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Lindale 75771 Eagle Peak
397 Molly Lane
$245,000
● House - Off Market

397 Molly Lane

Lindale, TX 75771
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,508 Ft²
$281,416
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Welcome home!! This home is located in the award winning Lindale ISD. Close to fine dining and shopping. Right in the heart of town close to all of the schools. Home offers a large deck perfect for outdoor entertaining. Open living room, Kitchen and dining concept. Plenty of room for entertaining your guests. Primary room right off the living room. Guest bedrooms right down the hall from each other. Show this quick as it won't last long!
Unit Size
1,508 Ft²
Days on Market
-
Land Size
-
Price per sqft
$164
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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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: 5 months ago (NTREIS #14634602)

Price History

Date / Event Date Event Price
Sep 17, 2021 Sold
Premium
Sold
Aug 11, 2021 Listed by Vylla Home $247,900
Listed by Vylla Home
Welcome home!! This home is located in the award winning Lindale ISD. Close to fine dining and shopping. Right in the heart of town close to all of the schools. Home offers a large deck perfect for outdoor entertaining. Open living room, Kitchen and dining concept. Plenty of room for entertaining your guests. Primary room right off the living room. Guest bedrooms right down the hall from each other. Show this quick as it won't last long!

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • 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: 10,716
  • Total Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAGLES PEAK NEST
  • Land Acres: 0000000246
  • Standard Land Use Code: 1001
  • County Land Use Code: RESIDENC
  • Legal Description 1: EAGLES PEAK NESTBLOCK 5 LOT 7

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: 001404

Geography

  • Assessors Map Reference: MAP:26840
  • Account Number: R132648
  • Parcel: 1-23060-0005-00-007000
  • Block: 5
  • Lot: 7
  • Municipality: CITY OF LINDALE
  • Latitude: 32.5196
  • Longitude: -95.3892

    Address

  • Full Address: 397 Molly Ln
  • Address - House Number: 397
  • Address - Street Name: Molly
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Lindale
  • Carrier Code: R010
  • 4-Digit Zip Code: 6571
  • Zip Code: 75771

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $517,054
  • Tax Rate Code Area: LINDALE IS

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 361,171
  • High Value: 442,897
  • Low Value: 279,446

    Market Valuation

  • Market Total Value: $269,184
  • Market Land Value: $44,660
  • Market Improvement Value: $224,524

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,184
  • Assessed Land Value: $44,660
  • Assessed Improvements Value: $224,524

    Sales

  • Current Sale Contract Date: Sep 17, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202101039068
  • Previous Sale Recording Date: Oct 03, 2016
  • Previous Sale Contract Date: Sep 29, 2016
  • Previous Sale Amount: $210,200
  • 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 Eagle Peak

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$168

Below Asking

0.01%

Average Days on Market

148

Average Home Size

1928 ft²

Average Home Age

21.5 years

Currently For Sale

2 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 505 Sunset Drive, TX, 75771

$622 /mo

  • 1 Bed
  • 1 Bath
  • 32,107 ft²
505 Sunset Drive #100, TX, 75771 Listing by Rick Rivera
Unit for rent at 215 Perryman Road, Lindale, TX, 75771

$3,920 /mo

  • 5 Beds
  • 3 Baths
  • 2,630 ft²
215 Perryman Road, Lindale, TX, 75771 Listing by Enrique Lima

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Rossalyn Primeaux, Vylla Home
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14634602
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 397 Molly Lane built and last sold?
The property at 397 Molly Lane was built in 2016 and last sold on Sep 17, 2021 for $290,900.
How much is this home worth?
The estimated value of the home located at 397 Molly Lane is $252,443.
What are some comparable homes to 397 Molly Lane?
There are currently no comparable homes to 397 Molly Lane.
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