22
See all 22 photos
$900,000
Est. payment /mo
16 Acres Lot
Active
18957 Hwy 69 N Lindale, TX 75771
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 23011961
Lot Size 16.000 Acres
Acres 16.0
Property Sub-Type Land
Property Description
Located on 16 acres just north of Lindale TX with almost 550 feet of road frontage on Hwy 69. The property has a gross income per month of $4,400 per month across 17 units. The mobile homes located on the property are tenant owned and lot rents have not been raised by ownership for 10+ years. The property has two water wells, septic tanks and electric is separate which limits the expenses per month for a new owner. Located just .5 miles south of loop 49 it is very marketable to a tenant base to live here an
Location
State TX
County Smith
Area Smith
Zoning Other/See Remarks
Exterior
View Y/N No
Others
Acceptable Financing Conventional, FHA, VA, Cash
Listing Terms Conventional, FHA, VA, Cash
Listed by Sam Scarborough • Scarborough Commercial Real Estate