11722 Farm To Market 16 East

Lindale, TX 75706

$899,900
Price
8
Beds
8
Baths
4
1/2 Baths
5,776 Sq. Ft.
$156 / Sq. Ft.
5,776
Sq. Ft.
$156
per Sq. Ft.

Description

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...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!
  1. Listed by Stacey Harris • TREC #0667045 • Leslie Cain Realty • 903-594-8721

Property Details for 11722 Farm To Market 16 East

Subdivision Name
Allegretto Estates
Pool
No
Garage Spaces
1
Number Of Parking Spaces
4
LISTING UPDATED: 01/02/2025 05:10 PM

Property Details for 11722 Farm To Market 16 East

StatusActive
MLS #20806934
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fourplex
Year Built2023
Lot Size1.00 AC / 43,647 SF
CountySmith County

Building Information for 11722 Farm To Market 16 East

Stories2Residences4Year Built2023Building Size-Lot Size1.00 AC / 43,647 SF

Property Information for 11722 Farm To Market 16 East

Summary
Location and General Information
  • Complex Name: Allegretto Estates
  • Directions: From downtown Lindale head East on FM 16. Property is on the left.
  • Elementary School: Penny
  • Elementary School Name: Penny
  • High School: Lindale
  • High School Name: Lindale
  • Intermediate School: Moss
  • Primary School: Lindale
  • Year Built Details: Preowned
  • School District: Lindale ISD
  • Geocode Confidence: Medium
  • Latitude: 32.52
  • Longitude: -95.36
  • State: Texas
Parking
  • Parking Features: Electric Vehicle Charging Station(s), Garage, Garage Door Opener
  • Attached Garage: Yes
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: ALLEGRETTO ESTATES LOT 1A
  • Association Type: None
  • Tax Lot: 1A
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Heating: Central, Electric
  • Interior Features: Cable TV Available
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Cooling: Central Air, Electric
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Builder
  • Construction Materials: Brick, Siding, Stone Veneer
  • Fencing: Wood
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Number Of Units Total: 4
  • Levels: Two
Property
Utilities
  • Utilities: Aerobic Septic, Cable Available, City Water
Property and Assessments
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 1.002
  • Lot Size Area: 1.002
  • Lot Size Units: Acres
  • Lot Size Square Feet: 43647.12
  • Multi Parcel ID: No
  • Parcel Number: 101650000000001010
Multi Family
Multi-Family Information
  • Number Of Buildings: 1
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Living Area Length: 1.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
Unit 2
  • Living Area Length: 1.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
Unit 3
  • Living Area Length: 1.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom
Unit 4
  • Living Area Length: 1.0
  • Number Of Baths Full: 2
  • Number Of Baths Half: 1
  • Unit Type Type: 2 Bedroom

Property History for 11722 Farm To Market 16 East

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 11722 Farm To Market 16 East

This home is within Winona Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Winona Elementary School
PublicPK to 5

Winona Intermediate School
Public4 to 5

Winona Middle School
Public6 to 8

Winona High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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11722 Farm To Market 16 East is a multi-family home for sale in Lindale, TX 75706. This property was listed for sale on January 2, 2025 by Leslie Cain Realty, it's currently listed at $899,900. This listing's school district is Winona Independent School District. Nearby schools include Winona Elementary School, Winona Intermediate School and Winona Middle School. 11722 Farm To Market 16 East is a 8-bed, 10-bath, 5,776 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Leslie Cain Realty, Stacey Harris

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