Lindale, TX 75771,11722 FM 16
Lindale, TX 75771,11722 FM 16
Lindale, TX 75771,11722 FM 16
$875,900
Est. payment /mo
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 Beds
8 Baths
5,776 SqFt
SOLD DATE : 08/26/2025

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,776 sqft

Price per Sqft $146

Subdivision Allegretto Estates

MLS Listing ID 25009925

Bedrooms 8

Year Built 2023

Annual Tax Amount $10,021

Tax Year 2024

Lot Size 1.000 Acres

Property Sub-Type Fourplex

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

Zoning Multi Fam Dwelling 2 ½ St

Interior

Heating Central Electric

Cooling Central Electric

Flooring Carpet, Ceramic Tile, Vinyl

Fireplaces Type None

Equipment Range/Oven-Electric, Dishwasher, Microwave, Refrigerator

Exterior

Fence Wood Fence

View Y/N No

Roof Type Composition

Building

Foundation Slab

Sewer AerobicSeptic Sys

Water Community

Schools

Elementary Schools Lindale

Middle Schools Lindale

High Schools Lindale

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Greater Tyler MLS (GTARMLS)
Listed by Derek Harris • Leslie Cain Realty, LLC
Bought with Amy Turman

Get More Information

Harris Team

Harris Team

+1(903) 521-5900

REALTOR® | License ID: 667045

REALTOR® License ID: 667045

Name

Phone*

Message