$899,900

Est. payment - /mo

8 Beds

12 Baths

5,776 SqFt

Active

11722 Fm 16 W Lindale, TX 75771

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Ryan Smith

HOMESTEAD AND RANCH REAL ESTATE

ryan@homesteadandranch.com +1(512) 466-1460

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,776 sqft

Price per Sqft $155

Subdivision Allegretto Estates

MLS Listing ID 20806934

Bedrooms 8

Full Baths 8

Half Baths 4

HOA Y/N No

Year Built 2023

Annual Tax Amount $10,021

Lot Size 1.002 Acres

Acres 1.002

Property Sub-Type Quadruplex

Property Description

Rare luxury investment property opportunity in Lindale! Fourplex with multiple investment strategies already in play. 2 bedrooms and 2.5 baths per unit including full upscale kitchen, laundry area, open concept living and level 2 Tesla chargers in all units! 2 units currently used as Mid-term rentals, 1 unit as Short-term and 1 unit as Long-term. Maximum rental potential already achieved and all you have to do is continue the plan! 3 units are fully furnished including all appliances and everything needed to continue the current strategy will convey! Come see this exceptional opportunity in one of the highest rated school districts in East Texas which equates to AWESOME rent rates and LOW VACANCIES. Call today to schedule a tour!

Location

State TX

County Smith

Direction From downtown Lindale head East on FM 16. Property is on the left.

Interior

Interior Features Cable TV

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile, Vinyl

Fireplace No

Appliance Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

Exterior

Parking Features Electric Vehicle Charging Station(s), Garage, Garage Door Opener

Garage Spaces 1.0

Fence Wood

Pool None

Utilities Available Septic Available, Water Available, Cable Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Building

Foundation Slab

Sewer Aerobic Septic

Water Public

Level or Stories Two

Schools

Elementary Schools Penny

High Schools Lindale

School District Lindale Isd

Others

Tax ID 101650000000001010

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20806934

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