#25009925, Derek Harris, Listing office: Leslie Cain Realty, LLC
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
StatusActive
(ACTIVE)
(ACTIVE)
Year built2023
ParkingAttached
MLS #20250016
Attached garageYes
Summary
- Appliances: Electric Water Heater, Dishwasher, Electric Oven, Microwave, Refrigerator, Electric Range
- Flooring Type: Tile, Vinyl
- Attached Garage: Yes
- Parking: Attached
- Architectural Style: Slab
- List Price: $899,900
- Directions: From downtown Lindale head East on FM 16. Property is on the left.
- Year Built: 2023
- Stories: 2
- MLS Number: 20250016
- MLS Name: Longview
- Office Name: Leslie Cain Realty, LLC
- Office Phone: (903) 594-8721
- Listing Agent: D Stacey Harris
Information is provided by Longview Area Association Of Realtors®. This information is believed to be accurate, but without any warranty. All properties are subject to prior sale, change or withdrawal. Listing(s) information 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. Copyright © 2025 Longview Area Association Of Realtors®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 7/31/2025, 8:45:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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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
7
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 most common annual income of people living in Lindale, TX is between $35k-100k. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.
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
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Frequently asked questions
About 11722 Fm 16
The listing price of 11722 Fm 16 property is $899,900.
The property 11722 Fm 16 is a multi located in Lindale, Texas, 75771.
Active Listing: 11722 Fm 16 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11722 Fm 16 are: College Street Elementary School (GreatSchools Rating 7/10), Velma Penny Elementary School (GreatSchools Rating 9/10), Hawkins Elementary School (GreatSchools Rating 7/10), E J Moss Intermediate School (GreatSchools Rating 7/10), Lindale Jr High School (GreatSchools Rating 9/10), Winona Middle School (GreatSchools Rating 8/10), Lindale High School (GreatSchools Rating 7/10), Hawkins High School / Middle School (GreatSchools Rating 6/10), Winona High School (GreatSchools Rating 3/10).
The year of construction for 11722 Fm 16 is 2023.
This home is located at 11722 Fm 16 in Lindale, TX and zip code 75771. Features: 0 bathroom. It has been listed on Rocket Homes since January 2, 2025 and is currently priced at $899,900.
Over 3 listings were sold over their listed price in June 2025 in Lindale, TX. In the same period over 8 listings were sold below the listed price and 5 listings were sold for the listed price. The number of listings in Lindale, TX increased by 10% between May and June 2025. The median list price of listings available in June 2025 was $376,000, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.