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$269,000 Just Listed
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Property Description
Welcome to 509 Penny Lane, where comfort, convenience, and opportunity come together in the heart of Lindale ISD. This beautifully maintained home features a desirable split bedroom floor plan designed for both everyday living and privacy. The spacious primary suite offers a peaceful retreat with a generously sized bedroom and ensuite bath. Thoughtfully cared for and truly move-in ready, this home also provides the perfect canvas for those who want to personalize and elevate the space to reflect their own style. Recent updates offer added peace of mind, including a roof that's only one year old, a 3-year-old exterior HVAC condenser, and 2026 improvements that include fresh interior paint, a new water heater, updated ceiling fans, and modern light fixtures. Ideally located within walking distance to the Pool park, baseball fields, schools, dining, and shopping, you'll enjoy the convenience of having Lindale's best amenities just moments from your doorstep. Whether you're searching for your first home, your next home, or an investment in one of East Texas' most sought-after communities, this is a rare opportunity to enjoy location, livability, and lasting value.
Full Property Details
Full Property Details for 509 Penny Ln
General
- Price: $269,000
- Taxes: (2026)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 26009741
- Updated: 7/13/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Master Bedroom Split, Vaulted Ceiling(s)
- Fireplace: Yes
- Fireplace(s): Wood Burning
- Appliances: Electric Range, Dishwasher
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Shower and Tub
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Kitchen: Pantry
Additional Information
- Security/Safety: Audio and Video Surveillance
Exterior
- Porch/Patio/Deck: Screened
Parking
- Carport Spaces: 2
- Parking Features: Concrete
Location
- County: Smith
- Subdivision: Mt Sylvan Place
- Driving Directions: from i20 head north on hwy 69. Left on Perryman road. Take a right onto Penny Lane Rd. Cross over fm 849 and continue on Penny lane to the right. House on Left. SIY
School Information
- Elementary School: Lindale
- Middle School: Lindale
- High School: Lindale
Heating & Cooling
- Cooling Type: Central Electric
- Heating Type: Central/Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Standard Electric
Structural Information
- Architectural Style: Traditional
- Construction: Brick
- Foundation: Slab
- Roof: Composition
- Windows: Blinds
- Square Feet: 1,728
- Sq. Ft. Source: scad
- Year Built: 1999
- Year Built Source: smitcad
- Property Condition: Pre-owned
Additional Structures
- Other Structures: Storage
Lot Features
- Lot Size (Acres): 0.696
- Lot Description: Half to 1 Acre
- Fencing (Description): Partial
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $155.67
- For Sale/Rent/Lease: For Sale
- Tax Year: 2026
- Terms: Conventional, FHA, VA Loan, Must Qualify, Cash
Disclosures and Reports
- Documents Avail.: Survey Plat
- Legal Description: MT SYLVAN PLACE @ PENNY LANE U-2 LOT 1
Listed by Leslie Cain Realty, LLC, April Shipman
Get Pre-Approved Today
Schools
Schools serving 509 Penny Ln
School District:Lindale Independent School District
| Name | Grades | Distance |
|---|---|---|
Velma Penny Elementary School 1000 Mount Sylvan Street, Lindale, TX 75771 | 1-3 | 0.3 mi |
College Street Elementary School 106 North College Street, Lindale, TX 75771 | 1-3 | 0.5 mi |
Early Childhood Center 201 Stadium Drive, Lindale, TX 75771 | PK-K | 0.6 mi |
Lindale Junior High School 409 East Eagle Spirit Drive, Lindale, TX 75771 | 7-8 | 0.7 mi |
Lindale High School 920 East Hubbard Street, Lindale, TX 75771 | 9-12 | 1.3 mi |
E J Moss Intermediate School 411 East Eagle Spirit Drive, Lindale, TX 75771 | 4-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 509 Penny Ln
Date
Details
Price
Change
Source
7/13/2026
Listed
$269,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 509 Penny Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,526
2%
$266,403
17%
2024
$3,465
15%
$226,908
-6%
2023
$3,008
-17%
$241,263
20%
2022
$3,637
3%
$200,752
18%
2021
$3,533
—
$170,479
3%
2020
$3,550
-5%
$165,386
8%
2019
$3,737
3%
$152,925
4%
2018
$3,632
7%
$147,031
7%
2017
$3,385
—
$137,416
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 509 Penny Ln
509 Penny Lane, Lindale, TX 75771 (MLS# 26009741) is a Single Family property with 3 bedrooms and 2 full bathrooms. 509 Penny Lane is currently listed for $269,000 and was received on July 13, 2026. Want to learn more about 509 Penny Lane? Do you have questions about finding other Single Family real estate for sale in Lindale? You can browse all Lindale real estate or contact a Coldwell Banker agent to request more information.

