16413 Clearview Drive
About This Property
Step outside to discover a backyard built for both relaxation and entertainment, starting with a large covered patio and a full outdoor kitchen that make hosting any occasion a breeze. Whether it's summer cookouts, weekend gatherings, or quiet evenings under the Texas sky, this outdoor space is ready to be enjoyed year-round. The expansive yard offers room to play, garden, or simply unwind in your own private setting. From lively get-togethers to peaceful moments at home, the property creates an easygoing, welcoming lifestyle. Located in a desirable Lindale community known for excellent schools and a warm neighborhood feel, this home is ready to become the place where new memories begin.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Nov 24, 2025 | Price Decreased |
$414,900
↓ $4K
(1%) | |
| Price Decreased | |||
| Nov 18, 2025 | Listed by Keller Williams Realty-Tyler | $419,000 | |
| Listed by Keller Williams Realty-Tyler | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017