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Smith 75771
16209 Crossing Circle
$326,990
● House - Off Market

16209 Crossing Circle

Lindale, TX 75771
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,618 Ft²
$1,700
Est. Monthly
5.89%
Cap Rate

About This Property

WELCOME HOME to this new construction on a corner lot, in the newest subdivision, in Lindale ISD. Open concept floor plan with a side entry 2 car garage. With 3 bedrooms, 2 bathrooms, this home includes all smart features. Tile Throughout, and plush carpet in all bedrooms.
Unit Size
1,618 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$205
Property Type
House
Property Taxes
$71
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 #20337442)

Price History

Date / Event Date Event Price
Dec 13, 2023 Sold
Premium
Sold
May 24, 2023 Listed by Leslie Cain Realty $331,690
Listed by Leslie Cain Realty

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 6
  • 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
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,108
  • Lot Size Depth Feet: 525
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,138
  • Building Area: 1,138
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,138
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROSSINGS @ MISSION RIDGE U-1
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: CROSSINGS @ MISSION RIDGE U-1LOT 74

Neighborhood

  • School Tax School District: CITY OF LINDALE
  • School Tax District Code 2: TYLER JR. COLLE
  • School Tax District Code 3: SCESD #1
  • Census Tract: 001407

Geography

  • Assessors Map Reference: MAP:26350
  • Account Number: R217038
  • Parcel: 1-18640-0000-01-074000
  • Lot: 74
  • Municipality: CITY OF LINDALE
  • Latitude: 32.4881
  • Longitude: -95.3831

    Address

  • Full Address: 16209 Crossing Cir
  • Address - House Number: 16209
  • Address - Street Name: Crossing
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Lindale
  • Carrier Code: R015
  • 4-Digit Zip Code: 1337
  • Zip Code: 75771

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421,971
  • Tax Rate Code Area: LINDALE IS

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 69
  • Final Value: 287,457
  • High Value: 351,655
  • Low Value: 223,258

    Market Valuation

  • Market Total Value: $219,682
  • Market Land Value: $38,877
  • Market Improvement Value: $180,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $219,682
  • Assessed Land Value: $38,877
  • Assessed Improvements Value: $180,805

    Sales

  • Current Sale Contract Date: Dec 15, 2023
  • Current Sale Recording Date: Dec 18, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 37018
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:

$379,925

Sale Price/ft²

$183

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2372 ft²

Average Home Age

24.6 years

Currently For Sale

462 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

Unit for rent at 15528 Greenhouse Way, Lindale, TX, 75771

$2,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,607 ft²
15528 Greenhouse Way, Lindale, TX, 75771 Listing by April Shipman

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: April Shipman, Leslie Cain Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20337442
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 16209 Crossing Circle built and last sold?
The property at 16209 Crossing Circle was built in 2022 and last sold on Dec 15, 2023 for $301,896.
How much is this home worth?
The estimated value of the home located at 16209 Crossing Circle is $0.
What are some comparable homes to 16209 Crossing Circle?
There are currently no comparable homes to 16209 Crossing Circle.
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