11722 Fm 16 W
Lindale, TX 75771
- 8 beds
- 12 baths
- – sqft
- ~1 acre lot
- 2023 build
- – on site
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!
Last checked:
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Last updated Jan 2, 2025
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MLS# 20806934 —
The Building
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Year Built:2023
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Year Built Details:Preowned
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Accessibility Features:No
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Roof:Composition
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Foundation Details:Slab
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Levels:Two
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Construction Materials:Brick, Siding, Stone Veneer
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Building Area Total:5776.00
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Building Area Source:Builder
Interior
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Interior Features:Cable TV Available
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Flooring:Carpet, Ceramic Tile, Vinyl
Location
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Directions:From downtown Lindale head East on FM 16. Property is on the left.
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Latitude:32.52139300
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Longitude:-95.35842300
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:101650000000001010
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Lot Size SqFt:43647.1200
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Lot Size Acres:1.0020
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Lot Size Area:1.0020
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Lot Size Units:Acres
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Fencing:Wood
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# of Buildings:1
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Will Subdivide:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Lot:1A
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Tax Legal Description:ALLEGRETTO ESTATES LOT 1A
Beds
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Bedrooms Total:8
Baths
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Total Baths:8.40
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Total Baths:12
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Full Baths:8
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Half Baths:4
The Listing
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/ntreis/20806934
Heating & Cooling
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Heating:Central, Electric
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Cooling:Central Air, Electric
Utilities
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Utilities:Aerobic Septic, Cable Available, City Water
Appliances
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Appliances:Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
Schools
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School District:Lindale ISD
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Primary School Name:Lindale
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Elementary School:Penny
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Elementary School Name:Penny
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Intermediate School Name:Moss
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High School Name:Lindale
The Community
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Subdivision Name:Allegretto Estates
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Pool:No
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Association Type:None
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Complex Name:Allegretto Estates
Parking
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Garage:Yes
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Attached Garage:Yes
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Garage Spaces:1
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# of Parking Spaces:4
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Parking Features:Electric Vehicle Charging Station(s), Garage, Garage Door Opener
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/2/25
Jan 2, 2025
|
Listed / Active | NTREIS | $899,900 |
