18957 Hwy 69 N Active

Lindale,TX 75771

$ 900000

- Bed

- Bath

- SqFt


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 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

Waterfront No

View Y/N No

Others

Acceptable Financing Conventional,FHA,VA,Cash

Listing Terms Conventional,FHA,VA,Cash

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