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$2,750,000

307 N Henry Street, Lindale, TX, 75771

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths16,890 Sq Ft
ApartmentApartment
price_per_sqft$162.82 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
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

$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
$16,500 /month
Positive
Cash Flow Estimate:
$5,500 /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

City: Lindale

307 N Henry Street | Property Details | No Agent List