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    The Largest CRE Database in the US with Over 1 Million Listings

    April Shipman, Lindale, TX

    License ID: 0680481
    Years of Experience
    3
    Association
    Greater Tyler Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (903) 330-5192
    Office Address:
    403 W. Hubbard, Lindale, TX 75771

    Property Types

    • Land

    Performance

    Listings
    19
    Total transactions
    216
    Total transactions amount
    $60M
    Price range
    $56k - 1.5M
    Average price
    $278k

    Listings

    For Sale (19)

    View map
    • $59,900
      0.41 Acres

      Residential Homesite in Gated Community

      Homesite in Corrigan Trails, Lindale ISD, gated community.
      212 Shanna Ter, Lindale, TX 75771
      View Details
    • $69,999
      0.23 Acres

      Residential Land in Eagle Creek

      Residential land with utilities in Lindale's Eagle Creek Subdivision.
      Tbd Mallard Dr, Lindale, TX 75771
      View Details
    • $79,999
      0.41 Acres

      Residential Land in Eagle Creek

      Residential land with utilities in Lindale's Eagle Creek Subdivision.
      Tbd Mallard Lot 6 Dr, Lindale, TX 75771
      View Details
    • $100,000
      3.00 Acres

      3-Acre Lot in Lindale, TX

      3-acre lot near Lindale schools, shopping, and dining.
      3 County Road 4114, Lindale, TX 75771
      View Details
    • $300,000
      9.83 Acres

      Lindale Acreage for Custom Home

      9.834 acres in Lindale ISD, ideal for custom home.
      Tbd Cr 4114, Lindale, TX 75771
      View Details
    • $300,000
      9.83 Acres

      Lindale Land Parcel For Sale

      9.834 acres of land in Lindale, Texas.
      Tbd County Rd 4114, Lindale, TX 75771
      View Details
    • $100,000
      3.83 Acres

      Lindale, TX Unimproved Land

      3.834 acre lot near Lindale's schools, shopping, and dining.
      5 County Road 4114, Lindale, TX 75771
      View Details
    • $100,000
      3.00 Acres

      3-Acre Lot in Lindale, TX

      3-acre lot near Lindale schools, shopping, and dining.
      4 County Road 4114, Lindale, TX 75771
      View Details
    • $59,900
      0.41 Acres

      Residential Land in Gated Community

      Homesite in Corrigan Trails, Lindale ISD, gated community.
      212 Shanna Trce, Lindale, TX 75771
      View Details
    • $69,999
      0.23 Acres

      Residential Lot in Eagle Creek

      Residential lot in Lindale's Eagle Creek Subdivision.
      1004 Mallard Dr, Lindale, TX 75771
      View Details
    • $79,999
      0.41 Acres

      Residential Lot in Eagle Creek

      Residential lot in Lindale's desirable Eagle Creek Subdivision.
      Tbd Mallard Dr, Lindale, TX 75771
      View Details
    • $69,999
      0.23 Acres

      Residential Lot in Eagle Creek

      Residential lot in Lindale's desirable Eagle Creek Subdivision.
      993 Mallard Dr, Lindale, TX 75771
      View Details
    • $69,999
      0.23 Acres

      Residential Lot in Eagle Creek

      Residential lot in Lindale's desirable Eagle Creek Subdivision.
      1009 Mallard Dr, Lindale, TX 75771
      View Details
    • $69,999
      0.23 Acres

      Residential Lot in Eagle Creek

      Residential lot in Lindale's Eagle Creek Subdivision.
      1005 Mallard Dr, Lindale, TX 75771
      View Details
    • $69,999
      0.23 Acres

      Residential Lot in Eagle Creek

      Residential lot in Lindale's desirable Eagle Creek Subdivision.
      1008 Mallard Dr, Lindale, TX 75771
      View Details
    • $69,999
      0.23 Acres

      Residential Land in Eagle Creek

      Residential land with utilities in Lindale's Eagle Creek Subdivision.
      1012 Mallard Dr, Lindale, TX 75771
      View Details
    • $100,000
      3.00 Acres

      Lindale, TX - 3 Acre Lot

      3 acre lot in Lindale ISD near schools and amenities.
      3 Tbd Cr 4114, Lindale, TX 75771
      View Details
    • $100,000
      3.00 Acres

      Lindale, TX - 3 Acre Lot

      3 acre lot in Lindale ISD, perfect for custom home.
      4 Tbd Cr 4114, Lindale, TX 75771
      View Details
    • $100,000
      3.83 Acres

      Lindale, TX Rural Acreage

      3+ acre lot near Lindale schools, shopping, and dining.
      5 Tbd Cr 4114, Lindale, TX 75771
      View Details

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    • For Sale

    Properties for sale

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    April Shipman, Lindale, TX
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    April Shipman, Lindale, TX
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