new - 23 hours on rocket

11722 Fm 16, Lindale, TX, 75771

$899,900

Home List Price

$10,000*

Closing Credit

8 Bedrooms
10 Baths
5,776 SqFt
$156/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

11722 Fm 16, Lindale$899,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingConcrete
Year Built2023
HeatingElectric, Central
CoolingCentral Air
MLS #24016948
Lot Size1.00 Acres
StatusActive

About 11722 Fm 16

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!

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 5,776 SqFt

Listing Office:

  • Office Name: Leslie Cain Realty, LLC
  • Listing Agent: Derek Harris

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Refrigerator, Microwave
  • Flooring Type: Carpet, Ceramic Tile, Vinyl

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Wood Fence

Parking Information:

  • Parking: Concrete

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From downtown Lindale head East on FM 16. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,900
  • Price Per SqFt: $156/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Lindale, TX.

Map thumbnail provided by MapBox

Lindale, TX

City

Med. List Price

$359.9K

Med. Price/SqFt

$193

Avg. Days On Market

105

# of Sold Homes

2

11722 Fm 16 vs Lindale

1 DAY ON ROCKET

-104 Days

$899,900

+$540K More

$156/SqFt

-$37 Less

KEY TAKEAWAY

This property is $540K more than the Median List Price and $37/SqFt less than other homes in Lindale, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TylerTX
  • MLS Number: #24016948

Listing Office:

  • Office Name: Leslie Cain Realty, LLC
  • Listing Agent: Derek Harris

IDX Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) of the Greater Tyler Association of REALTORS Multiple Listing Service. The IDX logo indicates listings of other real estate firms that are identified in the detailed listing information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable, but not guaranteed. Copyright © 2024 Greater Tyler Association of REALTORS® All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 12/21/2024, 8:16:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-780648
7
/10

  • College Street Elementary School

  • 106 N College St

  • 3.18 miles

  • Public District Grades 1-3

school-card-donut-780649
9
/10

  • Velma Penny Elementary School

  • 1000 Mount Sylvan St

  • 3.72 miles

  • Public District Grades 1-3

school-card-donut-780650
6
/10

  • Hawkins Elementary School

  • 179 Hawk Dr

  • 9.68 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,036. Typical income of Lindale, TX residents is between $35k-100k annually. Most families are married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Smith County›Lindale›75771›11722 Fm 16

This home is located at 11722 Fm 16 in Lindale, TX and zip code 75771. This 5,776 square foot home, which was built in 2023, sits on a 1.00 acre lot. Features: 8 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $899,900.

The number of homes for sale in Lindale, TX increased by 15.8% between October 2024 and November 2024. Listings spent 105 days on the market in November 2024, and had a median list price of $359,900 during the same period.

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

More Resources