Stephen Hathcoat - Coldwell Banker Apex Realtors
15421 County Road 4140
Lindale, TX 75771

Description

Income Property!! Great rental property setup with consistent renter occupancy for more than 10 years!!! Lindale Schools! 3 Units on this property with storage for each as well as an area in the 3rd unit - currently rented. Unit #1-2bd,1bth was built in 1948 - rents for $650 per mo. Unit #2-2bd,2bth built in 2000 - rents for $800 per mo. Unit #3 - effic. at $350 per mo. There is a hanger style storage on the other end of the effic. which currently rents for $200 per mo - holds 3 cars and a loft storage above. Total rent for all - $2000 per mo. Several updates incl. paint, appliances, water heaters, etc. Priced to move with higer rent to price ratio than normal.

Details

MLS#13981850
Sub-TypeResale
StatusActive
Year1948
Days On Site11

Features

SQ Feet2,700
Units3
Building(s)1

Market Activity 75771

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Area Information

StateTX
CountySmith
CityLindale
Zip Code75771
AreaSMITH COUNTY (98)
Listing VS Median (in 75771)
Price:
$179,900
low | high
Med:
$217,450
29.127292940523% of Average
SqFt:
2,700
low | high
Med:
2,132
71.055555555556% of Average
$ / SqFt:
$67
low | high
Med:
$104
6.710105031044% of Average
On Site:
11
low | high
Med:
111.5
9.865470852018% of Average
Listing Updated: 12/14/2018
MLS Number: 13981850
Listing Provided By:
Leslie Cain  of  Leslie Cain Realty

All information provided by seller and is deemed to be correct, but is not guaranteed.  Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change.