11722 Fm 16, Lindale, Texas

$899,900

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Property Details

MLS ID: 20806934

Status: Active

Price: $899,900

Acres: 1±

Type: Fourplex, Residential

Address: 11722 Fm 16

City, State: Lindale, TX

County: Smith County

ZIP Code: 75771

Lat/Long: 32.52157, -95.35853

Parcel Number: 101650000000001010

Bedrooms: 8

Bathrooms: 12

Year Built: 2023

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!

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

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Creager Davis

Capitol Ranch Real Estate, LLC

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Creager Davis

Capitol Ranch Real Estate, LLC

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You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: April 19, 2025 at 12:00:00 AM UTC

Listed By: Stacey Harris of Leslie Cain Realty