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$319,000

15421 County Road 4140 Lindale, TX 75771

0.7 acres
Multi-Family

Property details

About 15421 County Road 4140

Discover the perfect investment with three income-producing homes situated on 0.65 acres! This unique property offers a steady rental history and is ideal for investors looking for immediate cash flow. Front Home: A beautifully updated 3-bedroom, 2-bath residence featuring an open-concept layout, modern finishes, and plenty of natural light. Middle Home: A charming 2-story home with 2 bedrooms and 2 bathrooms, perfect for long-term tenants or short-term rentals. Back Unit: A 1-bedroom efficiency apartment plus a large storage space—offering additional rental potential or owner use. With a proven track record of continuous occupancy, this turnkey investment is ready to generate returns from day one. Whether you’re expanding your portfolio or looking for a multi-family opportunity, this property just works!

Highlights

Home typeTriplex
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Lot size0.654 Acres
Year built2001
ParkingDriveway
MLS #20892544

Virtual tour

Summary

  • Appliances: Electric Oven, Electric Range
  • Flooring Type: Laminate
  • Interior: Cable TV
  • Parking: Driveway
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $319,000
  • Annual Tax Amount: $3,532
  • Tax Year: 2023
  • Directions: From Hwy 69 take Perryman road to fm 849. Take a left onto fml 849. take a right onto cr 4140. Property on left. SIY
  • Year Built: 2001
  • Lot Size: 0.654 Acres
  • MLS Number: 20892544
  • MLS Name: NTR
  • Office Name: Leslie Cain Realty
  • Office Phone: (903) 594-8721
  • Listing Agent: April Shipman

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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: 7/24/2025, 2:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Feb 13, 2012
Home Sold
$89,500

Tax history

YearAssessmentProperty Tax
2023$226,326$3,532
2022$193,893$3,424
2021$165,063$2,995
2020$161,186$2,337
2019$118,522$2,046
2018$102,563$2,046
2017$100,017$1,987

History based on county public records data.

Nearby schools

9

Velma Penny Elementary School

Public District 1-3

0.5 mi

1000 Mount Sylvan St

7

College Street Elementary School

Public District 1-3

1.3 mi

106 N College St

3

Orr Elementary School

Public District PK-5

9.4 mi

3350 Pine Haven Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $72,811. The most common annual income of people living in Lindale, TX is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

18%
<35k
50%
35k-100k
29%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

24%
Single, No Kids
6%
Single, with Kids
49%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
9%
12-17 yrs old
11%
18-34 yrs old
40%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR
  • SoccerSoccer

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dick's Sporting GoodsDick's Sporting Goods
  • Old NavyOld Navy

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ArbysArbys
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • LincolnLincoln
  • GMCGMC
  • LexusLexus

What do the neighbors listen to?

  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 15421 County Road 4140

The listing price of 15421 County Road 4140 property is $319,000.

The property 15421 County Road 4140 is a multi located in Lindale, Texas, 75771.

Active Listing: 15421 County Road 4140 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 15421 County Road 4140 are: Velma Penny Elementary School (GreatSchools Rating 9/10), College Street Elementary School (GreatSchools Rating 7/10), Orr Elementary School (GreatSchools Rating 3/10), E J Moss Intermediate School (GreatSchools Rating 7/10), Lindale Jr High School (GreatSchools Rating 9/10), Boulter Middle School (GreatSchools Rating 4/10), Lindale High School (GreatSchools Rating 7/10), Tyler High School (GreatSchools Rating 3/10), Premier High School of Tyler (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,532 (source: MLS/based on county public records data).

The last sale was on February 13, 2012 for $89,500 (source: MLS/tax record).

The year of construction for 15421 County Road 4140 is 2001.

This home is located at 15421 County Road 4140 in Lindale, TX and zip code 75771. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $319,000.

In June 2025 more than 3 listings in Lindale, TX were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 8 were sold below. In June 2025 in Lindale, TX there were 10% more homes for sale than in May. In June 2025 median list price was $376,000 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.

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