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Smith 75706
14629 Fallow Lane
$420,000
● House - Off Market

14629 Fallow Lane

Tyler, TX 75706
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,105 Ft²
$442,077
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

STUNNING brand new brick home in the highly sought after Lindale ISD! 3 bedrooms, 2 bath, with an office OR 4th bedroom! Featuring an open concept, vaulted ceilings, custom cabinets, large kitchen island with ample storage space, large windows for abundant natural lighting, large master bedroom with tray ceilings, side entry garage, outdoor covered patio, and all sitting on over half an acre! A sprinkler system and 20 pallets of sod included! Located in the BEAUTIFUL Deerfield Addition, with easy access to I-20, and within minutes to downtown Lindale!
Unit Size
2,105 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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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 #20237254)

Price History

Date / Event Date Event Price
Mar 21, 2023 Sold
Premium
Sold
Jan 12, 2023 Listed by Dwell Realty $429,000
Listed by Dwell Realty

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • 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: 575
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,610
  • Lot Size Depth Feet: 1,913
  • Lot Size Frontage Feet: 1,234
  • Total Building Area: 2,157
  • Building Area: 2,157
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,157
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEERFIELD ADDN
  • Land Acres: 0000000542
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: DEERFIELD ADDNLOT 11

Neighborhood

  • School District Name: Tyler Independent School District
  • School Tax School District: TYLER JR. COLLE
  • School Tax District Code 2: SCESD #1
  • Census Tract: 001605

Geography

  • Assessors Map Reference: MAP:25850
  • Account Number: R217340
  • Parcel: 1-20640-0000-00-011000
  • Lot: 11
  • Municipality: TYLER
  • Latitude: 32.4779
  • Longitude: -95.346

    Address

  • Full Address: 14629 Fallow Ln
  • Address - House Number: 14629
  • Address - Street Name: Fallow
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Tyler
  • Carrier Code: R019
  • 4-Digit Zip Code: 1212
  • Zip Code: 75706

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $269,141
  • Tax Rate Code Area: LINDALE IS

    Market Valuation

  • Market Total Value: $282,902
  • Market Land Value: $47,219
  • Market Improvement Value: $235,683

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $282,902
  • Assessed Land Value: $47,219
  • Assessed Improvements Value: $235,683

    Sales

  • Current Sale Contract Date: Mar 14, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7059
  • Previous Sale Recording Date: Mar 25, 2022
  • Previous Sale Contract Date: Mar 24, 2022
  • Previous Sale Document Type: 71
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 Smith

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$183

Below Asking

0.02%

Average Days on Market

85

Average Home Size

2374 ft²

Average Home Age

24.6 years

Currently For Sale

461 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

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NTREIS

Listed by: Jacob Ashley, Dwell Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20237254
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 14629 Fallow Lane built and last sold?
The property at 14629 Fallow Lane was built in 2022 and last sold on Mar 14, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 14629 Fallow Lane is $430,867.
What are some comparable homes to 14629 Fallow Lane?
There are currently no comparable homes to 14629 Fallow Lane.
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