307 N HENRY STREET, LINDALE, TX 75771
Homes for sale in Lindale.
Homes for sale in 75771.
307 N Henry Street
Lindale, TX 75771
List Price$2,850,000
Listing #21248557
About This Property
This recently built apartment complex in Lindale offers a rare opportunity to own a fully occupied, income-producing property in a highly desirable and growing area. Consisting of two buildings with a total of 15 units, this well-maintained complex is 100% occupied and designed with both investor return and tenant comfort in mind. The unit mix includes eleven 2 bed, 2.5 bath units at 1,160 sq ft, along with four 1 bed, 1.5 bath units at 900 sq ft. Each unit features a fresh, modern design with spacious layouts and access to a private fenced backyard area - an added feature that sets this property apart and enhances tenant appeal. Tenants pay all utilities, helping maximize efficiency and simplify management. Ideally located in Lindale school district, the property is just minutes from local shopping, dining, and amenities, with convenient access to Tyler and I-20 for easy commuting to surrounding cities. With strong occupancy, desirable unit features, and a prime location, this is an exceptional investment opportunity in the heart of East Texas!
Property Features
Location Information
County
Smith
Subdivision
CITY OF LINDALE
Interior Features
Interior
Open Floorplan
Cooling
Central Air, Electric
Full Baths
2
Floors
Tile, Wood
Has Fireplace
No
Appliances
Dishwasher, Electric Range, Disposal, Microwave
Number of Fireplaces
0
Total Number of Units
15
Heating
Central, Electric
Exterior Features
Stories
2
Fencing
Metal, Wood
Construction
Wood Siding
Patio / Deck Description
Balcony
Exterior
Balcony
Pool Description
None
Foundation
Slab
Lot Size in Acres
0.539
Roof
Composition
Lot Size in Sq. Ft.
23,478
Utilities
Sewer Available, Water Available
Buildings
2
Parking Description
Concrete, On Site, Paved
Building Total Area (Sq. Ft.)
16,890
Has Garage
Yes
Is One Story
No
Garage Spaces
0
School
Elementary School District
Lindale ISD
High School
Lindale
Elementary School
Penny
Additional Information
Year Built Details
Preowned
Year Built
2020
Property Type
RI
Status
Active
Property SubType
Apartment
Has a Home Owners Association
No
Similar Listings
Mortgage Calculator
$13,310
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$10,270
Monthly Tax
$2,375
Monthly Insurance
$665
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.
Schools
Walk Score
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