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11722 Fm 16

Lindale, TX 75771
  • $899,900
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 24016948
UPDATED: 44 min ago
$899,900
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,776
    SQFT
  • $156
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2023
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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!

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[Greater Tyler Association Of Realtors MLS] logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-16T13:28:52.27.
www.platinumrealtygroup.homes/homes/158962626
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11722 Fm 16 Lindale, TX 75771

  • Price: $899,900
  • Status: Active
  • On Site: 57 Days
  • Updated: 44 min ago
  • MLS #: 24016948
0
Beds
0
Baths
0
½ Baths
1
Acres
5,776
SQFT
$156
$/SQFT
2023
Built
Neighborhood:
Allegretto Estates
County:
Smith
Area:
Smith
Elementary School:
Lindale
Middle School:
Lindale
High School:
Lindale
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!
Exterior Features

Construction Brick VeneerSiding Driveway Concrete Fencing Wood Fence Multifamily Parking 1 Or More Per Unit Roof Composition Water View No Waterfront No

Interior Features

Baths Unit1 2.5 Baths Unit2 2.5 Baths Unit3 2.5 Baths Unit4 2.5 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Cooling Central Electric Fireplace None Flooring CarpetCeramic TileVinyl Heating Central Electric Kitchen Equipment Range/Oven-ElectricDishwasherMicrowaveRefrigerator Levels 2 Stories

Property Features

Documents On File Survey Plat Foreclosure Or Bank Owned No Foundation Slab Individual Meters Individual Electric MeterIndividual Water Meters Lake Community No Multifamily Type Fourplex Owner Expenses TaxesInsuranceMaintenance RepairsLawn Care Sewer AerobicSeptic Sys Short Sale YN No Sq Ft Source SCAD Taxes 10021.48 Tenant Pays All Utilities Water Community

Listing provided courtesy of of Leslie Cain Realty, LLC: . Listing information © 2025 Greater Tyler Association of REALTORS® Multiple Listing Service.


[Greater Tyler Association Of Realtors MLS] logo The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS® Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. This information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-02-16T13:28:52.27.
 
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Platinum Realty
7925 S Broadway Ave #430
Tyler TX, 75703