11722 Fm 16

Lindale, Texas 75771

  • 8 Bed(s)
  • 12 Bath(s)
  • 0 Sqft
  • 1.002
    Acre(Lot)
$899,900

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!

  • Property Type

    Residential Income

  • Subdivision

    Allegretto Estates

  • County

    Smith

  • Style

    Residential Income

  • AD ID

    48199877

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Property Details

  • Bedroom Information

    • Total Bedrooms : 8

    Bathroom Information

    • Total Baths: 8.5
    • Full Baths: 8
    • Half Baths: 4

    Interior Features

    • Cable TV Available

    Appliances

    • Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator

    Utilities

    • Aerobic Septic,Cable Available,City Water

    Cooling Features

    • Central Air,Electric

    Heating Source

    • Central,Electric

    Fireplace

    • Number of Fireplaces: 0

  • Building Information

    • Built Year: 2023
    • Building Area Total: 5,776
    • Construction: Brick,Siding,Stone Veneer
    • Roof Type: Composition

    Foundation

    • Slab

    Fencing

    • Wood

    Construction Materials

    • Brick,Siding,Stone Veneer

  • Lot Information

    • Lot Size (Acr): 1.0020
    • Lot Size Units: Acres
    • Lot Size Square Feet: 43647.1200

    Property Information

    • Property Type: Residential Income
    • Property Sub Type: Quadruplex
    • Subdivision: Allegretto Estates
    • City: Lindale
    • State: Texas
    • Directions: From downtown Lindale head East on FM 16. Property is on the left.
    • Property Status: Active

  • Listing Price Information

    • Original List Price: $899,900

    Listing Information

    • Possession: Closing/Funding

  • Tax Information

    • Parcel Number: 101650000000001010
    • Tax Legal Description: ALLEGRETTO ESTATES LOT 1A
    • Tax Lot: 1A
    • Unexempt Taxes: $10,021

  • Parking Information

    • Has Garage
    • Garage Space: 1
    • Parking: 4
    • Parking Features: Electric Vehicle Charging Station(s),Garage,Garage Door Opener

    Homeowners Association Information

    • HOA Type: None

  • School Information

    • Elementary School: Penny
    • High School: Lindale
    • Primary School: Lindale
    • Intermediate School: Moss
    • School District: Lindale ISD

    Utility Information

    • Utilities: Aerobic Septic,Cable Available,City Water
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

BuyOwner last updated this listing 02/22/2025 @ 12:41

  • MLS: 447940584
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: NTREIS - North Texas Real Estate Information

is a Home, with 8 bedrooms which is for sale, it has 0 sqft, 1 sized lot, and 1 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Lindale , in zip code 75771, this Smith County Home , it is in the Allegretto Estates Subdivision, are nearby neighborhoods.