YOC 2023, 1860/mo; 312 CR 2462, Mineola, TX; MLS #26011984: 4/2/2, 1941 sqft, YOC 2022, 2300/mo; 146 Rosemont, Mineola, TX; MLS #26011979: 2/2/2, 1208 sqft, YOC 2016. $1395/mo. 16218 Ridgeview Lane Description: 3/2/2, 1620 sqft, YOC 2022, $2250/mo; This Lovely Home sits in the highly desirable 'Crossings at Mission Ridge" Subdivision, just minutes from the hustle and bustle of downtown Lindale with easy access to I-20 & Hwy 69. Upon entering, this home greets you with it's open floorplan and picture windows that flood the home with natural light from the grassy backyard. The home boasts high ceilings throughout, premium finishes including Slab Granite Counters, Stainless-Steel Appliances, LVT Wood Flooring and Plush Carpeted Bedrooms. The Spacious Master Suite and Bath is equipped with an Oversized Tub/Shower, Double Vanities and Large Walk-In Closet. Laundry Room has lots of storage, roomy folding counter and drip-dry. The additional 2 guest bedrooms and giant fenced backyard with custom decking give plenty of space to spread out. Truly a Dream Lease Home! Just minutes from Hwy 69 and downtown Lindale, TX with easy access to Interstate 20 and Toll 49 to Tyler!

Investor Tools

$0Estimated Mortgage Balance
$2,200,000Estimated Equity
100% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

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Clayton Simpson

Simpson Realty Group

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Financing Details

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

City: Lindale

16218 Ridgeview Ln + 6 Additional Homes | Property Details | No Agent List