11722 Fm 16 W Lindale, TX 75771
Estimated payment $5,810/month
Total Views
4,627
--
Bed
--
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- 2 Car Attached Garage
- Tile Flooring
- Wood Fence
- College Street Elementary School Rated A
- Central Heating and Cooling System
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,955
Year Built
- Built in 2023
Parking
- 2 Car Attached Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
Kitchen
- Electric Oven
- Microwave
- Dishwasher
Flooring
- Tile
- Vinyl
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- 2-Story Property
- Wood Fence
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number R223197
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,955 | $637,788 | $24,324 | $613,464 |
| 2023 | $380 | $24,324 | $24,324 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $899,900 | +2.7% | -- |
| 07/01/2025 07/01/25 | For Sale | $875,900 | -2.7% | $152 / Sq Ft |
| 06/27/2025 06/27/25 | Off Market | -- | -- | -- |
| 06/21/2025 06/21/25 | Off Market | -- | -- | -- |
| 01/02/2025 01/02/25 | For Sale | $899,900 | -- | -- |
Source: Longview Area Association of REALTORS®
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $705,500 | New Conventional | |
| Closed | $600,000 | Construction |
Source: Public Records
Similar Home in Lindale, TX
Source: Longview Area Association of REALTORS®
MLS Number: 20250016
APN: 1-01650-0000-00-001010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025 Longview Area Association of REALTORS®. All rights reserved. Information is deemed reliable but not guaranteed.
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