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$450,000

NAL Estimated Property Value

19915 69 N, Lindale, TX, 75771

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About this property

Approximately 4.37 acres of land for sale along Highway 69 in Lindale, TX, located just outside city limits. This prime property offers an excellent opportunity for the development of a convenience store or retail establishment. Positioned in a high-traffic area, the site is surrounded by several upcoming retail and multi-family developments and benefits from its proximity to Tollway 49, which connects Lindale to Tyler, TX. This location sits along the main corridor between Tyler and Mineola and is close to Lindale’s 170-acre Faulkner Park, a popular recreational destination. The park draws regional families and traffic every weekend for sporting events and outdoor activities. The property is equipped with city water and electricity, and the level, undeveloped land is ready for development with the option to subdivide.

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$450,000
Estimated Property Value
$0Estimated Mortgage Balance
$450,000Estimated 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
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

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

City: Lindale

19915 69 N | Property Details | No Agent List