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Smith 75771
306 Smith Circle
$298,000
● House - Off Market

306 Smith Circle

Lindale, TX 75771
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,511 Ft²
$305,125
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This home is a must see! Located in a desirable neighborhood within the award winning Lindale ISD. With 3 bedrooms and 2 baths, the home features high ceilings, crown molding, granite countertops throughout and bright, natural light. Open concept layout has ceramic wood tile flooring throughout, 2inch blinds, mud room and oversized garage. The kitchen has large island with seating, shaker style custom cabinetry, walk in pantry and upgraded stainless steel appliances. Split private master suite with box ceiling, walk in shower, dual sinks and large closet. Home backs up to a creek and wooded area. Back fence is black iron to enjoy the view and deer that visit. Sit on the covered back porch and enjoy beautiful East Texas. Home also has gutters, sprinkler system and oversized garage. Call to schedule a showing today!
Unit Size
1,511 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$198
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
2020

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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 #20267671)

Price History

Date / Event Date Event Price
Apr 11, 2023 Sold
Premium
Sold
Feb 28, 2023 Listed by Leslie Cain Realty $299,900
Listed by Leslie Cain Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,017
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,511
  • Building Area: 1,511
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,511
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: S & S COUNTRY VILLAS U-2
  • Land Acres: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: S & S COUNTRY VILLAS U-2BLOCK 2 LOT 2

Neighborhood

  • School District Name: Lindale Independent School District
  • School Tax School District: TYLER JR. COLLE
  • School Tax District Code 2: SCESD #1
  • Census Tract: 001408

Geography

  • Assessors Map Reference: MAP:26210
  • Account Number: R203908
  • Parcel: 1-69250-0002-02-002000
  • Block: 2
  • Lot: 2
  • Municipality: LINDALE
  • Latitude: 32.4758
  • Longitude: -95.4034

    Address

  • Full Address: 306 Smith Cir
  • Address - House Number: 306
  • Address - Street Name: Smith
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Lindale
  • Carrier Code: R011
  • 4-Digit Zip Code: 3006
  • Zip Code: 75771

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $193,939
  • Tax Rate Code Area: LINDALE IS

    Appraisal Valuation

  • Standard Deviation: 0.251
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 356,171
  • High Value: 445,603
  • Low Value: 266,739

    Market Valuation

  • Market Total Value: $297,405
  • Market Land Value: $53,997
  • Market Improvement Value: $243,408

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,405
  • Assessed Land Value: $53,997
  • Assessed Improvements Value: $243,408

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 18, 2023
  • Current Sale Recording Date: Apr 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11026
  • Previous Sale Recording Date: Jun 15, 2020
  • Previous Sale Contract Date: Jun 12, 2020
  • Previous Sale Amount: $58,600
  • 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 Smith

Stats & Trends

Median Asking:

$379,900

Sale Price/ft²

$183

Below Asking

0.02%

Average Days on Market

85

Average Home Size

2378 ft²

Average Home Age

24.2 years

Currently For Sale

464 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: Gena Johnson, Leslie Cain Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20267671
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 306 Smith Circle built and last sold?
The property at 306 Smith Circle was built in 2020 and last sold on Apr 18, 2023 for $405,650.
How much is this home worth?
The estimated value of the home located at 306 Smith Circle is $0.
What are some comparable homes to 306 Smith Circle?
There are currently no comparable homes to 306 Smith Circle.
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