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$239,000

409 S Boyd Street, Lindale, TX, 75771

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,432 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.9 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range
FlooringCarpet

Exterior

Lot Size21,127 sqft

Building Information

Year Built1910
Stories1
Roof Type105

Land Information

APN1-00000-0381-01-044010
SubdivisionA0381 J Gibson
Land UseResidential
Legal DescriptionABST A0381 J GIBSONTRACT 44A SEC 1
Census Tract001407
Assessed Land Value$73,550
Assessed Improvement Value$135,235
Assessment Year2025

About this property

Charming historic property in the heart of Lindale, this 3-bedroom, 1-bath home offers approximately 1,432 square feet of living space and was originally built in 1910, blending timeless character with exceptional potential. Situated on an oversized lot for the area, the property features mature Pear, Black Walnut, Catawba, and Pecan trees that add shade, beauty, and a true East Texas feel. Inside, the home offers spacious living areas, abundant natural light, and a functional layout ready for your personal touch. Recent improvements include extensive foundation work completed by a reputable company, along with updated interior and exterior paint and newer flooring. Some finishing work remains, creating an opportunity to customize and add value while building on the major updates already completed. In addition to the main residence, the property includes multiple additional structures with electricity already in place, offering flexibility for storage, workspace, hobbies, or future use. Improvements include an approximately 600-square-foot shop located behind the home, an approximately 288-square-foot office space with window-unit air conditioning, and an additional approximately 1,300-square-foot shop connected to the office area. The property is also being offered in conjunction with a second adjoining property, presenting expanded possibilities for investment, multi-generational living, workspace needs, or additional development potential. Conveniently located near downtown Lindale, schools, shopping, dining, and easy access to Tyler, this unique property offers space, character, and versatility rarely found together in one opportunity.

Investor Tools

$63,083Estimated Mortgage Balance
$153,917Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

Interested in this property?

Charlotte Williams

Keller Williams Realty-Tyler

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,840
$208,785
2025
$73,550
$135,235
$208,785
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,840
$208,785

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$80,510
No
First
Mar 30, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,083
$153,917
70%
29%
$483/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,240/mo
$483/mo
+$757/mo
6.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lindale

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409 S Boyd Street | Property Details | No Agent List