Built in 2023, this four-unit quadplex offers an investment opportunity on approximately 8 acres just minutes from I-20. The property consists of two exterior 3-bedroom, 2-bath units and two interior 2-bedroom, 2-bath units. Each unit features an open-concept living and dining area, quartz countertops, full-size kitchen appliances, generous closet space, walk-in showers in the primary bathrooms, and tub/shower combinations in the guest bathrooms. Construction features include spray foam insulation, a metal roof, and sound-barrier walls between units. The property also includes white rock parking and a shop. With approximately 8 acres, there is room for future expansion, and dirt work has already been completed for an additional quadplex. Additional acreage may provide opportunities for further units or improvements, subject to buyer due diligence and applicable approvals. Located outside city limits in a quiet setting with convenient access to I-20, this property offers existing rental income along with future development potential.
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!
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Lindale is located in Texas. Lindale, Texas has a population of 6,000. Lindale is more family-centric than the surrounding county with 40.56% of the households containing married families with children. The county average for households married with children is 34.01%.
The median household income in Lindale, Texas is $76,033. The median household income for the surrounding county is $62,518 compared to the national median of $69,021. The median age of people living in Lindale is 35.1 years.
The average high temperature in July is 93.3 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 45 inches per year, with 0.8 inches of snow per year.