11722 FM 16 Active Save Request In-Person Tour Request Virtual Tour
Lindale,TX 75771
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,776 sqft
Price per Sqft $155
Subdivision Allegretto Estates
MLS Listing ID 24016948
Bedrooms 8
Year Built 2023
Annual Tax Amount $10,021
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
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
Zoning Multi Fam Dwelling 2 ½ St
Interior
Heating Central Electric
Cooling Central Electric
Flooring Carpet,Ceramic Tile,Vinyl
Fireplaces Type None
Equipment Range/Oven-Electric,Dishwasher,Microwave,Refrigerator
Exterior
Fence Wood Fence
View Y/N No
Roof Type Composition
Building
Foundation Slab
Sewer AerobicSeptic Sys
Water Community
Level or Stories 2 Stories
Schools
Elementary Schools Lindale
Middle Schools Lindale
High Schools Lindale