11722 Fm 16 W new Save Request In-Person Tour Request Virtual Tour
Lindale,TX 75771
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Allegretto Estates
MLS Listing ID 20806934
Bedrooms 8
Full Baths 8
Half Baths 4
Year Built 2023
Annual Tax Amount $10,021
Lot Size 1.002 Acres
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
Interior
Heating Central,Electric
Cooling Central Air,Electric
Flooring Carpet,Ceramic Tile,Vinyl
Exterior
Garage Spaces 1.0
Fence Wood
Utilities Available Aerobic Septic,Cable Available,City Water
Roof Type Composition
Building
Story Two
Foundation Slab
Structure Type Brick,Siding,Stone Veneer
Schools
Elementary Schools Penny
High Schools Lindale
School District Lindale Isd