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Miranda Lambert Sells 24.89 Acre Estate In Lindale For $1,585,900 With Buyer’s Rep Delanee Clark
SOLD
$1,585,900
Texas
See Similar DealsSingle Family4,643 SF
Sold 04/08/2026
SOLD
Miranda Lambert Sells 24.89 Acre Estate In Lindale For $1,585,900 With Buyer’s Rep Delanee Clark
18621 County Road 477
See Similar DealsSingle Family4,643 SF
Sold 04/08/2026
Summary
TEXAS
Asset Type:Single Family
Price Per Square Foot:$341
Total Square Footage:4,643 SF
Transaction Type:Sale
A single-family property located at 18621 County Road 477 in Lindale, Texas, has been sold for $1,585,900. The asset spans 4,643 square feet and sits on 24.89 acres of land.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $1,585,900
- Square Footage: 4,643
- Price Per Square Foot: $342
- Market: Lindale
- Seller: Miranda Lambert
- Seller's Representative: Lee Trowbridge - Compass
- Buyer's Representative: Delanee Clark - Re/Max Landmark
The property, previously the childhood estate of Miranda Lambert, features two homes, a warehouse, a shooting range, and RV hookups. The new owner plans to convert the estate into a wedding and short-term event venue.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,581.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,634.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,517.98
Annual Debt Service$90,215.70
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