Lindale, TX 75771,11722 Fm 16 W
Lindale, TX 75771,11722 Fm 16 W
Lindale, TX 75771,11722 Fm 16 W
25
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$899,900
Est. payment /mo
8 BD
12 BA
1 Acres Lot
New

11722 Fm 16 W Lindale, TX 75771

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UPDATED:

01/02/2025 11:10 PM

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

HOA Y/N None

Total Fin. Sqft 5776

Year Built 2023

Annual Tax Amount $10,021

Lot Size 1.002 Acres

Acres 1.002

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

Direction From downtown Lindale head East on FM 16. Property is on the left.

Interior

Interior Features Cable TV Available

Heating Central, Electric

Cooling Central Air, Electric

Flooring Carpet, Ceramic Tile, Vinyl

Appliance Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator

Heat Source Central, Electric

Exterior

Garage Spaces 1.0

Fence Wood

Utilities Available Aerobic Septic, Cable Available, City Water

Roof Type Composition

Garage Yes

Building

Story Two

Foundation Slab

Level or Stories Two

Structure Type Brick,Siding,Stone Veneer

Schools

Elementary Schools Penny

High Schools Lindale

School District Lindale Isd

Others

Ownership BIHSOH PRECIOUS & WILLIAM BESONG


North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Stacey Harris • Leslie Cain Realty

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agent

Tanya Lang

Principal Agent | License ID: 0569445

+1(817) 528-1912

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11722 Fm 16 W