$556,000
NAL Estimated Property Value577 Imagine Drive, Lindale, TX, 75771
Off Market
Highlights
Interior
Exterior
Lot Size34,064 sqft
Building Information
Year Built2024
Roof Type105
Garage Spaces650
Land Information
APN1-61400-0000-04-124000
SubdivisionPenny Lane Estates U-4
Land UseSingle Family Dwelling, Platted Lot
Legal DescriptionPENNY LANE ESTATES U-4 LOT 124 2019 NEW SUBD
Census Tract001406
Assessed Land Value$78,483
Assessed Improvement Value$458,280
Assessment Year2025
About this property
Looking to build your custom home? Penny Lane Estates is an established neighborhood in award winning Lindale ISD. Phase 4 is almost sold out! There are 12 lots total in a quiet cul de sac, close to downtown and parks. This lot is .782 acres. Neighborhood clubhouse and pool to enjoy - the pool has been completely renovated. Enjoy the city sidewalks, beautiful trees and friendly neighbors. Penny Lane has underground utilities including gas and high speed internet. Secure this lot and build your dream home today.
Investor Tools
$556,000
Estimated Property Value
$441,984Estimated Mortgage Balance
$114,016Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,336 /month
Positive
Cash Flow Estimate:
$1,112 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,102/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,448
$536,763
2025
$78,483
$458,280
$536,763
No
Tax History
Year
Tax Paid
Assessed Value
2025
$10,448
$536,763
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kelly Community Fcu
Conventional
$451,500
No
First
Jun 25, 2024
Jul 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$441,984
$114,016
20%
79%
$2,929/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$2,929/mo
$-969/mo
4.2%
