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$386,000

NAL Estimated Property Value

24020 Red Azalea, Lindale, TX, 75771

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,060 Sq Ft
price_per_sqft$184.42 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size11,413 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces1

Land Information

APN1-29170-0002-00-005000
Lot Number5
SubdivisionGarden Valley Addn
Land UseResidential
Legal DescriptionGARDEN VALLEY ADDN BLOCK 2 LOT 5
Census Tract001405
Assessed Land Value$20,910
Assessed Improvement Value$347,073
Assessment Year2025

About this property

BONUS!!! Qualifies for ZERO DOWN USDA Loan. New Construction home located in Lindale in gated community to enjoy all the amenities of the Golf Course, Lakes, and pool at Garden Valley Golf Club. Open concept with amazing features, all tiled floors, crown molding, and four large bedrooms with split arrangement and you will be shocked to see the size of the Owner Bedroom featuring a sitting area. Guest bedroom is split. Lots of cabinets and amazing closet space. Kitchen with granite counter tops, large kitchen island with farm house stainless steel sink plus all stainless steel appliances. Spray foam insulation on all exterior walls. Exterior features all brick with stone accents plus lights with motion sensors and GFCI outlets. With acceptable offer Seller will pay the $5,000.00 Club Initial Fee to the Garden Valley HOA Golf Club and Resort.

Investor Tools

Property Icon
$386,000
Estimated Property Value
$363,403Estimated Mortgage Balance
$22,597Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,316 /month
Positive
Cash Flow Estimate:
$772 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,782
$367,983
2025
$20,910
$347,073
$367,983
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,782
$367,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$381,954
Yes
First
Sep 27, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$363,403
$22,597
5%
94%
$2,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$2,791/mo
$-1,191/mo
5.0%

City: Lindale

24020 Red Azalea | Property Details | No Agent List