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  • Price Unknown

    11722 Fm 16 W, Lindale, TX 75771

    --beds
    --baths
    5,776sqft
    Quadruplex
    Built in 2023
    -- sqft lot
    $857,200 Zestimate®
    $--/sqft
    $1,540 Estimated rent

    Home value

    $857,200

    $797,000 - $926,000

    $1,540/mo

    Zestimate® history
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    $1,540/mo

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    $1,540/mo

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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Derek Harris 903-521-5900,

    Leslie Cain Realty, LLC,

    Stacey Harris 903-539-6015

    Bought with:

    Amy Turman

    Drake Real Estate & Investments

    Source: GTARMLS,MLS#: 25009925MLS Logo

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Electric
    Appliances
    • Included: Electric Range, Dishwasher, Microwave, Refrigerator
    Features
    • Flooring: Carpet, Ceramic Tile, Vinyl
    • Fireplace features: Other
    Interior area
    • Total structure area: 5,776
    • Total interior livable area: 5,776 sqft

    Property

    Parking
    • Parking features: 1 Or More Per Unit, Concrete
    Features
    • Levels: Two
    • Stories: 2
    • Fencing: Wood
    Lot
    • Size: 1 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick, Siding
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Pre-owned
    • Year built: 2023

    Utilities & green energy

    • Sewer: Aerobic Septic
    • Water: Community
    • Utilities for property: Separate Electric Meter, Separate Water Meter

    Community & HOA

    Community
    • Security: Audio and Video Surveillance
    • Subdivision: Allegretto Estates
    Location
    • Region: Lindale

    Financial & listing details

    • Annual tax amount: $10,021
    • Date on market: 7/1/2025
    • Total actual rent: 9350
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    9/9/2026Listing removed$1,395
    Source: Zillow Rentals Report a problem
    8/11/2026Price change$1,395-3.8%
    Source: Zillow Rentals Report a problem
    7/21/2026Price change$1,450-3%
    Source: Zillow Rentals Report a problem
    7/1/2026Price change$1,495+7.2%
    Source: Zillow Rentals Report a problem
    6/3/2026Price change$1,395-6.7%
    Source: Zillow Rentals Report a problem
    5/6/2026Price change$1,495-9.4%
    Source: Zillow Rentals Report a problem
    4/28/2026Listed for rent$1,650
    Source: Zillow Rentals Report a problem
    4/28/2026Listing removed$1,650
    Source: Zillow Rentals Report a problem
    4/23/2026Listed for rent$1,650
    Source: Zillow Rentals Report a problem
    4/23/2026Listing removed$1,650
    Source: Zillow Rentals Report a problem
    4/21/2026Listed for rent$1,650
    Source: Zillow Rentals Report a problem
    8/25/2025Sold--
    Source: GTARMLS #25009925 Report a problem
    8/13/2025Pending sale$875,900-2.7%$152/sqft
    Source: GTARMLS #25009925 Report a problem
    7/28/2025Price change$899,900+2.7%$156/sqft
    Source: LGVBOARD #20250016 Report a problem
    7/28/2025Listed for sale$875,900$152/sqft
    Source: GTARMLS #25009925 Report a problem
    7/21/2025Pending sale$875,900$152/sqft
    Source: GTARMLS #25009925 Report a problem
    7/1/2025Listed for sale$875,900-2.7%$152/sqft
    Source: GTARMLS #25009925 Report a problem
    6/28/2025Listing removed$899,900$156/sqft
    Source: GTARMLS #24016948 Report a problem
    12/21/2024Listed for sale$899,900$156/sqft
    Source: GTARMLS #24016948 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 75771

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lindale
    • Middle: Lindale
    • High: Lindale

    Source: GTARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $857,200
    2% more
    +$17,144
    With Zillow Showcase(estimated)
    $874,344
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $857,200
    2% more
    +$17,144
    With Zillow Showcase(estimated)
    $874,344