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307 N Henry St, Lindale, TX, 75771

2beds
5baths
16,890sqft
$2,850,000
$169price/sqft
$23,824/moest. monthly cost
$952,960/yrincome needed

About This Home

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!

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

9/10
8/10
Lindale High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 2020

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Disposal,Microwave

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 5
  • Full bathrooms: 2

Features

  • Open Floorplan
  • Flooring: Tile,Wood

Heating & Cooling

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

Interior Area

  • Total structure area: 16,890
  • Total interior livable area: 16,890 sqft

Property

Details

  • Parcel number: 130000001400008010

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Balcony
  • Exterior features: Balcony
  • Fencing: Metal,Wood

Lot

  • Lot size: 0.54 Acres

Parking

  • Total spaces: 30
  • Parking features: Concrete,On Site,Paved
  • Has garage: Yes