307 N Henry St, Lindale, TX 75771

$2,750,000
2
BD
2
BA
16,890
SqFt

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List Price
$2,750,000
Price Change
▼ $100,000 1781574880
MLS#
21248557
Status
ACTIVE
Type
Condo
Subtype
ResidentialIncome
Year Built
2020
Bedrooms
2
Bathrooms
2
Acres
0.54
Living Area
16,890
County
Smith
City
Lindale
Subdivision
CITY OF LINDALE
Building Name
North Henry Apartments

Property Description

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!

Additional Information

Lot Size
23,478
Interior Features
Open Floor Plan
Flooring
Tile, Wood
Foundation
Slab
Roof
Composition
Stories
2
Pool Features
None
Exterior
Balcony
Parking Garage
Paved, On Site, Paved
School District
Lindale Isd
Elementary School
Penny
Middle School
Moss
High School
Lindale
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Kayla Riggs from Keller Williams Realty-Tyler. Contact: 903-262-4248