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Lindale 75771 Woodsprings
205 Shelly
$230,000
● House - Off Market

205 Shelly

Lindale, TX 75771
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,331 Ft²
$1,527
Est. Monthly
6.76%
Cap Rate

About This Property

**Roof replaced November 2023**  Have you been looking for a 3 bed 2 bath WITH a garage in a Cul-De-Sac?!?!?! Well then you have to see this cutie located in Lindale ISD!! Built in 2006 this 1,331 SqFt brick home offers a split bedroom arrangement & large open kitchen, living, dining space. There is even a cute little covered back porch in the fully privacy fenced back yard complete with impressive wrap around retaining wall. The primary suite offers an en-suite bath & a nice sized walk in closet. All of this located close to shopping & dining in downtown Lindale. Call for your showing today! **Owner financing available for qualified buyers.**
Unit Size
1,331 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$180
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #20476000)

Price History

Date / Event Date Event Price
Jan 31, 2024 Sold
Premium
Sold
Nov 13, 2023 Listed by RE/MAX Tyler $240,000
Listed by RE/MAX Tyler

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 24
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,015
  • Total Building Area: 1,331
  • Building Area: 1,331
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heated Square Feet: 1,331
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODSPRINGS SUBD
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: WOODSPRINGS SUBDLOT 23

Neighborhood

  • School District Name: Lindale Independent School District
  • 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:26430
  • Account Number: R136288
  • Parcel: 1-89500-0000-00-023000
  • Lot: 23
  • Municipality: CITY OF LINDALE
  • Latitude: 32.4986
  • Longitude: -95.4073

    Address

  • Full Address: 205 Shelly
  • Address - House Number: 205
  • Address - Street Name: Shelly
  • State: TX
  • City Name: Lindale
  • Carrier Code: R011
  • 4-Digit Zip Code: 6579
  • Zip Code: 75771

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $366,379
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: LINDALE IS

    Appraisal Valuation

  • Standard Deviation: 0.1808
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 76
  • Final Value: 243,565
  • High Value: 287,618
  • Low Value: 199,512

    Market Valuation

  • Market Total Value: $190,741
  • Market Land Value: $24,840
  • Market Improvement Value: $165,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,741
  • Assessed Land Value: $24,840
  • Assessed Improvements Value: $165,901

    Sales

  • Current Sale Contract Date: Jan 29, 2024
  • Current Sale Recording Date: Jan 30, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2714
  • Previous Sale Recording Date: Jan 13, 2016
  • Previous Sale Contract Date: Jan 11, 2016
  • Previous Sale Amount: $120,000
  • 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 Woodsprings

Stats & Trends

Median Asking:

$235,900

Sale Price/ft²

$190

Below Asking

0.02%

Average Days on Market

85

Average Home Size

1240 ft²

Average Home Age

19 years

Currently For Sale

0 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: Jerri Johnson, RE/MAX Tyler
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20476000
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 205 Shelley Lane built and last sold?
The property at 205 Shelley Lane was built in 2006 and last sold on Jan 29, 2024 for $166,250.
How much is this home worth?
The estimated value of the home located at 205 Shelley Lane is $0.
What are some comparable homes to 205 Shelley Lane?
There are currently no comparable homes to 205 Shelley Lane.
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