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Lindale, TX 75771
  • 2 Beds
  • 2 Baths
  • 16,890 sqft
$2,850,000

About this home

This recently built apartment complex in Lindale offers a rare opportunity to own a fully occupied, income-producing property in a highly desirable and growing area. Consisting of two buildings with a total of 15 units, this well-maintained complex is 100% occupied and designed with both investor return and tenant comfort in mind. The unit mix includes eleven 2 bed, 2.5 bath units at 1,160 sq ft, along with four 1 bed, 1.5 bath units at 900 sq ft. Each unit features a fresh, modern design with spacious layouts and access to a private fenced backyard area - an added feature that sets this property apart and enhances tenant appeal. Tenants pay all utilities, helping maximize efficiency and simplify management. Ideally located in Lindale school district, the property is just minutes from local shopping, dining, and amenities, with convenient access to Tyler and I-20 for easy commuting to surrounding cities. With strong occupancy, desirable unit features, and a prime location, this is an exceptional investment opportunity in the heart of East Texas!

Overview

Full Baths
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Half Baths
0
Bathrooms
2
Bedrooms
2
Building Area
16890
Levels
Two
Living Area
16890
Lot Size (Acres)
0.539
Property Subtype
Apartment
Property Type
Residential Income
Status
Active
Year Built
2020

Interior

Appliances
Dishwasher, Electric Range, Disposal, Microwave
Cooling
Central Air, Electric
Fireplaces
0
Flooring
Tile, Wood
Heating
Central, Electric
Interior Features
Open Floorplan

Exterior & Construction

Construction
Wood Siding
Exterior Features
Balcony
Foundation
Slab
Roof
Composition

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Lindale
County
Smith
School District
Lindale ISD
ZIP Code
75771
State
TX
Subdivision
CITY OF LINDALE

Financial

Price
2850000

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Kayla Riggs
Listing Office
Keller Williams Realty-Tyler
MLS #
21248557
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21248557

Listing agents

Listing AgentKayla RiggsKeller Williams Realty-Tyler

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