$899,900
For Sale

11722 Fm 16 W

Lindale, TX 75771
8 beds | 10 baths | 1.00 acres | #20806934
Browse 25 photos
Type:Multi-Family
Structure:4 Family
Zone:Commercial

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!

  • Property Details
      • Utility FeaturesAerobic Septic, Cable Available, City Water
      • InteriorCable TV Available
      • SubdivisionAllegretto Estates
      • Property TypeMulti-Family
      • School DistrictLindale ISD
      • Property SubtypeQuadruplex
      • MLS #20806934
      • MLS #20806934
      • Acres1.0020
      • Cost899900
      • Elementary SchoolPenny
      • CountySmith
      • Year Built2023
      • FoundationSlab
      • Bathrooms10
      • Bedrooms8
      • Full Baths8
      • Half Baths4
      • Parking Spaces1

Location

Anthony L. BrownJPAR Real Estate
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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