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1/23
$389,500 Just Listed
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1/23
Property Description
Welcome to the former Headquarters of the Penny Farm that became Penny Lane Subdivision! If you need Lots of indoor and outdoor space this home is it! Nearly 4000 sqft Heated and Cooled (by 2 AC systems) and 2.3 acres. The Home feature 3 upstairs bedrooms (split) 2 share a full bath and 1 has its own half bath. (this BR is used as storage right now.) The primary Bedroom and Bath are downstairs, along with an office space, sunroom, an additional 3rd full bath, dining room, and kitchen with a large breakfast area. The home received numerous updates in 2015, the roof and the main downstairs AC were replaced a year ago. If you want to have a plenty of room for a garden or chickens or just space for your kids to run and play this home has it! Outside, along with plenty of room to roam, you will find a Large original barn, an RV shed, and an Insulated H/C Hobby room or shop which could become a mother-in-law suite with some changes! There is also a well on the place used for watering the yard and a predrilled second well for good measure! The Home could use a few additional improvements and is priced so a new owner can reap the benefit of the value those bring! Come and see it!
Full Property Details
Full Property Details for 600 Penny Ln
General
- Price: $389,500
- Taxes: $4,432 (2025)
- Status: Active
- Type: Single Family
- Source: Tyler_MLS
- MLS ID: 26002524
- Updated: Today (2/23/2026)
- Added to Site: Today
Interior
- Rooms/Areas: Office, Family Room, Utility Room, Sunroom
- Interior Features: Ceiling Fan, Cable TV Available
- Fireplace: Yes
- Fireplace(s): One Wood Burning
- Appliances: Double Oven, Cooktop-Gas
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
- Bedroom Features: Master Bedroom Downstairs
Other Rooms
- Family Room: Yes
- Dining Room: Kitchen/Eating Combo, Separate Formal Dining
Additional Information
- Pool Description: None
Exterior
- Exterior Features: Patio Open
Parking
- Garage Spaces: 2
Location
- County: Smith
- Subdivision: None
- Driving Directions: From Hwy 69 and Fm 16 in downtown Lindale headed North. Go Left or West on 16, turn South or Left FM 849, Turn Right on Penny ln (not the subdivision) the Driveway will be in the curve, there is a white iron entrance and a long concrete drive. Sign in the yard. The home is in the NW corner of Penny ln and Abbey Road.
School Information
- Elementary School: Lindale
- Middle School: Lindale
- High School: Lindale
Heating & Cooling
- Cooling Type: Central Electric, Ceiling Fan(s)
- Heating Type: Central/Gas
Structural Information
- Architectural Style: Traditional
- Exterior Const.: Brick and Wood, Alum/Vinyl Siding
- Foundation: Pier and Beam, Slab
- Roof: Composition
- Square Feet: 3,804
- Sq. Ft. Source: SCAD
- Year Built: 1948
Lot Features
- Lot Size (Acres): 2.391
- Lot Dimensions: 2.391
- Fencing (Description): Chain Link Fence
Financial Considerations
- Tax Amount: $4,432
- Tax Year: 2025
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Special Conditions: Owner-Agent
Listed by Simmons Real Estate, Tony Foster
Get Pre-Approved Today
Schools
Schools serving 600 Penny Ln
School District:Lindale Independent School District
| Name | Grades | Distance |
|---|---|---|
Velma Penny Elementary School 1000 Mount Sylvan Street, Lindale, TX 75771 | 1-3 | 0.2 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 | 0.8 mi |
Lindale High School 920 East Hubbard Street, Lindale, TX 75771 | 9-12 | 1.4 mi |
E J Moss Intermediate School 411 East Eagle Spirit Drive, Lindale, TX 75771 | 4-8 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 600 Penny Ln
Date
Details
Price
Change
Source
2/23/2026
Listed
$389,500
—
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 600 Penny Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,289
—
$370,449
6%
2024
$5,289
—
$348,548
—
2023
$5,282
-15%
$347,822
14%
2022
$6,234
4%
$306,156
9%
2021
$5,989
5%
$279,729
3%
2020
$5,707
—
$270,535
15%
2019
$5,724
2%
$234,270
3%
2018
$5,592
-5%
$226,419
-5%
2017
$5,888
2%
$238,993
3%
2016
$5,756
3%
$233,060
3%
2015
$5,584
3%
$225,209
4%
2014
$5,427
3%
$215,647
2%
2013
$5,285
—
$211,348
—
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 600 Penny Ln
600 Penny Ln, Lindale, TX 75771 (MLS# 26002524) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 600 Penny Ln is currently listed for $389,500 and was received on February 23, 2026. Want to learn more about 600 Penny Ln? 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.

