307 N HENRY STREET, LINDALE, TX 75771

Homes for sale in Lindale.

Homes for sale in 75771.


307 N Henry Street

Lindale, TX 75771

Active

List Price$2,850,000

Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image Listing Image

Listing #21248557

2

Bedrooms

2 full

Bathrooms

16,890

Square Feet

15

Number of Units

Multi-Unit Residential

Type

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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