17202 COUNTRYWOOD LN, LINDALE, TX 75771
Homes for sale in Lindale.
Homes for sale in 75771.
List Price$1,100,000
17202 Countrywood Ln
Lindale, TX 75771
Listing #26009372
Commercial
Type
About This Property
Excellent opportunity to acquire a portfolio of seven income-producing manufactured homes situated on approximately 5.18 acres. Built between 2016 and 2018, these well-maintained homes offer immediate cash flow with significant upside potential. The portfolio consists of a mix of 3-bedroom and 4-bedroom floor plans, with five properties currently on month-to-month leases, allowing a new owner the opportunity to adjust rents toward market rates. The portfolio is currently generating approximately $8,250 per month ($99,000 annually) with a projected market rent of approximately $10,300 per month ($123,600 annually), providing an estimated annual upside of $24,600. Large lot sizes ranging from approximately 0.50 to 0.89 acres add to the appeal for long-term tenants. Existing occupancy provides immediate cash flow while offering substantial value-add potential.
Property Features
Location Information
County
Smith
Directions
From Downtown Lindale, travel West on Hwy 16. Turn right onto Countrywood Ln. Property is on the right.
Exterior Features
Construction
See Remarks
Present Use
Apartments
Lot Description
See Remarks
Has Waterfront
No
Lot Size in Acres
5.18
Additional Information
Property Type
COM
Status
Active
Property SubType
Building
Taxes
2209.28
Year Built
2016
Tax Year
2026
Similar Listings
Mortgage Calculator
$5,135
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,963
Monthly Tax
$916
Monthly Insurance
$256
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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