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$480,000

NAL Estimated Property Value

601 Abbey Rd, Lindale, TX, 75771

$531,282 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,247 Sq Ft
price_per_sqft$113.61 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size13,634 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces1

Land Information

APN1-61400-0000-00-024000
Lot Number24
SubdivisionPenny Lane Estates
Land UseResidential
Legal DescriptionPENNY LANE ESTATES LOT 24
Census Tract001406
Assessed Land Value$62,395
Assessed Improvement Value$389,733
Assessment Year2025

About this property

This 2-story has an open concept, magazine worthy views, & the kitchen truly is the heart of the home! Tons of space from the formal dining to the living room, & eat in kitchen to the breakfast bar, entertaining will be a breeze! Located in Penny Lane Estates, with a community pool & clubhouse in Lindale ISD. There are so many EXTRAS like the granite countertops, vaulted ceilings with exposed beams, built-in dry bar & wine rack & stemware holder & 5-burner gas cooktop are a few you can look forward to. Oh, & your pizza culinary skills will be put to good use with the built-in pizza oven!! Sit outside & enjoy the covered patio in the backyard. A MUST SEE, CALL TODAY!

Investor Tools

Property Icon
$480,000
Estimated Property Value
$252,314Estimated Mortgage Balance
$227,686Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$531,281
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,468
$452,128
2025
$62,395
$389,733
$452,128
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,468
$452,128

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$284,000
No
First
Aug 27, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,314
$227,686
47%
53%
$1,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,600/mo
$1,753/mo
$-153/mo
4.0%

City: Lindale