new - 4 days on rocket

11722 Fm 16 W, Lindale, TX, 75771

$899,900

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Full Baths, 4 Partial
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

11722 Fm 16 W, 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
ParkingElectric Vehicle Charging Station(s), Garage, Garage Door Opener
Attached Garage1 space
Year Built2023
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #20806934
Lot Size1.00 Acres
StatusActive

About 11722 Fm 16 W

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

Listing Office:

  • Office Name: Leslie Cain Realty
  • Office Phone: (903) 594-8721
  • Listing Agent: Stacey Harris

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 8
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Electric Vehicle Charging Station(s), Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 11722 Fm 16 W
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

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

Tax Information:

  • Annual Amount: $778
  • Tax Year: 2021
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

$337.8K

Med. Price/SqFt

$192

Avg. Days On Market

109

# of Sold Homes

11

11722 Fm 16 W vs Lindale

4 DAYS ON ROCKET

-105 Days

$899,900

+$562K More

KEY TAKEAWAY

This property is $562K more than the Median List Price in Lindale, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20806934

Listing Office:

  • Office Name: Leslie Cain Realty
  • Office Phone: (903) 594-8721
  • Listing Agent: Stacey Harris

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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: 1/6/2025, 9:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$778$43,637
2020$816$41,869
2019$842$41,383
2018$843$42,238
2017$857$43,093

History based on county public records data.

Payment Calculator

$4,559

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,764

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-686251
7
/10

  • College Street Elementary School

  • 106 N College St

  • 3.18 miles

  • Public District Grades 1-3

school-card-donut-686252
9
/10

  • Velma Penny Elementary School

  • 1000 Mount Sylvan St

  • 3.72 miles

  • Public District Grades 1-3

school-card-donut-686253
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. The majority of Lindale, TX residents have income between $35k-100k annually. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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

This home is located at 11722 Fm 16 W in Lindale, TX and zip code 75771. This home, which was built in 2023, sits on a 1.00 acre lot. Features: 8 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $899,900.

The inventory of homes for sale in Lindale, TX between November 2024 and December 2024 increased by 7.4%. In December 2024 median list price was $337,863 and the average listing age was 109 days.

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

More Resources