407 York St · Lindale, TX 75771

$219,900

4 bd · 1.0 ba · 1,125 sqft · SingleFamily public records · 52 Days on market

Built 1972 0.26 ac lot $195/sqft · 9% above area Est $255k · 14% under

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Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.8/15.0
• Cash flow +11.1/30.0
• Schools +5.9/10.0
• Livability +4.0/5.0
• DSCR +3.2/10.0
• 1% rule +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming 4-bedroom, 2-bath home centrally located in downtown, just minutes from shopping, dining, Walmart, and quick access to I-20. The roof has been recently replaced, and the primary bathroom shower has been updated. Investor and first time home buyer friendly. The spacious primary suite includes its own private ensuite bathroom, creating a comfortable and functional master, separate from the secondary bedrooms. 3 spacious bed rooms, large living room with open concept to Kitchen and dining area. Outside, you’ll find a fully fenced yard and a small workshop with electricity in the backyard, perfect for hobbies, storage, or projects. With its convenient location, flexible layout, and a little TLC, this property offers a great opportunity for a variety of buyers. Schedule your showing today!

Key facts

• Fully fenced yard
• 0.26 acre lot
• Built 1972

Tags

• RECENTLY REPLACED ROOF
• FULLY FENCED YARD

Property features AI

Finance

• Other: Possession 30–60 days or at closing/funding
• Financial info: Accepts Cash, Conventional, FHA, and VA financing; No second mortgage
• HOA & community: No homeowners association

Exterior

• Parking: Driveway
• Utilities: City water; City sewer; No municipal utility district
• Home design: Single family residence; Residential property; Attached: Yes; Built in 1972; One story
• Construction: Composition roof; Slab foundation
• Exterior features: Covered porch(es); Chain link fencing; Outbuilding on the property

Interior

• Kitchen: Dishwasher; Electric range
• Bedrooms: 4 bedrooms (primary bedroom on level 1)
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating (electric); Central air conditioning; Ceiling fans
• Interior features: One-level layout; Window coverings; Other interior features
• Laundry & utility: Washer hookup; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $220k.

Deal economics

• At list price, monthly cash flow is $-87 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $204k (7.0% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $174k (20.9% below list).
• Recommended offer: $174k (20.9% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 3.3% in Lindale — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#52 in TX, #2,100 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Lindale ISD (town): math 71% / reading 66% proficiency, ranked #20 of 826 in TX (top 2%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Velma Penny El (math 67% / reading 67%, grade B+, #199 of 4,322 statewide, top 5%, 541 students, 48% FRL).
• Market conditions: 633 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 595 units permitted in Smith County in 2024 (45 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
• Smith County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 52 days — a 3% lower offer ($213k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 10y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 58% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $174,000 (20.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 52 days. Have you received any prior offers? Is the seller open to a 21% concession, seller financing, or rate buy-down credit?
3. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.79% ✗
• Cap rate: 5.82%
• Cash-on-cash: -1.71%
• DSCR: 0.92
• GRM: 10.5

CMA / ARV

• ARV (median comp): $255,465
• List price: $219,900
• Delta: -13.92%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
204 Mount Sylvan St	0.54mi	3/1.0 (-1)	1,196 (+6%)	5mo	$159,900	$134	55
6037 Freedom Dr	0.25mi	3/2.0 (-1)	1,264 (+12%)	10mo	$234,990	$186	50
1106 Brad Cir	0.67mi	3/1.0 (-1)	1,017 (-10%)	3mo	$164,900	$162	45
313 Half St	0.60mi	3/2.0 (-1)	1,175 (+4%)	17mo	$199,000	$169	41
704 Circle Dr	0.72mi	3/2.0 (-1)	1,260 (+12%)	17mo	$227,500	$181	23

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -19.1%
• Equity multiple: 0.33×
• Total profit: $-41,215
• Equity at exit: $32,788

10-year hold

• IRR: -11.7%
• Equity multiple: 0.30×
• Total profit: $-43,102
• Equity at exit: $19,013

Cash invested: $61,572 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 75771

• Home prices YoY: -30.6%
• Active inventory: 633
• Price-to-rent: 10.5×

Monthly cashflow live

• Estimated rent: $1,740 medium
• Mortgage (P&I): −$1,153
• Tax from tax record: −$217 /mo · $2,607/yr
• Insurance: −$92
• HOA: −$0
• Vacancy / Maint / Mgmt: −$365
• Net cashflow: $-87

Break-even live

Break-even rent $1,851

Max offer price $204,444

Occupancy floor —

Sensitivity live

Price	-10% $37	-5% $-25	+0% $-87	+5% $-150	+10% $-212
Rent	-10% $-225	-5% $-156	+0% $-87	+5% $-19	+10% $50
Rate	-1.0pp $23	-0.5pp $-32	base $-87	+0.5pp $-144	+1.0pp $-202

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $54,975
• Closing costs: $6,597
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
13780 County Road 4198 Lindale, TX	3.0	2.0	1212	$1,500	$1.24	21d	1	0.92mi

Listing history 34 events

1. 2026-06-19
   days on market $219,900 Active 52 DOM
2. 2026-06-18
   days on market $219,900 Active 51 DOM
3. 2026-06-17
   days on market $219,900 Active 50 DOM
4. 2026-06-16
   days on market $219,900 Active 49 DOM
5. 2026-06-15
   days on market $219,900 Active 48 DOM
6. 2026-06-14
   days on market $219,900 Active 46 DOM
7. 2026-06-13
   days on market $219,900 Active 45 DOM
8. 2026-06-10
   days on market $219,900 Active 43 DOM
9. 2026-06-09
   days on market $219,900 Active 42 DOM
10. 2026-06-08
    days on market $219,900 Active 41 DOM
11. 2026-06-07
    days on market $219,900 Active 40 DOM
12. 2026-06-03
    days on market $219,900 Active 36 DOM
13. 2026-06-02
    days on market $219,900 Active 35 DOM
14. 2026-06-01
    days on market $219,900 Active 34 DOM
15. 2026-05-31
    days on market $219,900 Active 33 DOM
16. 2026-05-30
    days on market $219,900 Active 32 DOM
17. 2026-05-15
    price $224,900 939-char remark

    Show marketing remark (810 chars)

    Charming 4-bedroom, 2-bath home centrally located in downtown, just minutes from shopping, dining, Walmart, and quick access to I-20. The roof has been recently replaced, and the primary bathroom shower has been updated. Investor and first time home buyer friendly. The spacious primary suite includes its own private ensuite bathroom, creating a comfortable and functional master, separate from the secondary bedrooms. 3 spacious bed rooms, large living room with open concept to Kitchen and dining area. Outside, you’ll find a fully fenced yard and a small workshop with electricity in the backyard, perfect for hobbies, storage, or projects. With its convenient location, flexible layout, and a little TLC, this property offers a great opportunity for a variety of buyers. Schedule your showing today!

18. 2026-05-15
    price $224,900 941-char remark

    Show marketing remark (810 chars)

    Charming 4-bedroom, 2-bath home centrally located in downtown, just minutes from shopping, dining, Walmart, and quick access to I-20. The roof has been recently replaced, and the primary bathroom shower has been updated. Investor and first time home buyer friendly. The spacious primary suite includes its own private ensuite bathroom, creating a comfortable and functional master, separate from the secondary bedrooms. 3 spacious bed rooms, large living room with open concept to Kitchen and dining area. Outside, you’ll find a fully fenced yard and a small workshop with electricity in the backyard, perfect for hobbies, storage, or projects. With its convenient location, flexible layout, and a little TLC, this property offers a great opportunity for a variety of buyers. Schedule your showing today!

19. 2026-04-28
    listed $230,000 Active 939-char remark
20. 2026-04-23
    listed $230,000 Active 941-char remark

    Show marketing remark (810 chars)

    Charming 4-bedroom, 2-bath home centrally located in downtown, just minutes from shopping, dining, Walmart, and quick access to I-20. The roof has been recently replaced, and the primary bathroom shower has been updated. Investor and first time home buyer friendly. The spacious primary suite includes its own private ensuite bathroom, creating a comfortable and functional master, separate from the secondary bedrooms. 3 spacious bed rooms, large living room with open concept to Kitchen and dining area. Outside, you’ll find a fully fenced yard and a small workshop with electricity in the backyard, perfect for hobbies, storage, or projects. With its convenient location, flexible layout, and a little TLC, this property offers a great opportunity for a variety of buyers. Schedule your showing today!

21. 2024-02-20
    historical
22. 2024-01-09
    listed $225,000 Active
23. 2024-01-09
    listed $225,000 Active
24. 2021-06-01
    soldstatus
25. 2021-05-25
    soldstatus Sold
26. 2021-05-25
    soldstatus
27. 2021-04-26
    status Pending
28. 2021-04-14
    historical Active Option Contract
29. 2021-04-14
    listed $179,900
30. 2021-04-09
    listed $179,900 Active
31. 2016-04-28
    soldstatus
32. 2016-03-29
    listed $65,000
33. 2005-12-07
    soldstatus
34. 2002-03-18
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,607 · $217/mo
• Projected year-2 tax: $4,024 · $335/mo
• Expected delta: +$1,417/yr (+$118/mo · 54.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 6/10 Major 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 58% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $20,880
• − Mortgage interest: −$12,318
• − Property taxes: −$2,607
• − Insurance: −$1,100
• − Repairs & maintenance: −$1,670
• − Management: −$1,670
• − Depreciation: −$6,397
• Taxable loss: −$4,883
• Est. tax savings @ 24.0%: +$1,172
• After-tax cash flow: $122/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lindale ISD
• NCES district ID: 4827510
• Math proficiency: 71% ▼ -2.00%
• Reading proficiency: 66% ▲ 4.00%
• Median HH income: $57,325
• Composite: 58.85/100
• National rank: #974
• State rank: #20 of 826 in TX

Livability — Lindale

• Score: 79/100
• State rank: #52
• US rank: #2100

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment A+ Housing A+ Health & safety A User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lindale, TX
• County: Smith County · 180,570 people
• City population: 21,238
• Metro: Tyler, TX
• Population (ZIP): 21,238
• Household income: $93,462
• Rent vs Own: 21.7% rent · 78.3% own
• Severe rent burden: 166.0

Population outlook (Smith County) Hauer SSP2

• Today (2025): 248,890 people
• By 2030: 261,665 · +5.1%
• By 2040: 286,114 · +15.0%
• By 2050: 308,006 · +23.8%
• By 2075: 354,171 · +42.3%
• By 2100: 372,828 · +49.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (81%)
• Race & ethnicity: White 81% Hispanic / Latino 9% Two or more races 6% Black 5% Asian 2%
• Hispanic origin (detail): Mexican 8%
• Common ancestry: Slovak 3% Serbian 2% Lithuanian 1%
• Foreign-born: 5% · Canada, China
• Languages at home: 93% English-only · Spanish 6%

Political lean MEDSL · Smith

• 2024 margin: Solid R (+45.1) · D 27.0% · R 72.1%
• 2008→2024 swing: -5.6pp toward R · 2008: -39.5pp · 2024: -45.1pp
• All cycles: 2024: R+45.1 2020: R+39.4 2016: R+43.9 2012: R+46.9 2008: R+39.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -88.40%
• Current HPI: 200.187
• Rent YoY: —
• Metro: Tyler, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+238.3% since first listed

20 events — show timeline

• 2026-05-19 Price Changed $219,900 NTREIS
• 2026-05-19 Price Changed $219,900 GTAR
• 2026-05-15 Price Changed $224,900 NTREIS
• 2026-05-15 Price Changed $224,900 GTAR
• 2026-04-28 Listed $230,000 NTREIS
• 2026-04-23 Listed $230,000 GTAR
• 2024-02-20 Listing Removed — NTREIS
• 2024-01-09 Listed $225,000 GTAR
• 2024-01-09 Listed $225,000 NTREIS
• 2021-06-01 Sold (Public Records) — Public Records
• 2021-05-25 Sold (MLS) — NTREIS
• 2021-05-25 Sold (MLS) — GTAR
• 2021-04-26 Pending — NTREIS
• 2021-04-14 Contingent — NTREIS
• 2021-04-14 Listed $179,900 GTAR
• 2021-04-09 Listed $179,900 NTREIS
• 2016-04-28 Sold (MLS) — GTAR
• 2016-03-29 Listed $65,000 GTAR
• 2005-12-07 Sold (Public Records) — Public Records
• 2002-03-18 Sold (Public Records) — Public Records

Property tax history

+3.6%/yr

Latest (2024): $2,607 · -15.1% YoY. Source: county tax records.