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Lindale 75771
16221 Clearview Drive
$480,000
● House - Off Market

16221 Clearview Drive

Lindale, TX 75771
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,486 Ft²
$2,473
Est. Monthly
5.22%
Cap Rate

About This Property

Brand new construction home in Lindale's premier neighborhood, The Crossings at Mission Ridge. Featuring an open concept floor plan 4 bedroom, 3 bathroom and a 2 car garage! The large master suite has a walk in closet, dual sinks in the vanity. The kitchen features beautiful countertops and oversized windows no detail was spared. With all of the smart home features you never knew you needed, the intuitive Nest learning thermostat tracks movements and patterns in the home including an away sensor that will then adjust temperatures accordingly. One of the only corner lots available in The Crossings.
Unit Size
2,486 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$195
Property Type
House
Property Taxes
$92
HOA Dues
-
Year Built
-

Payment Calculator

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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 #20446387)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Oct 3, 2023 Listed by Keller Williams Realty Tyler $484,770
Listed by Keller Williams Realty Tyler

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,104
  • Lot Size Depth Feet: 1,401
  • Lot Size Frontage Feet: 650
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • 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: 0000000209
  • Standard Land Use Code: 1000
  • County Land Use Code: C00
  • Legal Description 1: CROSSINGS @ MISSION RIDGE U-1LOT 77

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:26330
  • Account Number: R217041
  • Parcel: 1-18640-0000-01-077000
  • Lot: 77
  • Municipality: CITY OF LINDALE
  • Latitude: 32.4881
  • Longitude: -95.3831

    Address

  • Full Address: 16221 Crossing Cir
  • Address - House Number: 16221
  • 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: $61,205
  • Tax Rate Code Area: LINDALE IS

    Market Valuation

  • Market Total Value: $31,864
  • Market Land Value: $31,864

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,864
  • Assessed Land Value: $31,864

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 47286
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 Lindale

Stats & Trends

Median Asking:

$289,245

Sale Price/ft²

$169

Below Asking

0.03%

Average Days on Market

96

Average Home Size

2589 ft²

Average Home Age

21.8 years

Currently For Sale

27 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: Ryan Major, Keller Williams Realty Tyler
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20446387
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 16221 Clearview Drive built and last sold?
The property at 16221 Clearview Drive was built in and last sold on Dec 29, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 16221 Clearview Drive is $487,579.
What are some comparable homes to 16221 Clearview Drive?
There are currently no comparable homes to 16221 Clearview Drive.
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