11722 Fm 16 W, Lindale

$899,900

8 Beds
8.4 Baths
0 Sqft
1 Acres
1 Garages

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!

Essential Information
MLS® #20806934
Price$899,900
Bedrooms8
Bathrooms8.40
Full Baths8
Half Baths4
Acres1.00
Year Built2023
TypeResidential Income
Sub-TypeQuadruplex
StatusActive
Community Information
Address11722 Fm 16 W
SubdivisionAllegretto Estates
CityLindale
CountySmith
StateTX
Zip Code75771
Amenities
Parking Spaces4
# of Garages1
Utilities

Aerobic Septic, Cable Available, City Water

Garages

Electric Vehicle Charging Station(s), Garage, Garage Door Opener

Interior
Interior FeaturesCable TV Available
HeatingCentral, Electric
Exterior
RoofComposition
ConstructionBrick, Siding, Stone Veneer
FoundationSlab
School Information
DistrictLindale ISD
ElementaryPenny
HighLindale
Listing Details
AgentStacey Harris
OfficeLeslie Cain Realty

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Listing information last updated on February 8th, 2025 at 9:17am CST.

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