SOLD! INVESTMENT LAND & DUPLEX FOR SALE NEAR LINDALE TX SMITH CO
22398 C R 445, Lindale, Texas, 75771
List Price
$ 425,000
Acres
15.18
MLS #
10153303
PROPERTY FEATURES
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East TX Investment Property
Duplex for Sale Lindale Texas
Land for Sale Lindale Texas
Lindale Multifamily Property
No Restrictions Land for Sale
Accessible County Road Frontage
Pasture Fenced & Cross-fenced
TX Income-Producing Property
Carroll Bobo TX Land Broker
PROPERTY DESCRIPTION
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Prime Investment Opportunity in Lindale TX
This Lindale, Texas, 15.184-acre tract of land is unique because it has a 2704-square-foot Duplex. The property is located Northwest of Lindale on County Road 445, about halfway between Lindale and Mineola.
Develop or Farm on East Texas Land for Sale
The East Texas land for sale is rectangular and is primarily an open pasture that is fenced and cross-fenced. The grassland is used for hay meadows and would work great for a few horses or cows. If desired, there is plenty of room to add more rental units or build a country home hidden at the back of the property. With 90% pasture and 10% timber, the property presents several options for the new owner.
Lindale Texas Income Producing Property for Sale
The Duplex on this Lindale property for sale is income-producing. One side of the Duplex is a two-bedroom with one bath, and the other is a two-bedroom with one and a half baths. Each side is leased for $850.00 per month with water furnished by the landlord. If the new owner does not want to continue with the rental business, the tenants must be given up to 90 days to move out. This Lindale property is a beautiful tract of land with no restrictions. Lindale Rural Water Company provides water service, and Wood County Electric is the electricity service provider.
East Texas Land for Sale in Lindale ISD
State Highway 69 is minutes away, making it a 10-minute drive to Lindale or 6 minutes to Mineola. The property sits in the award-winning Lindale Independent School District! It is convenient to Darden Park, Texas Music City Grill & Steakhouse, and The Pink Pistol (Miranda Lambert).
Unrestricted Smith County Investment Property for Sale
The property is in Smith County and is currently unzoned. The property is accessible with approximately 311 linear feet of County Road 445 frontage with community electricity and water on site. The size of the land tract and road frontage would allow the new owner to add more rentals, an RV Park, a mobile home park, or build a ranch house at the back of the property. Lots of potential with this property.
PROPERTY DOCUMENTS
Seller's Disclosure
Information About On-Site Sewer
Lead Paint Addendum
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Carroll Bobo
Broker Associate | License ID: 0273469
Broker Associate License ID: 0273469
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FEATURED LISTINGS
- 4 Beds3 Baths2,305 SqFt1/47 47Active
$1,380,000
- 6 Beds6 Baths5,988 SqFt1/39 39Price Dropped by $251K
$1,699,000
- 1 Bed2 Baths2,800 SqFt1/48 48Active
$2,272,000
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