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Days47Days on Market
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$2,850,000

307 N Henry Street, Lindale, TX, 75771

On MarketInfo
Baths16,890 Sq Ft
ApartmentApartment
price_per_sqft$168.74 / sqft
Year BuiltBuilt in 2020

Exterior

Lot Size23,479 sqft

Building Information

Year Built2020
Roof Type105

Land Information

APN1-30000-0014-00-008010
SubdivisionCity Of Lindale
Land UseResidential
Legal DescriptionCITY OF LINDALEBLOCK 14 LOT 8A
Census Tract001404
Assessed Land Value$117,159
Assessed Improvement Value$1,844,748
Assessment Year2025

About this property

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!

Investor Tools

Property Icon
$1,961,907
Estimated Property Value
$0Estimated Mortgage Balance
$1,961,907Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,100 /month
Positive
Cash Flow Estimate:
$5,700 /month

Interested in this property?

Kayla Riggs

Keller Williams Realty-Tyler

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,000/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$38,187
$1,961,907
2025
$117,159
$1,844,748
$1,961,907
No

Tax History

Year
Tax Paid
Assessed Value
2025
$38,187
$1,961,907

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,961,907
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lindale

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307 N Henry Street | Property Details | No Agent List