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In-PersonVirtual Tour
$ 1,000,000
Est. payment | /mo
1.3 Acres Lot
$ 1,000,000
Est. payment | /mo
1.3 Acres Lot
Key Details
Property Type Commercial
Sub Type Building
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26010309
Construction Status Pre-owned
Year Built 2025
Annual Tax Amount $7,254
Tax Year 2026
Lot Size 1.300 Acres
Acres 1.3
Property Sub-Type Building
Source Greater Tyler Association of REALTORS
Property 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.
Location
State TX
County Smith
Interior
Furnishings Pre-owned
Building
Lot Description Outside City Limits
Construction Status Pre-owned
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Toni Scott Century 21 First Group - Lindale
Nearby Locations
Top 1% Real Estate Team in Texas
Over $2 Billion in Total Sales