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Smith 75771 Arbor Estates
13429 Karah Lane
$742,500
● House - Off Market

13429 Karah Lane

Lindale, TX 75771
bedrooms
6 Beds
bathrooms
0 Bath
square feet
3,434 Ft²
$3,823
Est. Monthly
$17
HOA / Fees
6.01%
Cap Rate

About This Property

Welcome to 13429 Karah Lane, Lindale, TX. This luxurious home in Lindale ISD offers 6 bedrooms, 3 baths, and a 2-car garage. Inside, hardwood floors and a ventless gas fireplace adorn the spacious living area. The chef's kitchen boasts stainless steel appliances, double ovens, custom cabinets, and granite countertops. The oversized owner's suite features an ensuite with a walk-in shower and soaking tub. The split floor plan ensures privacy, while high ceilings and natural light create an inviting atmosphere. Outside, enjoy a covered patio with a fireplace, an in-ground pool, and a hot tub in the fully fenced yard. This home is crafted with high-end finishes, including spray foam insulation and 2 on-demand water heaters, ensuring year-round comfort and efficiency.
Unit Size
3,434 Ft²
Days on Market
-
Land Size
0.91 acres
Price per sqft
$226
Property Type
House
Property Taxes
-
HOA Dues
$17
Year Built
2015

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20548171)

Price History

Date / Event Date Event Price
Jul 19, 2024 Sold
Premium
Sold
May 26, 2024 In contract -
In contract
Mar 1, 2024 Listed by Century 21 First Group $775,000
Listed by Century 21 First Group

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 621
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 39,465
  • Total Building Area: 3,434
  • Building Area: 3,434
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,434
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBOR ESTATES PHASE 3
  • Land Acres: 0000000906
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: ARBOR ESTATES PHASE 3LOT 26

Neighborhood

  • School District Name: Lindale Independent School District
  • School Tax School District: TYLER JR. COLLE
  • School Tax District Code 2: SCESD #1
  • Census Tract: 001404

Geography

  • Assessors Map Reference: MAP:27050
  • Account Number: R152270
  • Parcel: 1-02600-0000-00-026000
  • Lot: 26
  • Municipality: LINDALE
  • Latitude: 32.5354
  • Longitude: -95.3909

    Address

  • Full Address: 13429 Karah Ln
  • Address - House Number: 13429
  • Address - Street Name: Karah
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Lindale
  • Carrier Code: R015
  • 4-Digit Zip Code: 6187
  • Zip Code: 75771

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $809,565
  • Tax Rate Code Area: LINDALE IS

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 75
  • Final Value: 740,996
  • High Value: 879,947
  • Low Value: 602,044

    Market Valuation

  • Market Total Value: $590,759
  • Market Land Value: $43,329
  • Market Improvement Value: $547,430

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $590,759
  • Assessed Land Value: $43,329
  • Assessed Improvements Value: $547,430

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 03, 2019
  • Current Sale Recording Date: Sep 09, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20190100029927
  • Previous Sale Recording Date: Jul 14, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $462,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Arbor Estates

Stats & Trends

Median Asking:

$617,000

Sale Price/ft²

$212

Below Asking

0.03%

Average Days on Market

39

Average Home Size

2882 ft²

Average Home Age

21 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Rodney Edwards, Century 21 First Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20548171
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 13429 Karah Lane built and last sold?
The property at 13429 Karah Lane was built in 2015 and last sold on Sep 3, 2019 for $579,500.
How much is this home worth?
The estimated value of the home located at 13429 Karah Lane is $0.
What are some comparable homes to 13429 Karah Lane?
There are currently no comparable homes to 13429 Karah Lane.
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