$228,000
NAL Estimated Property Value313 W South St, Lindale, TX, 75771
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Range
FlooringCeramic Tile, Laminate
Exterior
Lot Size5,750 sqft
Building Information
Year Built1948
Stories1
Roof Type105
Land Information
APN1-00000-0381-01-038000
SubdivisionA0381 J Gibson
Land UseResidential
Legal DescriptionABST A0381 J GIBSON ABST A0381 J GIBSON ABST A0381 J GIBSON TRACT 38A SEC 01 TRACT 38 TRACT 38B
Census Tract001407
Assessed Land Value$36,152
Assessed Improvement Value$108,380
Assessment Year2025
About this property
Just in time to buy for Christmas! Live in the heart of Lindale and enjoy all East Texas has to offer. This charming cottage style home was fully updated in 2020. New electric, plumbing, AC, roof, sheetrock, paint and doors. Laminate wood floors throughout. Open concept with shiplap vaulted ceiling. Kitchen has new granite countertops and stainless steel appliances. Back yard feels secluded and is fully fenced with a storage building. Make this home yours today!
Investor Tools
$228,000
Estimated Property Value
$164,735Estimated Mortgage Balance
$63,265Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,813
$144,532
2025
$36,152
$108,380
$144,532
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,813
$144,532
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$174,325
No
First
May 31, 2023
Jun 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,735
$63,265
27%
72%
$1,046/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,046/mo
+$554/mo
8.4%
