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$556,000

NAL Estimated Property Value

577 Imagine Drive, Lindale, TX, 75771

Off MarketInfo
Baths0 Bath
Baths2,893 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

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

Property Icon
$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

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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%

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.

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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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577 Imagine Drive | Property Details | No Agent List