13361 & 13363 Country Meadow Lane, Lindale, TX 75771
13361 & 13363 Country Meadow Lane, Lindale, TX 75771
13361 & 13363 Country Meadow Lane, Lindale, TX 75771
$321,000
Est. payment /mo
Est.Price: ?

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6 Beds
4 Baths
2,607 SqFt
SOLD DATE : 11/08/2021

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,607 sqft

Price per Sqft $123

Subdivision Country Meadows Est

MLS Listing ID 10137313

Bedrooms 6

Year Built 2012

Annual Tax Amount $3,572

Tax Year 2021

Lot Size 0.500 Acres

Property Sub-Type Duplex

Property Description

Very rare & excellent investment opportunity!!! Located just 2 miles from the high school in the highly sought after Lindale School District, These 100% Occupied Duplexes can be purchased individually (1 building/2 units), or in a package of up to 8 buildings/16 units. Each unit features an open floor plan with 3 generous bedrooms, 2 full baths, excellent storage, indoor laundry and a one car garage with a concrete drive. These well-maintained/energy efficient brick structures were built for low maintenance with stained cabinetry in the kitchen & baths, 30 year architect shingles with ridge vents, insulated windows & mostly maintenance-free exterior trim. All are on 1/2 acre lots with underground utilities, fenced tree-lined back yards, separate septic systems and electric meters. Community Basketball/Sport Court at the end of the Cul de Sac. Tenants pay all utilities. Although these units currently provide an excellent return on investment at their current rents, the most recent tenant's lease was signed at $1250/mo. The current market rate of $1/ft puts the larger units at $1300/mo, giving the new owner/investor excellent potential for an even greater return in the very near future. HURRY!!! With the explosive growth and property shortage in both the Lindale & Tyler areas, THESE WON'T LAST LONG!!! No signs on the properties & please do not disturb tenants. (Due to 100% occupancy, photos may not be of this exact unit and may also have a reverse/mirror image of the layouts in the listing photos).

Location

State TX

County Smith

Zoning Two Family Dwelling

Interior

Heating Central Electric

Cooling Central Electric, Individual Controlled

Flooring Stained Concrete

Fireplaces Type None

Equipment Range/Oven-Electric, Dishwasher, Microwave, Pantry

Exterior

Exterior Feature Patio Covered, Porch

Fence Chain Link Fence

View Y/N No

Roof Type Composition

Building

Foundation Slab

Sewer Conventional Septic Sys

Water Community

Schools

Elementary Schools Lindale

Middle Schools Lindale

High Schools Lindale

Others

Acceptable Financing Conventional, FHA, Must Qualify, Cash

Listing Terms Conventional, FHA, Must Qualify, Cash

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Greater Tyler MLS (GTARMLS)
Listed by Clay Simpson • Simpson Realty Group
Bought with Brian Chinn

Nearby Schools & Businesses

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Leslie Cain

Leslie Cain

+1(903) 520-7696

Broker/Owner | License ID: 0606000

Broker/Owner License ID: 0606000

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