Description
Exceptional Investment Opportunity! Own a fully occupied portfolio of 12 boutique-style cottages in the growing Lindale market. Situated on approximately 1.3 acres, this turnkey investment offers immediate cash flow with all units currently leased, making it an ideal addition to any investment portfolio. Each well-maintained home features 1 bedroom and 1 bathroom, providing an attractive, low-maintenance rental product with strong occupancy. The property has been meticulously maintained, allowing a new owner to step in and start collecting income from day one. With an approximate 10.9% cap rate, this rare offering delivers exceptional returns and long-term income potential. Whether you're an experienced investor looking to expand your portfolio or purchasing your first income-producing property, this is a unique opportunity to acquire a stabilized, cash-flowing asset with immediate upside. Call today to schedule your showing.
Details
| MLS # | 26010313 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 2025 |
| Days On Site | 114 |
| Listing Provided By | Century 21 First Group - Lindale | Toni Scott |
Features
| SQ Feet | 360 |
|---|---|
| Story(s) | 1 |
| Units | 12 |
Interior
| Cooling | Other/See Remarks |
|---|---|
| Heating | Other/See Remarks |
| Fireplace Features | Other |
Exterior
| Foundation Details | Pillar/Post/Pier |
|---|---|
| Construction Materials | Frame |
| Security Features | Audio and Video Surveillance |
Parking
| Parking Features | 1 Or More Per Unit |
|---|
Utilities
| Utilities | Separate Electric Meter |
|---|
Taxes
| Tax Annual Amount | 7254.05 |
|---|---|
| Tax Legal Description | S168170 - ROKUM DEVLOPMENT lot 2 |
| Tax Year | 2026 |
Other
| Showing Considerations | Audio and Video Surveillance |
|---|
Area Information
| State | TX |
|---|---|
| County | Smith |
| City | Lindale |
| Zip Code | 75771 |
| Area | Smith |
| School District | Lindale |
| Elementary School | Lindale |
| High School | Lindale |
| Listing VS Median (in Na) | |
Price: $1,000,000 low | high Med: $350,000 sqft: 360 low | high Med: 840 $ / sqft: $2,778 low | high Med: $417 On site: 114 low | high Med: 629 | |
Market Activity 75771
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Learn More About This Property
| State | TX |
|---|---|
| County | Smith |
| City | Lindale |
| Zip Code | 75771 |
| Area | Smith |
| School District | Lindale |
| Elementary School | Lindale |
| High School | Lindale |
| Listing VS Median (in Na) | |
Price: $1,000,000 low | high Med: $350,000 sqft: 360 low | high Med: 840 $ / sqft: $2,778 low | high Med: $417 On site: 114 low | high Med: 629 | |