Lindale, TX 75771 307 N Henry Street
$2,850,000



21 more





















Presented By: Keller Williams Realty-Tyler
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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!
Presented By: Keller Williams Realty-Tyler
Interior Features for 307 N Henry Street
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths2
Other Interior Features
Fireplaces Total0
FlooringTile, Wood
Interior FeaturesOpen Floorplan
Lock Box TypeSee Remarks
Total Units15
Unit Count2
General for 307 N Henry Street
# of Buildings2
AppliancesDishwasher, Disposal, Electric Range, Microwave
Capitalization Rate4.88
Carport Spaces
CityLindale
Complex NameNorth Henry Apartments
Construction MaterialsWood
CoolingCentral Air, Electric
CountySmith
DirectionsFrom Dallas, take I-20 until you reach exit 552 and exit for FM 849 N toward Lindale. Turn left onto North St. Turn right onto Henry St. Property is on the corner. SIY.
Elementary SchoolPenny
Elementary School NamePenny
Full Baths2
Gross Annual Expenses90878.00
HOA TypeNone
HeatingCentral, Electric
High SchoolLindale
Insurance Expense20400
LevelsTwo
Listing TermsCash, Conventional
Number of Garage Spaces0
Pool Y/NNo
PossessionClosing/Funding
Property SubtypeApartment
Property TypeResidential Income
RoofComposition
School DistrictLindale ISD
Standard StatusActive
StatusActive
Subdivision NameCITY OF LINDALE
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built2020
Year Built DetailsPreowned
Exterior for 307 N Henry Street
Attached Garage Y/NNo
Building Area Total16890.00
Covered Spaces
Exterior FeaturesBalcony
FencingMetal, Wood
Foundation Slab
Garage Y/NYes
Lot Size.5 to < 1 Acre
Lot Size Acres0.5390
Lot Size Area0.5390
Lot Size Square Feet23478.8400
Lot Size UnitsAcres
Number Of Parking Spaces30
Parking FeaturesConcrete, On Site, Paved
WaterfrontNo
Additional Details
Price History
Schools
Elementary School
Penny Elementary School
Middle School
N/A
High School
N/A
Suzanne Smith
Broker/Owner

SQFT • 16,890