Lindale TX Multi Family for Sale
$899,900
11722 Fm 16 Lindale, TX 75771
- Type:
- Fourplex
- Sq.Ft.:
- 5,776
- Status:
- NEW LISTING
- Beds:
- 8
- Lot size:
- 1 Acres
- Year built:
- 2023
- Baths:
- 12.00
- MLS#:
- 20806934
- Subdivision:
- Allegretto Estates
View additional info
Courtesy: Leslie Cain Realty
ADDITIONAL INFORMATION
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!
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. ©2025 North Texas Real Estate Information Systems
Lindale Real Estate
The median home value in Lindale, TX is $253,500. This is higher than the county median home value of $241,500. The national median home value is $338,100. The average price of homes sold in Lindale, TX is $253,500. Approximately 65.74% of Lindale homes are owned, compared to 20.79% rented, while 13.48% are vacant. Lindale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lindale real estate agent to arrange a tour today!
Lindale, Texas has a population of 6,000. Lindale is more family-centric than the surrounding county with 40.56% of the households containing married families with children. The county average for households married with children is 34.01%.
The median household income in Lindale, Texas is $76,033. The median household income for the surrounding county is $62,518 compared to the national median of $69,021. The median age of people living in Lindale is 35.1 years.
Lindale Weather
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 45 inches per year, with 0.8 inches of snow per year.