Video tour
$10,000 Closing Credit¹
#20806934, Stacey Harris, Listing Office: Leslie Cain Realty
$10,000
closing credit¹
11722 Fm 16 Lindale, TX 75771
$899,900 List price
$10,000
Closing credit¹
8 beds
10 baths
5,776 sqft
1.0 acres
$156 / sqft
Multi-Family
Property details
About 11722 Fm 16
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!
Highlights
Home typeQuadruplex
HeatingElectric, Central
StatusActive
CoolingCentral Air
Size5,776 sqft
Lot size1 Acres
Year built2023
ParkingConcrete
MLS #24016948
Summary
- MLS Number: 24016948
- MLS Name: TylerTX
- Office Name: Leslie Cain Realty, LLC
- Listing Agent: Derek Harris
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed. Copyright © 2025 Greater Tyler Association of REALTORS® All rights reserved.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 2/2/2025, 10:15:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$899,900
11722 Fm 16
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
7
College Street Elementary School
Public District 1-3
3.2 mi
•106 N College St
9
Velma Penny Elementary School
Public District 1-3
3.7 mi
•1000 Mount Sylvan St
6
Hawkins Elementary School
Public District PK-5
9.7 mi
•179 Hawk Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $59,036. The majority of Lindale, TX residents have income between $35k-100k annually. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
30%
<35k
49%
35k-100k
17%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
25%
Single, No Kids
9%
Single, with Kids
32%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
11%
12-17 yrs old
17%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country- Country
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 11722 Fm 16 in Lindale, TX and zip code 75771. This 5,776 square foot home, which was built in 2023, sits on a 1.00 acre lot. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $899,900.
The number of homes for sale in Lindale, TX increased by 23.9% between December and January 2025. In January 2025 median list price was $350,000 and the average listing age was 109 days.
From Rocket Homes Real Estate and based on county public records data.