1501 S Main Street, Lindale, TX 75771
- Added:
- Apr 18, 2026
- Days on Market:
- 59
- Last Refresh:
- Jun 15 at 10:06 pm
Property Features for 1501 S Main Street
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Pending
- APN
- 100000094803017000
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Description
- ABST A0948 J SANDERS TRACT 17 S03 & PT LT 18
- Tax Annual Amount
- 5652
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Wood
- Building materials
- Brick
- Roof type
- Composition
Listing agent Trish Anderson License #0446825 (903) 881-0500
Listing office I-20 Team Real Estate, LLC Lindale, TX (903) 881-0500
Listing date Apr 18, 2026
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Over 2,200 SF renovated commercial office space on Main Street in Lindale
- Built in 1962 with brick construction, wood flooring, and a composition roof
- Layout includes four offices, three bathrooms, a conference room, and a reception area
- Multiple access points with road frontage on Main Street and Pearl Street
- Central heating and central air; public water and public sewer
- Conveniently located on Hwy 69 with daily traffic exceeding 25,000
Overview
The property is positioned in Lindale’s business district with convenient access from Highway 69. Public remarks also note road frontage on Main Street and Pearl Street, supporting easy arrival for clients and visitors. Ample parking is included, helping accommodate day-to-day traffic and improve the overall customer experience. The listing further states daily traffic exceeds 25,000 on Highway 69, contributing to high visibility.
For buyers or operators seeking an established, renovated office environment in a visible main-street setting, this offering provides an immediately usable configuration with multiple rooms and bathrooms already in place. The combination of reception, private offices, and a conference room supports common professional functions, whether you’re planning a single-tenant operation or evaluating options for a multi-room office setup.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $18.00 |
| − Vacancy | −$4.8k | −$2.16 |
| EGI | $34.8k | $15.84 |
| − OpEx | −$8.7k | −$3.96 |
| NOI | $26.1k | $11.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lindale
- County
- Smith
- State
- Texas
- Longitude
- -95.406073
- Latitude
- 32.500053